502 & 510 27th Ave ,Detached, Quadruplex, Carolina Heights for Sale

502 & 510 27th Ave for Sale

Price $6,500,000.00

• Lot size 3826
• Year Build 1940
• Waterfront
• Zip 33135
• Style Detached
• Parking Description
• Pool Yes
• Status Active

Description

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.

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

Less Than 1/4 Acre Lot

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.

City:Miami,Roof:1:Flat Tile,Zoning:6101,List A O R:A-Miami Association of REALTORS,Stories:2,Tax Year:2025,Flooring:1:Vinyl,Latitude:25.767523,Cooling Y N:1,Heating Y N:1,List Price:6500000,Listing Id:A12029566,Longitude:-80.2392067,Mls Status:Active,Year Built:1940,Living Area:3826,Postal Code:33135,Street Name:27th Ave,Coordinates:1:25.767523,Photos Count:4,Building Name:CAROLINA HEIGHTS,Days On Market:8,Listing Terms:1:Conventional,Lot Size Units:Square Feet,M I A M I R E_ Area:41,M L S Area Major:Carolina Heights,On Market Date:2026-05-28,Parcel Number:01-41-04-017-0510,Parking Total:10,Property Type:Residential Income,Rent Includes:1:Electricity,2:Gardener,Stories Total:2,Street Number:502 & 510,M I A M I R E_ Style:Fourplex,Public Remarks: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.,Structure Type:1:Fourplex,County Or Parish:Miami-Dade County,Expiration Date:2026-11-27,List Office Name:RE/MAX Advance Realty II,Standard Status:Active,Living Area Units:Square Feet,Major Change Type:New,Postal Code Plus4:2941,Property Sub Type:Quadruplex,State Or Province:FL,Street Dir Prefix:SW,Subdivision Name:CAROLINA HEIGHTS,Unparsed Address:502 & 510 SW 27th Ave, Miami FL 33135,Listing Agreement:Exclusive Right To Sell,Year Built Details:Resale,Building Area Total:3826,Building Area Units:Square Feet,Leasable Area Units:Square Feet,M I A M I R E_ Flood Zone:X,M I A M I R E_ L P Amt Sq Ft:1698.9022,Original List Price:6500000,Public Survey Range:41,Building Area Source:Owner,I D X Participation Y N:1,M I A M I R E_ N A R Rules Y N:1,Number Of Units Total:10,Syndication Remarks: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.,Listing Contract Date:2026-05-28,Originating System I D:miamire,Public Survey Section:4,Showing Instructions:24 Hour Notice,Street Number Numeric:502,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,M I A M I R E_ Current Price:6500000,Public Survey Township:41,M I A M I R E_ Municipal Code:1,M I A M I R E_ Total Mortgage:1200000,Originating System Name:Miami Association of REALTORS®,M I A M I R E_ Adjusted Area S F:2495,M I A M I R E_ Internet Remarks:Exceptional Mixed-Use Investment Opportunity in the Heart of Miami,M I A M I R E_ Parcel Number M L X:0510,M I A M I R E_ Separate Meter Y N:1,M I A M I R E_ Street View Param:1$25.76753$-80.239264$158.01$13.33$1.00$hlupV2TFmZA5fu9Drj5JVg,Contract Status Change Date:2026-05-28,Internet Address Display Y N:1,M I A M I R E_ Cable Available Y N:1,Number Of Units In Community:4,M I A M I R E_ Ok To Advertise List:No,M I A M I R E_ Subdivision Number:17,M I A M I R E_ Agent Alternate Phone:305-297-6223,Internet Entire Listing Display Y N:1,M I A M I R E_ Address Internet Display:502 & 510 SW 27th Ave,M I A M I R E_ R A T I O_ Current Price_ By_ S Q F T:1698.9,