Sell Your Home
Get a free home valuation
Contact
Tell us about your needs

500 SW 8th AVE, Miami FL 33130

House Active With Contract
$1,849,000

BTC: 28.89062500

ETH: 1,058.99198167

-$51K (2026/05/05)
38 days
12 bds
6 ba
4,608 sqft

Overview

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.

Location

Details

Type:
Residential
Parking:
None
Year Built:
1925
Lot:
5800 Square Feet
Heating:
Central
Price/sqft:
$401
Cooling:
Central Air
HOA:
No Data

Valuation

Recent sales nearby
30 public-records sales within 0.5 mi
Median actual sale: $382K
Not enough MLS comparables for a model estimate on this property. Public-records data shown instead.

Highlights

Annual tax
$24,355
2025
View
None
All facts and features
  • Flooring

    • Vinyl

    Heating

    • Central

    Cooling

    • Central Air

    Other interior features

    • First Floor Entry

    • Second Floor Entry

    • Other

    Bedrooms and bathrooms

    • Bedrooms: 12

    • Full bathrooms: 6

  • Parking

    • None

    Property

    • Exterior Features: None / Open Balcony

    Lot

    • Lot: 5800 Square Feet

    Other Property Information

    • Parcel Number: 01-41-38-006-0180

    • Zoning: 3901

  • Type and style

    • Property Type: Residential

    • Property Sub Type: Single Family Residence

  • Other financial information

    • Annual tax amount: $24,355

  • Source details

    • MLS ID: A12004679

    Other facts

    • Construction Materials: Frame With Stucco

    • Lot Features: Less Than 1/4 Acre Lot

    • Patio And Porch Features: Open Balcony

    • Direction Faces: Southwest

    • Architectural Style: Detached / Two Story / Other

    • Living Area: 4608

    • Water Source: Municipal Water

    • Subdivision Name: HORNERS ADDN

Private inquiry
Talk to the advisor on this listing.
Floor plans, HOA docs, off-market comparables, scheduling a private showing — one message, direct to the local specialist.

More like this

Active With Contract
$2,370,000
Condo/Co-op
3 bds · 3 ba · 2,510 sqft
TWO TEQUESTA POINT CONDO, Miami
808 Brickell Key Dr # 2104, Miami FL 33131
New
Active With Contract
$1,791,000
Condo/Co-op
2 bds · 2 ba · 1,358 sqft
JEM Miami Worldcenter,JEM, Miami
175 NE 10 Street # 54B, Miami FL 33132
New
Active With Contract
$1,799,000
Townhouse
3 bds · 3 ba · 2,215 sqft
OAKGROVE CONDO, Coconut Grove
2721 SW 22nd Ave # C, Coconut Grove FL 33133
-$145K
Active With Contract
$1,330,000
House
4 bds · 3 ba · 1,688 sqft
BRICKELL HAMMOCK UNIT NO, Miami
426 SW 26th Rd, Miami FL 33129
Active With Contract
$1,475,000
House
3 bds · 2 ba · 1,898 sqft
NEW SHENANDOAH, Miami
2225 SW 19th Ave, Miami FL 33145
Active With Contract
$1,425,000
House
3 bds · 3 ba · 1,257 sqft
BRICKELL ESTATES, Miami
620 SW 27th Rd, Miami FL 33129
Active With Contract
$1,425,000
Lots/Land
0.11 acres
SILVER BLUFF EST SEC C,North Grove Neighbor, Coconut Grove
2301 Tequesta Ln, Coconut Grove FL 33133
Active With Contract
$1,750,000
Condo/Co-op
2 bds · 2 ba · 1,784 sqft
CARBONELL CONDO, Miami
901 Brickell Key Blvd # 3607, Miami FL 33131

Market around this address

Live counts in the same area.
View all

The multiple listing information is provided by the Miami Association of REALTORS® from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Miami Association of REALTORS®. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: Sellstate 5 Star Realty