Mixed-Use Income Property with
For Sale
$6,500,000
502 Southwest 27th Avenue, Miami, FL 33135
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 Market84
Property Features for 502 Southwest 27th Avenue
General Information
Standard status
Active
Size
3,826 SF
Property subtype
Multi-Family Income / Fourplex
Units
Multifamily Units
8
Office Units
1
Additional Details
Business Included
Yes
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
Changed: Jul 10
Last Checked: Jul 31 at 12:05PM
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
Current Use
Lease Details
1
Office units
8
Residential units
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
2,489
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 33135, FL
36,232
Population
15,922
Households
2.3
Avg Household Size
44
Median Age
21%
College-Educated
70%
High-School Grad
2.1 sq mi
ZIP Area
17,253
Density / Sq Mi
$37,757
Median Household Income
$28,850
Median Earnings
$1,315
Median Rent
$396,700
Median Home Value
Market
Vacancy Rate% for Office in Miami, FL
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- Parajon Animal Clinic — 2751 SW 8th St, Miami, FL 33135
- TLC Animal Clinic I — 2200 SW 16th St Suite 222, Miami, FL 33145
- Vet Allergy Care LLC — 330 SW 27th Ave, Miami, FL 33135
- Miami Pet Clinic — 2485 W Flagler St # 3, Miami, FL 33135
Frequently Asked Questions
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.
