For sale
Photo 1 of 4$5,750,000
Price reduced502 & 510 SW 27th Ave, Miami FL 33135
3,826 sq ftBuilt 1940MLS# A12029566
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About this property
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.
Property details
- Property type
- Multi-family
- Year built
- 1940
- Living area
- 3,826 sq ft
- Price per sq ft
- $1,503
- Property taxes
- /yr
- Parking
- 10 spaces
- Floors in building
- 5
- Building / community
- Carolina Heights
- Status
- Price reduced
- MLS #
- A12029566
