No photos available
Offered at
$1,749,999
500 SW 8th Avenue, Miami, FL 33130
- 12
- Beds
- 6
- Full Baths
- 4,608
- Sq.Ft.
Listing courtesy of Joey Fumero-Manso, Sellstate 5 Star Realty
Property Description
TURNKEY MULTIFAMILY IN LITTLE HAVANA – 6.58% CAP RATE! a premium income asset features 2 detached buildings with a uniform mix of six fully renovated 2BR/1BA units. Operating with a lean 31.83% expense ratio, the property yields a strong $115,144.50 NOI at a $1,750,000 purchase price. Over $200k in recent capital upgrades eliminates near-term CapEx: full interior renovations (2022), new permitted roofs (2024), new exterior stucco/paint (2024), roof-mounted mini-split HVACs (2024), plumbing updates, and independent full electrical upgrades including new main service entries and meter boxes (2025/2026). BUYER PEACE OF MIND: City of Miami 40 & 50-year structural recertifications are fully approved and finalized. Unmatched location stability blocks from Brickell, Downtown, and the Health District. Perfect for 1031 exchange or private portfolio growth. Move immediately into optimized, stable cash flow from day one
Overview
At a glance
- Property Type
- Residential
- Property Sub-Type
- Single Family Residence
- Address
- 500 SW 8th Avenue, Miami, FL 33130
- Zoning
- 3901
- MLS ID
- A12004679
- Listing Date
- 2026-04-20
- Last Updated
- 7/10/2026, 4:42:19 PM
- Days on Market
- 84
- Subdivision
- HORNERS ADDN
Features & Amenities
The Details
Interior
- Bedrooms
- 12
- Full Bathrooms
- 6
- Half Bathrooms
- 0
- Flooring
- Vinyl
Exterior
- Construction
- Frame, Stucco
- Exterior Features
- None, Balcony
- Garage Spaces
- 0
- Water Source
- Public
- Sewer
- Public Sewer
- Cooling
- Central Air
- Heating
- Central
- Security
- Fire Alarm
Details
- Building Area
- 4,608 sq.ft.
- Lot Size
- 5,800 sq.ft.
- Lot Size (Acres)
- 0.13 acres
- Subdivision
- HORNERS ADDN
- Architectural Style
- Other
- Stories
- 2
- Year Built
- 1925
- Direction Faces
- Southwest
- County
- Miami-Dade
- Zoning
- 3901
Financial
- List Price
- $1,749,999
- Original List Price
- $1,899,999
- Annual Tax
- $24,355/yr
- Tax Year
- 2025
Location
Inquire
Request a Private Showing
Similar Properties
Information & Accuracy
All information provided on this page is deemed reliable but is not guaranteed. Square footage, lot size, room dimensions, year built, taxes, and HOA figures are sourced from the MLS, the seller, or public records, and Aquantis Realty makes no representation or warranty as to their accuracy. All measurements and material facts should be independently verified by the buyer.