15601 SW 127 AVE, South Miami Heights, FL 33177
Parcel: 3059260170120 · Store · Retail Outlet · Zoning: 6400
Assessed Value (2025)
$20,000,000
Property Details
Living Sqft
172,517
Year Built
2021
Lot Sqft
673,835
Stories
1
STORE : RETAIL OUTLET
Sales History
1
$9,600,000
2020-08-26
UNIVERSITY OF MIAMI → CORAL REEF RETAIL LLC
2
$19,500,000+103%
2021-12-10
CORAL REEF RETAIL LLC → MAKANA NUI LLC
Tax Assessment History
$20,000,000
Assessed (2025)
$20,000,000
Market Value
$20,000,000
Taxable Value
$407,184
Annual Tax
2024
$19,708,480
$20,000,000
2025
$20,000,000
Assessed Market
View detailed table
| Year | Assessed | Market | Taxable | Tax | Building | |
|---|---|---|---|---|---|---|
| 2025 | $20,000,000 | $20,000,000 | $20,000,000 | $407,184 | $10,781,360 | $9,218,640 |
| 2024 | $19,708,480 | $20,000,000 | $19,708,480 | $401,249 | $10,781,360 | $9,218,640 |
About 15601 SW 127 AVE, South Miami Heights, FL 33177
15601 SW 127 AVE, South Miami Heights, FL 33177 is a store : retail outlet built in 2021 with 172,517 square feet of living space on a 673,835 square foot lot. The property is currently owned by MAKANA NUI LLC C/O GEOFFREY AVERY, recorded as of 2026-04-19. The mailing address differs from the property address, suggesting this may be an investment property or rental.
The most recent sale was on 2021-12-10 for $19,500,000, when CORAL REEF RETAIL LLC sold to MAKANA NUI LLC. The property has appreciated $9,900,000 (103%) since the prior sale of $9,600,000 on 2020-08-26. The 2025 assessed value is $20,000,000 with a market value of $20,000,000.
This breaks down to $10,781,360 for the land and $9,218,640 for the building. The assessed value increased 1% from $19,708,480 in 2024. The median household income in this area is $66,619, and the median home value is $333,200.
The population density is 1,552 people per square mile. This property currently has 2 open code violations on record with miami_dade code enforcement. Open violations can affect property value and may need to be resolved before a sale can close.
15601 SW 127 AVE, South Miami Heights, FL 33177 is located in South Miami Heights, Florida. Property records, tax assessments, sales history, and ownership information for this South Miami Heights property are sourced from miami_dade County public records. The complete ownership history of this property spans from 2020 to 2021, with 2 recorded transactions in the public record.
The current assessed value represents 103% of the most recent sale price. There are 3 active building permits on this property with a combined estimated cost of $898,126, indicating ongoing construction or renovation work. Based on the most recent sale, this property traded at $113 per square foot — a key metric for comparing value across South Miami Heights's real estate market..
Building Permits (15)
| Permit # | Type | Description | Status | Date | Cost |
|---|---|---|---|---|---|
| C2026065635 | building | A | — | ||
| C2025147004 | electrical | A | $879,376 | ||
| C2026046826 | electrical | F | — | ||
| C2025127014 | building | F | $100,000 | ||
| W2025168993 | electrical | F | — | ||
| C2024104841 | electrical | A | $18,750 | ||
| C2025095757 | building | F | — | ||
| C2025077527 | building | F | — | ||
| C2025063423 | fire | F | — | ||
| W2025058867 | electrical | F | — | ||
| C2023124569 | building | F | $200,000 | ||
| C2025026588 | building | F | — | ||
| C2024102215 | building | F | — | ||
| C2024018454 | building | F | — | ||
| C2023084034 | building | F | — |
Code Violations 2 open
R2026052593 open
2026-03-02
A2025001939 open
2025-03-11
Distress Signals
- 2 open code violations
Current Owner
MAKANA NUI LLC C/O GEOFFREY AVERY
45 167 KEANA RD, KANEOHE, HI, 96744
Since: 2026-04-19
View owner profile →
People Behind This Entity
Est. Annual Insurance
$120,400 — $200,800
Flood $400 — $800
Property/Wind $120,000 — $200,000
Estimate based on FEMA flood zone, property value, and year built. Actual premiums vary based on elevation, mitigation features, roof condition, and insurer. Not a quote.
Neighborhood
Median Income$66,619
Median Home Value$333,200
Pop. Density1,552/sq mi
Neighborhood 15601
100%
Owner-Occ
0%
Investor
6,672
Flips (4yr)
0
New Biz (3yr)
Distress Risk
MODERATE
31
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