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500 SW 8th AVE, Miami, Florida 33130

Active For Sale
$1,849,000
  • Beds 12
  • Baths 6
  • Sq Ft 4,608 Sqft
  • Visits: 11 in 27 days

Description

PRIME LITTLE HAVANA CASH FLOW – STABILIZED 6-UNIT WITH ~$130K NOIrnrnTurnkey investment opportunity in the heart of Little Havana. This fully renovated 6-unit multifamily property is 100% occupied and producing $13,900/month ($166,800/year) with a strong ~$130K NOI from day one.rnrnBuilt for durability and peace of mind, the property has already completed its 40 & 50-year recertifications and features recent upgrades throughout—minimizing deferred maintenance and maximizing investor confidence.rnrnEach unit is well-maintained and leased, offering immediate, consistent cash flow with a clean expense profile. Ideal for investors seeking a stable, low-management asset in one of Miami’s most in-demand rental markets.rnrnInvestment Highlights:rnrn6 fully leased units (100% occupied)rnStrong in-place income: $13,900/monthrnApprox. $130K Net Operating IncomernRenovated property with completed recertificationsrnNo deferred maintenancernHigh-demand rental location with proven occupancyrnrnLocated just minutes from Brickell, Downtown Miami, and major transit corridors, this asset benefits from continued rental demand and long-term growth fundamentals.rnrnOpportunities like this—stabilized, renovated, and cash-flowing—are rare.rnSeller is motivated and seeking a quick, clean transaction.

Features

  • Swimming Pool: No
  • Heating System: Central
  • Cooling System: Central Air
  • Patio: Balcony, Open
  • Parking: No

Address Map

  • Country: US
  • State: FL
  • County: Miami-Dade
  • City: Miami
  • Subdivision: HORNERS ADDN
  • Zipcode: 33130
  • Street: 8th AVE
  • Street Number: 500
  • Floor Number: 0
  • Longitude: W81° 47' 48.6''
  • Latitude: N25° 45' 57.1''
  • Street Dir Prefix: SW
  • MLS Area: 30

MLS Addon

  • Architectural Style: Detached, Two Story, Other
  • Association Fee: $0
  • Close Price: $0
  • Exterior Features: Balcony, None
  • Flooring: Vinyl
  • Insurance Expense: $0
  • Interior Features: Second Floor Entry, First Floor Entry, Other
  • Levels: Two
  • Listing Terms: Cash, Conventional
  • Lot Features: < 1/4 Acre
  • New Taxes Expense: $0
  • Stories: 2
  • Tax Annual Amount: $24,355
  • Tax Year: 2025

Location

Listing Updated: 2026-05-06 14:40:17

  • Property Type : Single Family
  • Property Sub Type : Single Family Residence
  • Listing Type : For Sale
  • Listing ID : A12004679
  • Price : $1,849,000
  • View : Bay, City, Intercoastal, Ocean, Water
  • Bedrooms : 12
  • Bathrooms : 6
  • Full Bathrooms : 6
  • Half Bathrooms : 0
  • Square Footage : 4,608 Sqft
  • Year Built : 1925
  • Lot Area : 0 Acre
  • Listing Status : Active
  • Days On Market : 26
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