500 SW 8th AVE Miami, FL 33130
UPDATED:
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
Square Footage 4,608 sqft
Price per Sqft $379
Subdivision Horners Addn
MLS Listing ID A12004679
Style Detached,Other,Two Story
Bedrooms 12
Full Baths 6
HOA Y/N No
Year Built 1925
Annual Tax Amount $24,355
Tax Year 2025
Lot Size 5,800 Sqft
Property Sub-Type Single Family Residence
Property Description
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
State FL
County Miami-dade
Community Horners Addn
Area 30
Interior
Interior Features Second Floor Entry, First Floor Entry, Other
Heating Central
Cooling Central Air
Flooring Vinyl
Exterior
Exterior Feature Balcony, None
Pool None
View Y/N No
View None
Roof Type Composition
Porch Balcony, Open
Garage No
Private Pool No
Building
Lot Description < 1/4 Acre
Faces Southwest
Story 2
Sewer Public Sewer
Water Public
Architectural Style Detached, Other, Two Story
Level or Stories Two
Structure Type Frame,Stucco
Others
Senior Community No
Restrictions No Restrictions
Tax ID 01-41-38-006-0180
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition Listed As-Is
Virtual Tour https://www.propertypanorama.com/instaview/mia/A12004679
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