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Mixed-Use Property with Medical Office
For Sale
$5,750,000

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

Residential Income, Miami, FL

Property Size3,826 SF
Price / SF$1,502
Days on Market49

Property Features for 502 & 510 SW 27th Ave

General Information

Property type Residential Multi Family
Property subtype Quadruplex
Zoning description 6101
Bedrooms 6
Full bathrooms 6
Rooms Bathroom 1, Bathroom 4, Bedroom 3, Bedroom 4, Bathroom 6, Bedroom 1, Bedroom 6, Bathroom 5, Bathroom 3, Bedroom 5, Bathroom 2, Bedroom 2
Parking 10
Subdivision CAROLINA HEIGHTS
Lot features < 1/4 Acre
Standard status Active
APN 01-41-04-017-0510
Size 3,826 SF

Taxes and HOA fees

Tax Year 2025
Tax Description CAROLINA HEIGHTS PB 11-61 LOT 22 LESS E5FT BLK 3 LOT SIZE 55.000 X 121 OR 17878-0517 1197 1
Legal Description CAROLINA HEIGHTS PB 11-61 LOT 22 LESS E5FT BLK 3 LOT SIZE 55.000 X 121 OR 17878-0517 1197 1

Utilities

Utilities Cable Available
Sewer type Public Sewer
Heating system Central
Cooling system Central Air
Water source Public

Building Details

Year built 1940
Floors in Building 2
Flooring type Vinyl, Tile - Ceramic
Building materials Block
Roof type Tile, Concrete, Flat
Architectural style Other
Listing Agency: RE/MAX Advance Realty II · RE/MAX International
Listed By: Haraum Mellado · License #3355465
Added: Jul 18 Changed: Sep 2 Last Checked: Sep 4 at 9:06AM
MLS# A12029566

Copyright © 2026 Miami REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This 3,826-square-foot mixed-use property combines ground-floor medical office space with eight residential units. The residential component includes two renovated two-bedroom, two-bath apartments, a four-unit building with remodeled one-bedroom, one-bath apartments, and a remodeled duplex containing two one-bedroom, one-bath units. Updates to the apartments support immediate occupancy without the need for broad near-term renovations.

Located at 502 & 510 SW 27th Ave in Miami, the property is near Little Havana and minutes from Coconut Grove and Brickell. Restaurants, shopping, entertainment, major employment centers, and public transportation are identified in the surrounding area. The building dates to 1940 and features block construction, central heating, central air, public water, and public sewer.

Key Highlights

  • 3,826‑square‑foot mixed‑use property with medical office space and eight residential units
  • Two renovated 2‑bedroom/2‑bath apartments above the medical office
  • Four remodeled 1‑bedroom/1‑bath units in a separate fourplex

Property Analytics

Current Use

Quadplexes

Suggested Use

Top Pick Real Estate Agency Parking Lot & Garage Electrical Service Carpet & Flooring Store Bar & Pub Butcher

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

1
Office units
8
Residential units

Location Intelligence

Trade Area within ½ mile

2,489
Businesses Nearby

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 Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Remodeled commercial and residential configuration includes eight apartments alongside ground-floor medical office space.
Where is this mixed-use property located?
The property is located at 502 & 510 SW 27th Ave Miami, FL.
What is the asking price?
The asking price for this property is $5,750,000.
What are key features of this property?
This property features: 3,826‑square‑foot mixed‑use property with medical office space and eight residential units; Two renovated 2‑bedroom/2‑bath apartments above the medical office; Four remodeled 1‑bedroom/1‑bath units in a separate fourplex
More about this property
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