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

$5,750,000
3,826
SqFt

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List Price
$5,750,000
Price Change
▼ $750,000 1786578863
MLS
A12029566
Complex Name
Carolina Heights
Status
ACTIVE
Type
Multifamily
Living Area
3,826

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

Days on Market
105
Style
Quadruplex, Fourplex
#Parking Spaces
10
Year Built
1940
Development Name
Carolina Heights
#Stories
2
Construction Type
Concrete Block Construction
Section
4

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Calculator source: Real Geeks

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