500 SW 8th Avenue
Miami, FL 33130
12
Bed
6
Bath
4,658Sqft
5,800Sqft(Lot)
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
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: 6Room Information
Rooms Total: 1Roofing Information
ShingleFlooring Information
Vinyl -
Interior Features
OtherRoof: ShingleAppliances: Refrigerator -
Heating & Cooling
Has Heating: Yes Heating: Central Has Cooling: Yes Cooling: CentralAir
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Building Information
Year Built: 1925Building Area Total: 4658Construction Materials: Block, Frame, StuccoStories: 2Patio And Porch Features: Open, Porch, BalconyPrivate Pool: No -
Exterior Features
Exterior Features: Balcony, Lighting, 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: $1649999Cash, Conventional, OwnerWillCarry
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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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Virtual Tour
Parking Information
Driveway, OnStreet
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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: FireSprinklerSystem
How much is this property worth?
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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 #3802, Miami, FL, 33130 | $1,050,000 | 2 | 3 | 1,119 | 1,119 SqFt |
| 801 S Miami Avenue #402, Miami, FL, 33130 | $578,500 | -- | 1 | 631 | 631 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 #2111, Miami, FL, 33130 | $735,000 | 2 | 2 | 1,195 | 1,195 SqFt |
| 1100 S Miami Avenue #2811, Miami, FL, 33130 | $795,000 | 2 | 2 | 1,195 | 1,195 SqFt |
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ByOwner last updated this listing 08/26/2026 @ 01:53
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