Miami, FL 33135 502 & 510 SW 27th Ave
$6,500,000


Presented By: This listing is courtesy of RE/MAX Advance Realty II
Home Details
Exceptional Mixed-Use Investment Opportunity in the Heart of Miami
Rare 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 1-Bedroom/1-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.
Presented By: This listing is courtesy of RE/MAX Advance Realty II
Interior Features for 502 & 510 SW 27th Ave
Bedrooms
Total Bedrooms1
Bathrooms
Half Baths0
Total Baths
Other Interior Features
LivingAreaSourceOwner
Air Conditioning Y/NYes
FlooringCeramic Tile, Vinyl
Heating Y/NYes
General for 502 & 510 SW 27th Ave
Architectural StyleFourplex
CityMiami
Construction MaterialsBlock
CoolingCentral Air
CountyMiami-Dade
Full Baths1
HeatingCentral
Legal DescriptionCAROLINA HEIGHTS PB 11-61 LOT 22 LESS E5FT BLK 3 LOT SIZE 55.000 X 121 OR 17878-0517 1197 1
LevelsTwo
Listing TermsCash, Conventional
Lot Size UnitsSquare Feet
MLS Area41
Number Of Units Total2
Occupancy TypeCall Agent
Pool FeaturesNone
PossessionClosing & Funding
PostalCityMiami
Property Sub Type AdditionalQuadruplex
Property SubtypeQuadruplex
Property TypeResidential Income
Rent IncludesElectricity, Gardener, Cable TV
RoofConcrete, Flat, Tile
SewerPublic Sewer
Special Listing ConditionsListed As-Is
Standard StatusActive
StatusActive
Stories Count2
Subdivision NameCAROLINA HEIGHTS
Tax Annual Amount0
Tax Year2025
UtilitiesCable Available
Virtual TourClick here
Year Built1940
Year Built DetailsResale
Zoning Description6101
Exterior for 502 & 510 SW 27th Ave
Building Area Total3826
Covered Spaces
Lot Features< 1/4 Acre
Total Parking10
Water SourcePublic
Waterfront Y/NNo
Additional Details
Price History
Schools
High School
Hubert H Humphrey Middle School
Middle School
N/A
Elementary School
Big Hollow Elementary School
Kristina Torres
Realtor®
SQFT • 3,826