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

Miami, FL, 33135
$ 6,500,000
Bedrooms1 Baths1.0 Sq 3,826

Monthly Estimate*

$ 40,022

502 & 510 SW 27th Ave, Miami, FL 33135 - Image 1

Multi-Family Home for sale in Miami, FL

for $6,500,000 with 1 bedroom and 1 full bath. This 3,826 square foot home was built in 1940.

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.

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Multi-Family Active

Price

$ 6,500,000

Bedrooms

1

Full Bath

1

Property Type

Multi-Family

Taxes

$ 0

Style

Year Built

1940

Town/City

Miami

County/Region

Miami-Dade

MLS | Web ID

A12029566

Features
General
Sewer Public Sewer
Heating Central
Cooling Central Air
Utilities Cable Available
Possession Closing & Funding
Roof Concrete Flat Tile
Architectural Style Fourplex
Pool Features None
Construction Materials Block
Year Built 1940
Stories Count 2
Levels Two
Property Subtype Quadruplex
Tax Year 2025
County Miami-Dade
Property Type Residential Income
Subdivision Name CAROLINA HEIGHTS
Rent Includes Electricity Gardener Cable TV
Full Baths 1
Special Listing Conditions Listed As-Is
Status Active
City Miami
Zoning Description 6101
Number Of Units Total 2
MLS Area 41
Lot Size Units Square Feet
Listing Terms Cash Conventional
Year Built Details Resale
Tax Annual Amount 0
Standard Status Active
Occupancy Type Call Agent
Property Sub Type Additional Quadruplex
Legal Description CAROLINA HEIGHTS PB 11-61 LOT 22 LESS E5FT BLK 3 LOT SIZE 55.000 X 121 OR 17878-0517 1197 1
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Interior
Flooring Ceramic Tile Vinyl
Air Conditioning Y/N true
Heating Y/N true
Half Baths 0
Total Bedrooms 1
Total Baths 0
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Exterior
Lot Features < 1/4 Acre
Water Source Public
Total Parking 10
Building Area Total 3826
Waterfront Y/N false
Covered Spaces 0
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* Excluded Features
List By
Re/Max Advance Realty Ii

Broker

ari@teamfourcorners.com

Email

Affordability Calculator

$40,022
Per Month
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0%
0%
Monthly Principal & Interest
$40,022
Monthly Property Taxes
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Monthly Home Insurance
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Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
Date Price Price Change Description
6/2/2026 $6,500,000 Listed Price

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502 & 510 SW 27th Ave, Miami, FL, 33135 is a Multi-Family Home for sale at $6,500,000 with 3,826 sqft. 502 & 510 SW 27th Ave has 1 bedrooms, 1.0 baths, and was built in 1940. The property's zip code is 33135 which is in Miami, FL