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$1,475,000 Sale Pending
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Property Description
Prime 4-Unit Investment Opportunity in Little Havana Unlock the potential of this well-located fourplex in the heart of Little Havana, just minutes from Downtown Miami, Brickell, and the Miami River District. Each of the four units is currently rented at $1,750/month, significantly below market value. With strong rental demand in this thriving neighborhood, units can easily be brought up to market rents of approximately $2,500/month, offering immediate upside and strong cash-flow potential.
Full Property Details
Full Property Details for 502 SW 13th Ave
General
- Price: $1,475,000
- Taxes: $11,787 (2024)
- Status: Pending
- Type: Multi-Family
- Source: Greater_Miami
- MLS ID: A11866977
- Updated: 1/15/2026
- Added to Site: 142 day(s) ago
Rental Information
- Rent Includes: Sewer
Interior
- Flooring: Terrazzo
Exterior
- Exterior Features: Balcony, Open Balcony
- Deck/Patio: Open Balcony, Open Porch
Parking
- Total Spaces: 4
Location
- Area: Lawrence Estates Land Cos
- County: Miami-Dade County
- Subdivision: LAWRENCE ESTATES LAND COS
- Building Name: LAWRENCE ESTATES LAND COS
Community
- Community Name: Lawrence Estates Land Cos
- Units Assoc/Comm: 4
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Central Air
- Heating Type: Central
Utilities
- Sewer: Public Sewer
- Water: Municipal Water
Structural Information
- Architectural Style: Detached
- Structure Type: Quadruplex, Fourplex
- Detached/Attached: Detached
- Construction: CBS Construction
- Roof: Composition Roll
- Windows: Blinds
- Stories/Levels: 2
- Building Size: 3264
- Square Feet: 3,264
- Living Area: 3,264 Sq. Ft.
- Year Built: 1974
Unit Information
- Units in Complex: 4
Lot Features
- Lot Features: 1/4 To Less Than 1/2 Acre Lot
- Zoning: 3901
- Fencing (Description): Fenced
Financial Considerations
- Price Per Sq. Ft.: $451.9
- Tax Amount: $11,787
- Tax Year: 2024
- Terms: All Cash, Conventional, FHA
Disclosures and Reports
- Documents Avail.: Deposit Held, Deposit - Last Months Rent
- Legal Description: LAWRENCE ESTATE LAND COS SUB PB 2-46 N50FT OF LOTS 1 & 2 BLK 97 LOT SIZE 50.000 X 100 OR 19407-3346 1200 1
- Property ID: 01-41-02-006-5250
Listed by RE/MAX Advance Realty II
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Schools
Schools serving 502 SW 13th Ave
School District:Dade County School District
| Name | Grades | Distance |
|---|---|---|
Riverside Elementary Community School 1190 Southwest 2nd Street, Miami, FL 33130 | PK-5 | 0.2 mi |
Jose De Diego Middle School 3100 Northwest 5th Avenue, Miami, FL 33127 | 6-8 | 2.7 mi |
Booker T. Washington Senior High School 1200 Northwest 6th Avenue, Miami, FL 33136 | 9-12 | 1.4 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 502 SW 13th Ave
Date
Details
Price
Change
Source
10/27/2025
Price Reduced
$1,475,000
-6.35%
MLS
8/28/2025
Listed
$1,575,000
708.11%
MLS
12/13/2000
Sold
$194,900
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 502 SW 13th Ave
Year
Property Taxes
Change
Tax Assessment
Change
2024
$11,510
5%
$759,472
3%
2023
$10,912
36%
$736,185
82%
2021
$8,049
-13%
$403,847
-29%
2022
$9,209
9%
$571,227
60%
2021
$8,415
13%
$356,594
2%
2019
$7,464
10%
$348,223
10%
2018
$6,771
6%
$316,567
-5%
2017
$6,411
10%
$332,753
27%
2016
$5,831
10%
$261,627
10%
2015
$5,313
8%
$237,843
10%
2014
$4,921
11%
$216,221
10%
2013
$4,452
—
$196,565
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 502 SW 13th Ave
502 SW 13th Ave, Miami, FL 33135 (MLS# A11866977) is a Multi-Family property with 4 units containing 0 bedrooms and 0 full bathrooms. 502 SW 13th Ave is currently listed for $1,475,000 and was received on August 28, 2025. Want to learn more about 502 SW 13th Ave? Do you have questions about finding other Multi-Family real estate for sale in Miami? You can browse all Miami real estate or contact a Coldwell Banker agent to request more information.

