Quadruplex

502 & 510 SW 27th Ave

502 & 510 SW 27th Ave, Miami FL 33135

$5,750,000

For Sale

Price cut: $750,000 (−11.5%)

3,826 SqFt

See estimated monthly cost

This listing is courtesy of RE/MAX Advance Realty II. Haraum Mellado 305-297-6223

Overview

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.

Facts & features

Interior

Living area (sq ft): 3,826

Building & exterior

Year built: 1940

Taxes

Annual tax: $0
Tax year: 2025
Parcel number: 01-41-04-017-0510

Listing

MLS number: A12029566
Property type: Quadruplex
Price per SqFt: $1,503
Subdivision: CAROLINA HEIGHTS
On market since: May 28, 2026
Days on market: 76

Price history

Date	Event	Price	Change
May 28, 2026	Listed	$6,500,000	—
Aug 12, 2026	Price change	$5,750,000	−$750,000 (−11.5%)

Milestones recorded on this listing. Not a complete MLS price history.

Estimated monthly cost

$33,388 per month

Down payment (%)

Interest rate (%)

Principal & interest (30 yr): $29,075
Property tax: $0
Insurance (estimated): $4,313

An estimate for comparison only — not a loan offer, a quote, or a commitment to lend. Actual taxes, insurance and financing terms will differ.

Location

Show nearby schools

See this area on the search map

Nearby schools

Sunflowers Academy Private · PK-08 · 0.15 mi
Lincoln-Marti Community Agency 27-8 Private · PK-07 · 0.18 mi
BridgePrep Academy Interamerican Charter · K-8 · 0.19 mi
St Matthew''s Lutheran School Private · PK-08 · 0.19 mi
Montealegre Senior High School Private · 10-12 · 0.20 mi
International Studies Charter High School Charter · 9-12 · 0.24 mi
International Studies CMS Charter · 6-8 · 0.24 mi
International Studies Virtual Academy Charter · 6-12 · 0.24 mi
Lincoln-Marti Community Agency 27 Private · PK-KG · 0.30 mi
Miami Senior Adult Education Public · 0 · 0.31 mi
Miami Senior High Public · 9-12 · 0.31 mi
Lincoln-Marti Community Agency 23 Private · PK-12 · 0.45 mi
Former Region Office/Warehouse Public · 0 · 0.51 mi
Lincoln-Marti Schools - 22nd Ave Private · 05-K · 0.52 mi
Auburndale Elementary Public · PK-5 · 0.56 mi

Copyright SEFMLS © 2026. 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, is a violation of the terms of use, and may violate federal and state law.

Request a tour