Home in 500 SW 8th Avenue, Miami, FL 33130 for sale with MLS# A12075866
Exceptional investment opportunity in the heart of Little Havana. This income-producing asset consists of two detached buildings featuring a uniform mix of six fully renovated 2-bedroom, 1-bathroom units. Operating with an efficient 31.83% expense ratio, the property generates a Net Operating Income (NOI) of $115,144.50, representing an approximate 6.98% cap rate based on a $1,649,000 purchase price.Ownership has invested over $200,000 in recent capital improvements, helping minimize future capital expenditures and offering a turnkey ownership opportunity. Major upgrades include complete interior renovations (2022), new permitted roofs (2024), new exterior stucco and paint (2024), roof-mounted mini-split HVAC systems (2024), plumbing improvements, and fully upgraded electrical systems with new main service entries and meter boxes (2025/2026).For additional confidence, the City of Miami 40- and 50-year structural recertifications have been fully completed and approved. Ideally located near Brickell, Downtown Miami, the Health District, and major employment and transportation corridors, the property benefits from strong rental demand and long-term appreciation potential associated with Miami's continued growth and development.A stabilized multifamily asset with established income, extensive recent improvements, completed recertifications, and a central Little Havana location.
500 SW 8th Avenue, Miami, FL 33130
- Price:
- $1,649,999.00
- Original List Price:
- $1,649,999.00
- List Price per Sq Ft (Calculated, Approx.):
- $354.22
- Listing Type:
- For Sale
- Status:
- Active
- Listing Category:
- Residential
- Property Type:
- Single Family House
- Description of Last Important Update:
- New Listing
- Last Major Update on:
- August 21, 2026 4:00 am
- Other Special Conditions:
- Sold As-is
- Bedrooms:
- 12
- Bathrooms Total:
- 6
- Full Bath:
- 6
- Room Type:
- Other
- Master Bedroom Bath:
- Other
- Living Area:
- 4,658 Sqft
- Built-Up Area:
- 4,658 Sqft
- Lot Size Acres:
- 0.13
- Waterfront:
- No
- Security:
- Fire Sprinkler System
- Appliances:
- Refrigerator, Other
- Interior:
- Other
- Exterior:
- Balcony, Lighting
- Patio and Porch:
- Porch, Porch - Open
- Air Conditioning
- Air Conditioning System:
- Central Air
- Heating
- Heating System:
- Central
- Property Entrance Faces:
- Southwest
- Other Equipment:
- Other
- Balcony Details:
- Balcony - Open
- Year Built:
- 1925
- Roof:
- Shingle
- Architectural Style:
- Other
- Levels:
- Two
- Construction Materials:
- Block, Frame, Stucco
- Flooring:
- Vinyl
- Number of stories:
- 2
- Road Frontage Type:
- Public Road
- Flood Zone Code:
- AE
- Property Condition:
- Resale
- Tax Annual Amount:
- $24,355.00
- Tax Year:
- 2025
- Property Tax Details:
- City/County
- Garage Spaces:
- 0
- Covered Spaces:
- 0
- Parking Features:
- Driveway, On Street
- Sewer:
- Public Sewer
- Water Source:
- Public
- Subdivision Name:
- HORNERS ADDN
- Senior Community:
- No
- Restrictions:
- No Restrictions
- Listing Terms Considered by Seller:
- Cash, Conventional, Owner Will Carry Points
- Buyer Possession:
- Close Of Escrow
- 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):
- 0141380060180
- Zoning:
- 3901
- Elementary School:
- New Heights Elementary-pn
- High School:
- Booker T. Washington
- Middle Or Junior School:
- Jose De Diego
- Active on the market since:
- August 21, 2026
- Listing Agreement executed on:
- August 21, 2026
- Listing Status Last Changed On:
- August 21, 2026 4:00 am
- Photos updated on:
- August 22, 2026 5:04 am
- Last Modified:
- August 22, 2026 5:05 am
- Courtesy of:
- Sellstate 5 Star Realty
- Attribution:
- Not provided
- Road Surface Type:
- Paved
- Street Name:
- 8th
- Street Number:
- 500
- City:
- Miami
- State:
- Florida
- Zip Code:
- 33130
- County:
- Miami-Dade
- Latitude:
- N25° 46' 7.5''
- Longitude:
- W81° 47' 31.9''
- Street Suffix:
- Avenue
- Street Direction Prefix:
- SW
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Neighborhood Stats
Source: U.S. Census Bureau, ACS 5-Year Estimates
Air Quality
Source: AirNow.gov · Miami
Ver la propiedad 500 SW 8th Avenue, Miami, FL 33130
