500 SW 8th AVE, Miami FL 33130,33130,Miami,Miami-Dade County
  • $1,849,000

Description

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.

Overview

  • Single Family Residence
    Type
  • 12
    Bedrooms
  • 6
    Bathrooms
  • 0
    Garage
  • 4608 sqft
    Area Size
  • 1925
    Year Built
  • A12004679
    Property ID

Details

Actualizado en mayo 5, 2026 a 2:18 pm
  • Property ID A12004679
  • Price $1,849,000
  • Property Size 4608 sqft
  • Bedrooms 12
  • Bathrooms 6
  • Garage 0
  • Year Built 1925
  • Type Single Family Residence
  • Property Status Venta

Additional details

  • ArchitecturalStyle Detached, Two Story, Other
  • BathroomsFull 6
  • BathroomsHalf 0
  • BuildingAreaTotal 4608
  • BuildingAreaUnits Square Feet
  • BuildingName HORNERS ADDN
  • CarportSpaces 0
  • CommunityFeatures None
  • ConstructionMaterials Frame With Stucco
  • ContractStatusChangeDate 2026-04-20
  • Cooling Central Air
  • CoveredSpaces 0
  • DaysOnMarket 15
  • DirectionFaces Southwest
  • ExpirationDate 2026-11-18
  • Flooring Vinyl
  • Heating Central
  • InternetAddressDisplayYN 1
  • InternetEntireListingDisplayYN 1
  • ListAOR A-Miami Association of REALTORS
  • ListAgentDirectPhone 786-400-6373
  • ListAgentEmail jfumero.re@gmail.com
  • ListAgentFullName Joey Fumero-Manso
  • ListAgentKey 49cfb942628e4295dfb6c2dc61dc9300
  • ListAgentMlsId 3480525
  • ListAgentOfficePhone 239-491-2430
  • ListAgentStateLicense 3480525
  • ListOfficeKey fa932387463a1109a427b1f48ad3f514
  • ListOfficeMlsId SSSR01
  • ListOfficeName Sellstate 5 Star Realty
  • ListOfficePhone 239-491-2430
  • ListingAgreement Exclusive Agency
  • ListingContractDate 2026-04-20
  • ListingKey 300c9c8f5c45e4c1a27b38c4548648df
  • ListingTerms All Cash, Conventional
  • LotFeatures Less Than 1/4 Acre Lot
  • LotSizeSquareFeet 5800
  • MLSAreaMajor Horners Addn
  • MajorChangeTimestamp May 5, 2026 at 01:47pm
  • MajorChangeType Price Decrease
  • MlsStatus Active
  • ModificationTimestamp May 5, 2026 at 01:47pm
  • OnMarketDate 2026-04-20
  • OriginalEntryTimestamp April 20, 2026 at 10:34pm
  • OriginalListPrice 1899999
  • OriginatingSystemID miamire
  • OriginatingSystemKey miamire
  • OriginatingSystemName Miami Association of REALTORS®
  • OtherExpense 0
  • ParcelNumber 01-41-38-006-0180
  • ParkingFeatures None
  • PatioAndPorchFeatures Open Balcony
  • PhotosChangeTimestamp April 20, 2026 at 10:39pm
  • PhotosCount 33
  • PostalCodePlus4 3414
  • PreviousListPrice 1899999
  • PriceChangeTimestamp May 5, 2026 at 01:47pm
  • PublicSurveyRange 41
  • PublicSurveySection 38
  • PublicSurveyTownship 41
  • Roof Composition Roll
  • RoomsTotal 0
  • SecurityFeatures Fire Alarm
  • Sewer Public Sewer
  • ShowingInstructions 24 Hour Notice, Appointment Only
  • SourceSystemKey 457204686
  • StateOrProvince FL
  • StatusChangeTimestamp April 20, 2026 at 10:34pm
  • StreetDirPrefix SW
  • StreetName 8th AVE
  • StreetNumber 500
  • StreetNumberNumeric 500
  • StructureType R30-No Pool/No Water, House
  • SyndicationRemarks 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.
  • TaxAnnualAmount 24355
  • TaxLegalDescription 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
  • TaxYear 2025
  • View None
  • WaterSource Municipal Water
  • YearBuiltDetails Resale
  • Zoning 3901
  • Address: 8th AVE
  • City: Miami
  • State/county: Miami-Dade County
  • Zip/Postal Code: 33130
  • Area: HORNERS ADDN

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