CAROLINA HEIGHTS
502 & 510 SW 27th Ave, Miami FL 33135
3,826 ft²
$6,500,000
Est. Payment $34,596/mo
3,826
Sq. Ft.
1940
Year Built
2
Stories
6
Days on Market
Description
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.
Facts
- MLS#
- A12029566
- Subdivision
- CAROLINA HEIGHTS
- Property Type
- Residential Income
- Property Sub Type
- Quadruplex
- Year Built
- 1940
- Lot Size
- 0 sqft
- Sq. Ft.
- 3,826 ft²
- Sq. Mt.
- 355 m²
- Price per sq. ft.
- $1,699/ft²
- Price per sq. mt.
- $18,310/m²
- Stories
- 2
- Garage
- —
- Pool
- —
- Days on Market
- 6 days
- Listed
- May 28, 2026
- Last Updated
- Jun 3, 2026
- Price/Lot Sq.Ft.
- —
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
June 2026
39
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).
| 5/28/2026 | Listed for sale | $6,500,000 |
History reflects fields present on the live MLS record. Full multi-year history requires the MIAMI ListingHistory resource (not yet enabled).
Estimated Monthly Payment
$40,162/mo
Principal & Interest
$34,596
Property Tax
$5,417
Insurance
$150
HOA
$0
Estimates only. Actual payment depends on credit, lender, insurance carrier, and FL/Miami-Dade specifics. Contact Rangely for a precise quote.
The data relating to real estate for sale on this website comes in part from the Southeast Florida Multiple Listing Service. MLS Data is deemed reliable, but is not guaranteed accurate by MIAMI REALTORS®.
Accuracy of listing information is not guaranteed. Listing information is provided for personal consumer, non-commercial use, solely to identify potential properties for potential purchase. All other use is strictly prohibited and may be a violation of federal and state law.
Copyright Southeast Florida MLS a/k/a SEFMLS © 2026.
Updated 6 hours ago
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