Mixed-Use Income Property with
502 Southwest 27th Avenue Miami, FL 33135
502 Southwest 27th Avenue, Miami, FL, 33135
$6,500,000
For Sale
$6,500,000
Turnkey mixed-use building combining ground-floor medical office space with fully updated residential units above and around it.
Property Size3,826 SF
Price / SF$1,698
Days on Market74
Property Features for 502 Southwest 27th Avenue
General Information
- Standard status
- Active
- Size
- 3,826 SF
- Property subtype
- Multi-Family Income / Fourplex
Building Details
- Year Built
- 1940
Listing agency
RE/MAX Advance Realty II
(305) 297-6223
Listed by
Haraum Mellado · License #3355465
(305) 297-6223
Source
Compass
Added: May 10 Updated: Jul 10 at 1:51PM Checked: Jul 21 at 8:17AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of RE/MAX Advance Realty II
Investment Insights
Based on property information with market context.
This fully remodeled mixed-use property includes ground-floor medical office space along with multiple residential units. The residential component totals eight units across a combination of two renovated 1-bedroom/1-bath apartments located above the medical office, one renovated fourplex consisting of four 1-bedroom/1-bath units, and one renovated duplex with two 1-bedroom/1-bath units. Updates are described as throughout the units, supporting a ready-to-operate setup for a buyer seeking minimal immediate capital expenditures.
The property is located in Miami between Little Havana and Coconut Grove, with access described as minutes from Coconut Grove and Brickell and within walking distance to the Little Havana area. The listing also notes proximity to restaurants, shopping, entertainment, public transportation, and major employment centers.
For tenants and operators, the configuration provides a direct medical-office placement at street level with residential living above and in separate structures on the property, offering a straightforward mixed-use environment. For buyers, the composition of commercial medical office space plus residential units provides multiple income streams within a single remodeled asset.
The property is located in Miami between Little Havana and Coconut Grove, with access described as minutes from Coconut Grove and Brickell and within walking distance to the Little Havana area. The listing also notes proximity to restaurants, shopping, entertainment, public transportation, and major employment centers.
For tenants and operators, the configuration provides a direct medical-office placement at street level with residential living above and in separate structures on the property, offering a straightforward mixed-use environment. For buyers, the composition of commercial medical office space plus residential units provides multiple income streams within a single remodeled asset.
Key Highlights
- 1940‑built mixed‑use property with ground‑floor medical office plus 8 residential units.
- Ground‑floor medical office provides commercial tenancy along with the residential rental units.
- Two renovated 1‑bedroom/1‑bath apartments located above the medical office.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Medical Office Space
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FAQs
What type of property is this?
Medical Office Space - Turnkey mixed-use building combining ground-floor medical office space with fully updated residential units above and around it.
Where is this medical office space located?
The property is located at 502 Southwest 27th Avenue Miami, FL.
What is the asking price?
The asking price for this property is $6,500,000.
What are key features of this property?
This property features: 1940‑built mixed‑use property with ground‑floor medical office plus 8 residential units.; Ground‑floor medical office provides commercial tenancy along with the residential rental units.; Two renovated 1‑bedroom/1‑bath apartments located above the medical office.
