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About This Home
This 4-bedroom, 4-bathroom multi-family at 502 & 510 SW 27th Ave in Miami, FL is listed for $6,500,000 ($1,699 per sqft). Built in 1940, the home offers 3,826 sqft of living space on a N/A 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.
Key Features
- Built in 1940
- 10 parking spaces
Property Details
Monthly Cost Estimate
$34,763/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
502 & 510 SW 27th Ave
Miami, FL 33135
Carolina Heights
Property Details
Flooring
Construction
Heating
Cooling
Questions & Answers
This 4-bedroom, 4-bathroom multi-family at 502 & 510 SW 27th Ave is listed at $6,500,000 ($1,699/sqft). The estimated monthly payment is $28,167 based on 20% down at 6.5% interest.
Key features include: Built in 1940, 10 parking spaces.
This property is listed by Haraum Mellado and can be reached at 3052976223 or ari@teamfourcorners.com.






