CAROLINA HEIGHTS

502 SW 27th Ave, Miami FL 33135

Closed

$2,590,000

5.82%

Est. Payment $13,785/mo

MLS Sheet Video

167

Days on Market

Description

Location! Location! Tremendous Potential for Developer or End-User for Income Property! Rebuild, Expand or Update. Corner Lot 17,955 Sq Ft with 116 Ft Frontage on Major Road. Consisting of 3 Folios of 3 Lots and 4 Existing Buildings. Folios#1 and #2-Zoned T5-O-High-Density Mixed-Use Building Type, up to 6 Floors High, Accommodating Retail and Office Uses with Apartments. Folio#3-T3-O-Low-Density Single-Family Residential Dwelling Areas, with Some Mix of Uses, Home Occupations, and Outbuildings. T3-Open, with Potential to Request T3 to Rezone to T4-T6 Per City of Miami. Lots Sold as Land Value with 3 Folios Together Only. Located on Major Road SW 27Th Ave (SR 9) 3 Blocks from Little Havana, next to Miami-Dade College, near Brickell/ Downtown/Coral Gables/ Coconut Grove/ Major Highways.

Facts

MLS#
A11111085
Subdivision
CAROLINA HEIGHTS
Property Type
Commercial Land
Property Sub Type
Year Built
Lot Size
17,947 ft²
Sq. Ft.
Sq. Mt.
Price per sq. ft.
Price per sq. mt.
Stories
Garage
Pool
Days on Market
167 days
Listed
Oct 16, 2021
Last Updated
Jun 9, 2022
Price/Lot Sq.Ft.
$144/ft²

Comparable homes

Same ZIP, similar price + bedrooms.

Market insights for Miami

Live MLS-derived activity. Forecast is a conservative rule-of-thumb estimate — not a guarantee.

Sellers market

September 2026

100/100
Buyers marketSellers market

31

Median days to sold

+4.5%

1-year price forecast (est.)

Price & tax history

From the live MIAMI MLS feed. Older history requires the ListingHistory resource (not yet enabled).

6/9/2022Sold$2,590,000
3/10/2022Price change$2,590,000-5.8%
10/16/2021Listed for sale$2,750,000

History reflects fields present on the live MLS record. Full multi-year history requires the MIAMI ListingHistory resource (not yet enabled).

Location

502 SW 27th Ave, Miami FL 33135Directions

Estimated Monthly Payment

$16,093/mo

Principal & Interest

$13,785

Property Tax

$2,158

Insurance

$150

HOA

$0

20% ($518,000)
7.00%
30 years
1.00% (FL avg ~1.0%)
$0/mo
$150/mo

Estimates only. Actual payment depends on credit, lender, insurance carrier, and FL/Miami-Dade specifics. Contact Rangely for a precise quote.

Rangely Adames

Rangely Adames

Sales Associate | Sunland Group

Hablo Español

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