Home in 500 SW 8th AVE Miami for sale with MLS# A12004679

PRIME LITTLE HAVANA CASH FLOW - STABILIZED 6-UNIT WITH ~$130K NOI Turnkey 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. Built 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. Each 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. Investment Highlights: 6 fully leased units (100% occupied) Strong in-place income: $13,900/month Approx. $130K Net Operating Income Renovated property with completed recertifications No deferred maintenance High-demand rental location with proven occupancy Located just minutes from Brickell, Downtown Miami, and major transit corridors, this asset benefits from continued rental demand and long-term growth fundamentals. Opportunities like this-stabilized, renovated, and cash-flowing-are rare. Seller is motivated and seeking a quick, clean transaction.

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Days on the market

500 SW 8th AVE, Miami, FL 33130

Price
Price:
$1,849,000.00
Previous Asking Price:
$1,899,999.00
Original List Price:
$1,899,999.00
Property Status and Type
Listing Type:
For Sale
Status:
Active
Special Sale Conditions:
Listed As Is
Listing Category:
Residential
Property Type:
Single Family House
MLS Number:
A12004679
Description of Last Important Update:
Price Change
Last Major Update on:
May 5, 2026 9:47 am
Rooms Distribution
Bedrooms:
12
Bathrooms Total:
6
Full Bath:
6
Room Type:
Other
Measures
Living Area:
4,608 Sqft
Built-Up Area:
4,608 Sqft
Lot Area:
5,800 Sqft
Lot Size Unit:
Square Feet
Lot Features:
Less Than Quarter Acre
Property Features
Waterfront:
No
Interior:
First Floor Entry, Other, Second Floor Entry
Exterior:
Balcony, None
Patio and Porch:
Balcony, Open
Air Conditioning
Air Conditioning System:
Central Air
Heating
Heating System:
Central
Property Entrance Faces:
Southwest
Construction
Year Built:
1925
Year Built Details:
Resale
Roof:
Composition
Architectural Style:
Two Story, Detached, Other
Levels:
Two
Construction Materials:
Frame, Stucco
Flooring:
Vinyl
Stories:
2
Taxes and Expenses
Tax Annual Amount:
$24,355.00
Tax Year:
2025
Property Tax Status:
Tax Reflects City & County Tax
Parking
Garage Spaces:
0
Covered Spaces:
0
Utilities
Sewer:
Public Sewer
Water Source:
Public
Community
Subdivision Name:
HORNERS ADDN
Senior Community:
No
Restrictions:
No Restrictions
Terms
Listing Terms Considered by Seller:
Cash, Conventional
Occupant Type:
Tenant
Buyer Possession:
Close Of Escrow
Zoning and Legal
Tax Legal Description:
HORNERS ADDN PB B-160 BEG NE COR LT 32 S45.87FT W84.40 FT S9FT W30.647FT N54.87FT E115. 04FT TO POB LOT SIZE IRREGULAR OR 25762-4021 06 2007
Real Estate Folio Number (Parcel Number):
01-41-38-006-0180
Zoning Description:
3901
Listing History
Originally published on:
April 20, 2026 6:34 pm
Active on the market since:
April 20, 2026
Price change occurred on:
May 5, 2026 9:47 am
Listing Status Last Changed On:
April 20, 2026 6:34 pm
Photos updated on:
April 20, 2026 10:55 pm
Last Modified:
May 6, 2026 1:48 pm
Additional Information
Housing Older Persons Act:
No HOPA
Flood Zone:
AE
Type of Association:
None
Rooms Description:
Other
Style:
R30-No Pool/No Water
Municipal Code:
18
Subdivision Number:
6
Courtesy of:
Sellstate 5 Star Realty
Attribution:
Not provided
Location
Street Name:
8th AVE
Street Number:
500
City:
Miami
State:
Florida
Zip Code:
33130
County:
Miami-Dade
Latitude:
N25° 45' 57.1''
Longitude:
W81° 47' 48.6''
Street Direction Prefix:
SW
Property Map

Neighborhood Stats

Source: U.S. Census Bureau, ACS 5-Year Estimates

Median Household Income $57,933
Median Home Value $479,800
Median Rent $1,656/mo
Median Age 37
Population 32,363

Air Quality

Source: AirNow.gov · Miami

🌬️ Air Quality Index (AQI) 30 Good
☀️ O3 30 Good
🫁 PM2.5 25 Good

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Association of REALTORS®
Disclaimer: IDX listing information is presented by Rebonus Brokerage LLC for consumer informational purposes only. The information provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed by the MLS or the real estate broker. This page presents structured listing information sourced directly from the MLS via the RESO Web API feed. Rebonus prioritizes maximum field coverage and data completeness, displaying the most granular MLS-provided attributes available.