Quadruplex in 502 SW & 510 27th Avenue, Miami, FL 33135 for sale with MLS# A12029566

Exceptional Mixed-Use Investment Opportunity in the Heart of MiamiRare 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 2-Bedroom/2-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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Days on the market

502 SW & 510 27th Avenue, Miami, FL 33135

Price
Price:
$5,750,000.00
Original List Price:
$6,500,000.00
List Price per Sq Ft (Calculated, Approx.):
$1,502.87
Property Status and Type
Listing Type:
For Sale
Status:
Active
Listing Category:
Residential Income (Multifamily 2-4)
Property Type:
Fourplex (Quadruplex)
Description of Last Important Update:
Price Reduced
Last Major Update on:
August 12, 2026 7:43 pm
Measures
Living Area:
3,826 Sqft
Built-Up Area:
3,826 Sqft
Property Features
Waterfront:
No
Air Conditioning
Air Conditioning System:
Central Air
Heating
Heating System:
Central, Separate Meters
Construction
Year Built:
1940
Roof:
Concrete, Flat, Tile
Number of Units Total:
4
Levels:
Two
Construction Materials:
Block
Flooring:
Vinyl, Ceramic Tile
Number of stories:
2
Structure Type:
Multi Family
Number of Units in the Community or Building:
4
Flood Zone Code:
X
Property Condition:
Resale
Taxes and Expenses
Tax Year:
2025
Property Tax Details:
Tax Reflects No Exemptions
Utilities
Sewer:
Public Sewer
Utilities Available:
Cable Available
Water Source:
Public
Community
Subdivision Name:
CAROLINA HEIGHTS
Senior Community:
No
Terms
Documents Available:
Copy Of Lease(s)
Listing Terms Considered by Seller:
Cash, Conventional
Buyer Possession:
Negotiable
Zoning and Legal
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
Real Estate Folio Number (Parcel Number):
0141040170510
Zoning:
6101
Public Schools Assigned
Elementary School:
Auburndale
High School:
Miami
Middle Or Junior School:
Citrus Grove
Listing History
Active on the market since:
May 28, 2026
Listing Agreement executed on:
May 28, 2026
Price change occurred on:
August 12, 2026 7:43 pm
Listing Status Last Changed On:
May 28, 2026 4:00 am
Photos updated on:
August 12, 2026 6:48 pm
Last Modified:
August 12, 2026 6:48 pm
Additional Information
Courtesy of:
RE/MAX Advance Realty II
Attribution:
Not provided
Location
Street Name:
& 510 27th
Street Number:
502
City:
Miami
State:
Florida
Zip Code:
33135
County:
Miami-Dade
Latitude:
N25° 46' 2.6''
Longitude:
W81° 45' 38.7''
Street Suffix:
Avenue
Street Direction Prefix:
SW
Property Map

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Neighborhood Stats

Source: U.S. Census Bureau, ACS 5-Year Estimates

Median Household Income $37,757
Median Home Value $396,700
Median Rent $1,315/mo
Median Age 44
Population 35,053
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Association of REALTORS®
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