427 Grand Concourse
Miami Shores, FL 33138
$1,659,000
$818/ft²
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 $1,659,000, 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.
Property details
Listing
- MLS #
- A12013276
- Status
- For sale
- Listed on
- May 5, 2026
- Days on market
- 97 days
- Listing data updated
- Aug 9, 2026
Interior
- Beds
- 2
- Baths
- 2
- Living area
- 2,029 ft²
- Price per ft²
- $818/ft²
Building & community
- Type
- Single-family home
- Year built
- 1953
- County
- Miami-Dade
Lot & exterior
- Lot size
- 9,750 ft²
Days on market, price per ft² and the monthly HOA amount are calculated by this site from the MLS data shown; the association fee is normalized to a monthly figure.
True monthly cost
- Mortgage (principal & interest)
- $8,389
- Property taxes (est.)
- $1,521
- Home insurance (est.)
- $600
- Flood insurance (est.)
- —
Estimated total$10,510*/mo
* Some cost lines aren't available yet for this listing; the total shown is incomplete.
Based on 20% down, a 6.5% rate and a 30-year loan, plus this home's estimated Florida carrying costs. All figures are illustrative estimates — not quotes, not financial or insurance advice.
Sources: flood zone — FEMA National Flood Hazard Layer; mortgage, taxes and insurance figures — this site's own estimates; HOA / CDD — as reported for this listing.
What will this home really cost you?
Location
Mortgage calculator
$8,389/moEstimated principal & interest. Taxes, insurance, and HOA are not included. This is an estimate, not a quote or financial advice.
This listing is courtesy of Keller Williams Capital Realty.
Nicholas Del Boca · 305-904-8214 · NicholasDelBoca@gmail.com · 305-662-7325
Data deemed reliable, but is not guaranteed accurate by MIAMI REALTORS®.
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