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

About 502 & 510 SW 27th Ave, Miami, FL 33135

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 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.

How This Listing Compares in Miami

Per square foot, it is asking 279% above the Miami median for sales closed over the last twelve months — typical of premium views, newer construction or a top-tier building.

Medians from closed MLS sales in Miami; a starting point, not an appraisal.

Home Features at 502 & 510 SW 27th Ave, Miami, FL 33135

Flooring

Ceramic Floor, Vinyl

Heating

Central

Cooling

Central Air

Architectural Style

Detached

Pool Private

No

Year Built Details

Resale

The Building at 502 & 510 SW 27th Ave, Miami, FL 33135

Building Name

CAROLINA HEIGHTS

Building Area Total

3826

Building Area Units

Square Feet

Stories

2

Stories Total

2

Association

No

Lot, Views & Construction at 502 & 510 SW 27th Ave, Miami, FL 33135

Lot Features

Less Than 1/4 Acre Lot

Lot Size Square Feet

0

Waterfront

No

View

No

Construction Materials

Concrete Block Construction

Roof

Concrete, Flat Tile

Sewer

Public Sewer

Water Source

Municipal Water

New Construction

No

Taxes & Public Record for 502 & 510 SW 27th Ave, Miami, FL 33135

Parcel Number

01-41-04-017-0510

Tax Annual Amount

0

Tax Year

2,025

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

Zoning

6101

County Or Parish

Miami-Dade County

Map & Neighborhood