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.
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.
Property Details
Price:
$6,500,000
MLS #:
A12029566
Status:
Active
Beds:
0
Baths:
0
Type:
Multi Family
Subtype:
Quadruplex
Subdivision:
CAROLINA HEIGHTS
Neighborhood:
carolinaheights
Listed Date:
May 28, 2026
Finished Sq Ft:
3,826
Total Sq Ft:
3,826
Year Built:
1940
Units:
10
See this Listing
Schools
Interior
Cooling
Central Air
Flooring
Ceramic Floor, Vinyl
Heating
Central
Exterior
Architectural Style
Detached
Construction Materials
Concrete Block Construction
Lot Features
Less Than 1/4 Acre Lot
Parking Spots
10
Parking Total
10
Roof
Concrete, Flat Tile
Stories
2
Financial
Tax Year
2025
Map
Community
- Address502 & 510 SW 27th Ave Miami FL
- SubdivisionCAROLINA HEIGHTS
- CityMiami
- CountyMiami-Dade County
- Zip Code33135
Subdivisions in Miami
- 11 54 39 152.93 AC M/L NE1/4 OF SEC INCLUDING TR 2
- 159 NE 6TH STREET CONDO
- 17TH AVE MANOR
- 1800 CLUB CONDO
- 7TH ADDN TO RICHMOND HEIG
- 801 SMA RESIDENCES CONDO
- BAY HOUSE MIAMI
- BAY RIDGE AMD
- COMFORT GARDENS
- DELVISTA TOWERS CONDO
- EMERALD POINT SUB
- FAIRWAY PLAZA
- GREENVILLE MANOR PB
- HIALEAH HEIGHTS AMD
- JADE WINDS GROUP BAMBOO GARDENS CONDO
- JENKINS ADDN TO LIBERTY CITY
- LA PALOMA
- MAJORCA ISLES III CONDO
- MILON VENTURE
- NORTH DADE COUNTRY CLUB VILLAG
- RALPH PLAZA II CONDO
- RANDALL PARK
- ROLLING GREEN CONDO
- ROYAL GLEN
- SIERRA
- SWEETWATER ESTATES SUB
- TAMIAMI TECH CENTER CONDO
- THE BLUE A RESORT HOTEL CONDO
- TURNBERRY VILLAGE SO TOWER CONDO
- VIA VENTURA NBRHD 3
- VISTA LAGO
- WEST MIAMI SHORES SEC B
- WESTCHESTER PT 01
Market Summary
Current real estate data for Multi Family in Miami as of Jun 14, 2026
511
Multi Family Listed
157
Avg DOM
467
Avg $ / SqFt
$1,130,566
Avg List Price
Property Summary
- Located in the CAROLINA HEIGHTS subdivision, 502 & 510 SW 27th Ave Miami FL is a Multi Family for sale in Miami, FL, 33135. It is listed for $6,500,000 To schedule a showing of MLS#a12029566 at 502 & 510 SW 27th Ave in Miami, FL, contact your CENTURY 21 Carioti agent at 800-783-8847.
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