502 & 510 27th Avenue, Miami, FL 33135

$5,750,000 — Active

Property Features

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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.

▼ Price Reduced — originally listed at $6,500,000

Property Details

  • Listing ID: A12029566
  • Status: Active
  • Listing Date: 2026-05-28
  • Property Type: Quadruplex
  • Subdivision: CAROLINA HEIGHTS
  • County: Miami-Dade
  • MLS Area: 2410
  • Bedrooms: 0
  • Full Bathrooms: 0
  • Living Area Sq Ft: 3,826
  • Year Built: 1940

Financial

  • List Price: $5,750,000
  • Original List Price: $6,500,000
  • HOA Fee: None
  • Taxes: N/A

Features & Amenities

  • Cooling: Central Air
  • Heating: Central, Separate Meters
  • Flooring: Ceramic Tile, Vinyl
  • Construction: Block
  • Roof: Concrete, Flat, Tile

Courtesy of RE/MAX Advance Realty II
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© 2026 Starfish Real Estate. Listing data is derived from the Broker Reciprocity Program of the Realtor Association of Indian River County (RAIRC) and BeachsMLS. Properties listed by brokers other than Starfish Real Estate are identified with the applicable MLS logo and include the listing broker's name. Not all properties available through either MLS may be displayed. All MLS data is the copyrighted property of the respective MLS and its participants. Data is deemed reliable but is not guaranteed accurate and should be independently verified prior to entering into any transaction.