Carolina Heights Multifamily Homes For Sale

Mid-Tier
Ultra LuxuryAbove $1,000 per SqFt
High-End$650 - $1,000 per SqFt
Mid-Tier$400 - $650 per SqFt
Premium$300 - $400 per SqFt
Entry-LevelBelow $300 per SqFt
Reviews (
)
Market Action
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Shows who has more leverage in the market
0–30 favors buyers
30–100 favors sellers
Selling Speed
4.25
Slow
Shows how quickly homes are being absorbed by buyers
20%+ Fast
8–19.9% Steady
Below 8% Slow
Inventory Supply
23.53
High
Shows how many months it would take to sell current inventory
0–3 Low
3–6 Balanced
6+ High
Sales Activity
Updating
Awaiting sufficient data
Shows how often homes are selling in this community
2+/mo Active
0.75–1.99/mo Steady
Below 0.75/mo Quiet
Rating
Loading
Community rating based on resident and buyer reviews
4.5+ Excellent
4.0–4.49 Good
3.0–3.99 Average
Below 3.0 Below Average
Results 4 of 4
Carolina Heights, 2900 SW 4th St, Miami, Florida 33135, image 1
Carolina Heights, 2900 SW 4th St, Miami, Florida 33135, image 2
$975,000
  • 1,897 SqFt
  • $514/SqFt
Mid-Tier
Multifamily for sale in Carolina Heights
2900 SW 4th St, Miami, FL 33135
A rare opportunity to own a hassle-free, income-producing multifamily property that is already doing exactly what investors want, cash flowing from day one with $6, 450 in current monthly income. Fully remodeled throughout, this turnkey asset removes the usual headaches of ownership. Updated kitchens, modern finishes, new flooring, impact windows and doors, and a new roof allow for immediate income without the need for renovations or capital improvements. Simply step into ownership and collect. The property offers a strong in-place cap rate of approximately 5.9%, with a low expense profile and minimal ongoing maintenance. Two of the units include in-unit washer and dryer, adding convenience and tenant appeal, while ample on-site parking enhances functionality and long-term desirability. Centrally located near miami dade college and little havana, the property benefits from consistent rental demand, accessibility, and long-term growth potential, all at an attractive price point under $1m. An ideal investment for those seeking stability, simplicity, and immediate returns in one of miami’s most dynamic rental markets.
Carolina Heights, 2939 SW 5th St, Miami, Florida 33135, image 1
Carolina Heights, 2939 SW 5th St, Miami, Florida 33135, image 2
Carolina Heights, 2939 SW 5th St, Miami, Florida 33135, image 3
$1,000,000
  • 4 Beds
  • 3 Baths
  • 1,555 SqFt
  • $643/SqFt
Mid-Tier
House for sale in Carolina Heights
2939 SW 5th St, Miami, FL 33135
Located on an oversized 10, 023 sf corner lot in little havana, this t3-o zoned property offers outstanding flexibility for both investors and developers. Miami 21 zoning permits single-family, duplex, and accessory dwelling unit (adu) uses, while the surrounding mix of higher-density and multi-family developments encourages buyers to explore future rezoning potential. The existing property features a 3-bedroom, 2-bathroom main residence plus a 1-bedroom, 1-bathroom apartment, offering approximately 1, 555 sf of living area (1, 617 sf total). The flexible layout provides the option to generate rental income or occupy the property while planning its next chapter. A fenced yard, concrete patio, and expansive lot further enhance its versatility. Just minutes from calle ocho, coral gables, downtown miami, brickell, and sr-836, this central location places dining, shopping, entertainment, and major commuter routes all within easy reach.
Carolina Heights, 502 SW 27th Ave, Miami, Florida 33135, image 1
Carolina Heights, 502 SW 27th Ave, Miami, Florida 33135, image 2
$6,500,000
  • 3,826 SqFt
  • $1,699/SqFt
Mid-Tier
Multifamily for sale in Carolina Heights
502 SW 27th Ave, Miami, FL 33135
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.
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Carolina Heights, 2939 SW 5th St, Miami, Florida 33135, image 1
Carolina Heights, 2939 SW 5th St, Miami, Florida 33135, image 2
Carolina Heights, 2939 SW 5th St, Miami, Florida 33135, image 3
$1,000,000
  • 0.23 Acres
  • $4,347,826/Acre
Mid-Tier
Land for sale in Carolina Heights
2939 SW 5th St, Miami, FL 33135
Located on an oversized 10, 023 sf corner lot in little havana, this t3-o zoned property presents a compelling land opportunity in one of miami's rapidly evolving neighborhoods. Miami 21 zoning permits single-family, duplex, and accessory dwelling unit (adu) development, while the surrounding mix of higher-density and multi-family projects encourages buyers to explore future rezoning potential. The expansive corner parcel offers exceptional flexibility for redevelopment, investment, or the creation of a custom residential project. The existing property includes a 3-bedroom, 2-bathroom main residence plus a 1-bedroom, 1-bathroom apartment, providing approximately 1, 555 sf of living area (1, 617 sf total). The improvements offer the flexibility to generate rental income or occupy the property while future plans are developed. Just minutes from calle ocho, coral gables, downtown miami, brickell, and sr-836, the location combines outstanding accessibility with long-term growth potential.

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Subdivision Amenities

Controlled Access
None

Nearby Subdivisions

Entry-Level
0.09 miles
Premium
0.16 miles
For Sale (4)
$590K - $997K
For Rent (1)
$3K - $3K
Entry-Level
0.20 miles
Entry-Level
0.21 miles
Mid-Tier
0.22 miles
For Sale (3)
$699K - $1.1M
For Rent (1)
$2K - $2K

Schools

Scores

Walk Score®
Very Walkable. Most errands can be accomplished on foot
81

100
Transit Score®
Good Transit. Many nearby public transportation options
53

100
Bike Score®
Bikeable. Some bike infrastructure
52

100
Sound Score®
Very loud
66

100
Airport Score
Close to airports. Noticeable airport activity
4

100
Traffic Score
Congested area. Frequent traffic delays
40

100
Local Score
Limited local amenities nearby
4

100

Miami
Mid-Tier
Mid-Tier Homes & Condos

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