427 Grand Concourse, Miami, FL, 33138
About This Home
Located on one of the most desirable streets in Miami Shores, 427 Grand Concourse presents a rare opportunity to secure a prime property in a neighborhood known for its long-term value and charm. Offered at $1,749,000, this residence sits on an expansive lot of nearly 10,000 sq ft, surrounded by some of the most prestigious homes in the area. The existing home offers approximately 2,000 sq ft of living space, making it an ideal option for a buyer looking to move in immediately or take advantage of the lot’s full potential through a thoughtful renovation or new construction. Whether you’re an end-user, investor, or developer, this property allows for multiple strategies in a location where land value continues to rise. Grand Concourse is widely recognized as one of the premier streets in Miami Shores, known for its quiet setting, tree-lined ambiance, and proximity to top schools, parks, and Biscayne Bay. Properties on this street are rarely available and consistently command strong appreciation over time. This is more than just a home—it’s a long-term investment in one of Miami’s most established and sought-after communities. A unique chance to create, renovate, or simply enjoy a property that will continue to grow in value for years to come.
Getting Around
Very Walkable
Some Transit
BikeableSchools
Construction
Condition
- Year built: 1953
Materials
- Roof: Other
- Construction materials: Block
Type & Style
- Home type: SingleFamily
- Property subType: Single Family Residence
Interior
Bedrooms & Bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 2
Features
- Other
- Flooring: Wood
Heating & Cooling
- Heating features: Central
- Cooling features: Central Air
Interior Area
- Total structure area: 2,777
- Total interior livable area: 2,029 sqft
Property
Details
- Parcel number: 1132060170260
- Zoning: 1300
- Other equipment: None
Features
- Stories: 1
- Entry location: First Floor Entry
- Pool features: R30-No Pool/No Water
- Exterior features: None
- Has view: Yes
- View description: None
Lot
- Lot size: 9,750 sqft
- Features: Less Than 1/4 Acre Lot
Parking
- Total spaces: 2
- Parking features: Additional Spaces Available,Covered,Driveway
- Has garage: Yes
- Attached garage spaces: 2
- Covered spaces: 2
- Has uncovered spaces: Yes
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Hurricane
- Heat Wave
- Inland Flooding
- Tsunami
How This Home’s Risks Compare
FEMA Declared Disasters in Miami-Dade County and Florida
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $8,388 | $100,656 |
| Home Insurance * | $1,571 | $18,852 |
| Property Taxes | $1,119 | $13,428 |
| Electricity | $204 | $2,450 |
| Total | $11,282 | $135,384 |
Income You'd Need if You Spent...
Florida FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-05-05 | Listed for sale | $1,749,000 |
| 2026-04-01 | Sold | $1,250,000 |
| 2026-02-23 | Pending sale | $1,250,000 |
| 2025-09-04 | Listed for sale | $1,250,000 |
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