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

$6,500,000
3,826
SqFt

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List Price
$6,500,000
MLS#
A12029566
Sq. Ft
3,826
Subtype
Quadruplex
County
Miami-Dade
Community
Carolina Heights
Subdivision
Carolina Heights
Year Built
1940

Property 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 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.

Additional Information

Status Label
ACTIVE
Total Unitsin Complex
4
Construction
Concrete Block Construction
Cooling
Central Air
Flooring
Ceramic Floor, Vinyl
Heating
Central
Lot Description
Less Than 1/4 Acre Lot
Roof
Concrete, Flat Tile
Total Floors
2
Stories
2
Roofing
Concrete, Flat Tile
Price Per Sqft
$1,698

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Listing Courtesy Of RE/MAX Advance Realty II, Contact: 305-297-6223