500 SW 8th Ave, Miami, FL 33130

Miami
Local realty services provided by:Better Homes and Gardens Real Estate Destinations
500 SW 8th Ave,Miami, FL 33130
$1,680,000
Virtual Tour
  • 12 Beds
  • 6 Baths
  • 4,608 sq. ft.
  • Single family
  • Active
Listed by: joey fumero-manso
Office: sellstate 5 star realty239-491-2430
MLS#:A12004679
Source:SEFMLS

Price summary

  • Price:$1,680,000
  • Price per sq. ft.:$364.58

About this home

TURNKEY LITTLE HAVANA MULTIFAMILY | 6.85% CAP RATE Exceptional investment opportunity in the heart of Little Havana! This premium 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 strong Net Operating Income (NOI) of $115,144.50, delivering an attractive 6.85% cap rate at the $1,680,000 asking price. Ownership has invested over $200,000 in recent capital improvements, minimizing future capital expenditures and providing true turnkey ownership. 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 added buyer confidence, the City of Miami 40- and 50-year structural recertifications...

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Home facts

  • Year built:1925
  • Subdivision & Development:HORNERS ADDN
  • Listing ID #:A12004679
  • Updated:August 15, 2026 at 09:57 AM

Rooms and interior

  • Bedrooms:12
  • Total bathrooms:6
  • Full bathrooms:6
  • Flooring:Vinyl
  • Living area:4,608 sq. ft.

Heating and cooling

  • Cooling:Central Air
  • Heating:Central
  • Central air:Yes

Structure and exterior

  • Roof:Composition
  • Year built:1925
  • Building area:4,608 sq. ft.
  • Lot area:0.13 Acres
  • Architectural Style:Detached, Two Story
  • Construction Materials:Frame, Stucco
  • Exterior Features:Balcony, Open
  • Levels:2 Story

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$1,680,000
  • Price per sq. ft.:$364.58
  • Tax amount:$24,355 (2025)

Features and amenities

  • Amenities:Balcony
Information deemed reliable but not guaranteed. Information is provided, in part, by Greater Miami MLS. This information being provided is for consumer's personal, non-commercial use and may not be used for any other purpose other than to identify prospective properties consumers may be interested in purchasing.

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