500 SW 8th Avenue
Miami, FL 33130
12
Bed
6
Bath
4,608Sqft
5,800Sqft(Lot)
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 Distr
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Bedroom Information
Total beds: 12Bathroom Information
Total Baths: 6 Full Baths: 6Flooring Information
Vinyl -
Interior Features
Other -
Heating & Cooling
Has Heating: Yes Heating: Central Has Cooling: Yes Cooling: CentralAir
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Building Information
Year Built: 1925Building Area Total: 4608Construction Materials: Frame, StuccoStories: 2Patio And Porch Features: Open, BalconyPrivate Pool: No -
Exterior Features
Exterior Features: Balcony, None, OutdoorLivingArea
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Lot Information
Main Square Feet: 5800 Lot Size Acres: 0.13Property Information
Subdivision: HORNERS ADDN Source Property Type: Residential Postal Code Plus 4: 3414 Property SubType: Single Family Residence Direction Faces: Southwest Levels: Two Property Age: 101
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Listing Price Information
Listing Price: $1749999Original Price: $1899999Cash, Conventional
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Tax Information
Parcel Number: 0141380060180 Tax Year: 2025 Annual Tax: $24355 Tax Legal Desc: 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
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Homeowners Association Information
Association Amenities: None
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School Information
Elementary School: Riverside (Miami-Dade) Junior High School: Jose De Diego Senior High School: Booker T. Washington -
Location Information
WaterSource: Public Security Features: FireAlarm
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 927 4th Street, Miami, FL, 33130 | $1,990,000 | 3 | 2 | 1,892 | 1,892 SqFt |
| 1032 SW 10th Street, Miami, FL, 33130 | $849,000 | 2 | 1 | 849 | 849 SqFt |
| 1119 SW 9th St, Miami, FL, 33130 | $1,500,000 | 3 | 2 | 1,451 | 1,451 SqFt |
| 801 S Miami Avenue #3009, Miami, FL, 33130 | $1,485,000 | 3 | 3 | 1,450 | 1,450 SqFt |
| 801 S Miami Avenue #402, Miami, FL, 33130 | $578,500 | -- | 1 | 631 | 631 SqFt |
| 801 S Miami Avenue #3802, Miami, FL, 33130 | $1,090,000 | 2 | 3 | 1,119 | 1,119 SqFt |
| 1250 S Miami Avenue #1906, Miami, FL, 33130 | $480,000 | 2 | 2 | 1,143 | 1,143 SqFt |
| 1300 S Miami Avenue #1407, Miami, FL, 33130 | $491,000 | 1 | 1 | 649 | 649 SqFt |
| 1100 S Miami Avenue #2811, Miami, FL, 33130 | $799,000 | 2 | 2 | 1,195 | 1,195 SqFt |
| 1100 S Miami Avenue #2111, Miami, FL, 33130 | $735,000 | 2 | 2 | 1,195 | 1,195 SqFt |
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ByOwner last updated this listing 07/31/2026 @ 01:45
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