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502 SW & 510 27th Avenue, Miami, FL 33135 (MLS# A12029566)

502 SW & 510 27th Avenue, Miami, FL 33135

$6,500,000
Property Type: Residential Income Square Footage: 3,826 Status: Active
Current Price: $6,500,000 List Date: 5/28/2026 Last Modified: 6/12/2026

Overview

Description

Exceptional Mixed-Use Investment Opportunity in the Heart of MiamiRare chance to acquire a fully remodeled mixed-use income-producing property in one of Miami's most desirable and rapidly growing neighborhoods, conveniently located between Little Havana and Coconut Grove.This unique investment portfolio features:• Medical Office Space on the ground floor, providing stable commercial tenancy potential.• Two (2) Renovated 2-Bedroom/2-Bath Apartments located above the medical office.• One Fourplex consisting of four (4) remodeled 1-Bedroom/1-Bath units.• One Duplex featuring two (2) remodeled 1 bedroom one bath.The property offers a total of 8 residential units plus a commercial medical office, creating multiple income streams and strong cash flow potential. All units have been beautifully updated, minimizing immediate capital expenditures and allowing for seamless transition for investors. Ideally situated near major employment centers, restaurants, shopping entertainment, and pu ...

Listing Details MLS# A12029566

General Property Information

Number Of Units Total
4
Property Sub Type
Quadruplex
Building Area Main
3826
Living Area Main
3826
Adjusted Area Main
2495
Year Built
1940
Parking Total
10
Stories Total
2
Pool Private YN
No

Property Features

Documents Available: Copy Of Lease(s) Flooring: Ceramic Tile; Vinyl Property Condition: Resale Structure Type: Multi Family Construction Materials: Block Cooling: Central Air Heating: Central; Separate Meters Listing Terms: Cash; Conventional Possession: Negotiable Roof: Concrete; Flat; Tile Sewer: Public Sewer Tax Information: Tax Reflects No Exemptions Utilities: Cable Available Water Source: Public Showing Requirements: 24 Hour Notice Unit 1 Appliances: Microwave Unit 1 Parking Features: Parking Space Unit 2 Appliances: Microwave Unit 2 Parking Features: Parking Space Unit 3 Appliances: Microwave Unit 3 Parking Features: Parking Space Unit 4 Appliances: Microwave Unit 4 Parking Features: Parking Space

Contract Information

Comp Sale YN
No
Original List Price
6500000

Location and Legal

Country
United States
County Or Parish
Miami-Dade
County Parish Name
Miami-Dade
Street Number
502
Street Direction Prefix
SW
Street Name
& 510 27th
Street Suffix
Avenue
City Name
Miami
Municipal Code
Yes
State Or Province
FL
Postal Code
33135
Postal Code +4
2941
Postal Zip
33135
Subdivision Name
CAROLINA HEIGHTS
Area
2410
Elementary School
Auburndale
Middle Or Junior School
Citrus Grove
High School
Miami
Parcel Number
0141040170510
Subdivision Number
17
Zoning
6101
Flood Zone
X

Financial Information

Tax Year
2025
Tax Legal Description
CAROLINA HEIGHTS PB 11-61 LOT 22 LESS E5FT BLK 3 LOT SIZE 55.000 X 121 OR 17878-0517 1197 1

Status Change Information

Major Change Timestamp
2026-05-28T04:00:00Z
Major Change Type
New Listing
Status Change Date
2026-06-02

More Information

Income and Expenses

Gross Income
8000

Unit 1 Details

Actual Rent
2200
Baths Full
2
Efficiency YN
No
Furnished
Unfurnished

Unit 1 Lease Description

Lease Term
Month To Month

Unit 2 Details

Actual Rent
2200
Baths Full
2
Efficiency YN
No
Furnished
Unfurnished

Unit 2 Lease Description

Lease Term
Month To Month

Unit 3 Details

Actual Rent
1800
Baths Full
Yes
Efficiency YN
No
Furnished
Unfurnished

Unit 3 Lease Description

Lease Term
Month To Month

Unit 4 Details

Actual Rent
1800
Baths Full
Yes
Efficiency YN
No
Furnished
Unfurnished

Unit 4 Lease Description

Lease Term
Month To Month

Price Calculations

Current Price To SqFt
1698.9

Section Details

Parcel Number MLX
0510

Originating Details

Originating System Key
503283090
Originating System ID
M00000151

Office/Member Information

DXORIGMLSID
SEF

Flooring

Ceramic Tile
Yes
Vinyl
Yes

Property Condition

Resale
Yes

Documents Available

Copy Of Lease(s)
Yes

Structure Type

Multi Family
Yes

Possession

Negotiable
Yes

Sewer

Public Sewer
Yes

Utilities

Cable Available
Yes

Heating

Central
Yes
Separate Meters
Yes

Construction Materials

Block
Yes

Listing Terms

Cash
Yes
Conventional
Yes

Roof

Concrete
Yes
Flat
Yes
Tile
Yes

Water Source

Public
Yes

Cooling

Central Air
Yes

Showing Requirements

24 Hour Notice
Yes

Tax Information

Tax Reflects No Exemptions
Yes

Unit 1 Appliances

Microwave
Yes

Unit 1 Parking Features

Parking Space
Yes

Unit 2 Appliances

Microwave
Yes

Unit 2 Parking Features

Parking Space
Yes

Unit 3 Appliances

Microwave
Yes

Unit 3 Parking Features

Parking Space
Yes

Unit 4 Appliances

Microwave
Yes

Unit 4 Parking Features

Parking Space
Yes
Listing Office: RE/MAX Advance Realty II
IDX
Last Updated: June - 12 - 2026
This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. Copyright 2026 Beaches Multiple Listing Service, Inc. All rights reserved. Information Not Guaranteed and Must Be Confirmed by End User. Site contains live data.

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