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
...
(Read more)
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 public transportation, the location continues to benefit from strong rental demand and ongoing neighborhood growth. Its walking distance to the Little Havana area in addition to being minutes from Coconut Grove and Brickell makes it highly attractive to both residential and commercial tenants. Don't miss the chance to own a turnkey mixed-use investment with significant income potential in a prime location.
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
Last Updated: June - 12 - 2026
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