500 SW 8th AVE

500 SW 8th AVE Miami 33130
12 bedrooms | 6 bathroom | 0 half bath | 4,608 sqft

$1,849,000

Property Details

MLS #
A12004679
Unit #
Address
500 SW 8TH AVE  map  
Bedrooms
12
Bathrooms
6
Living Area (f2)
4,608
Living Area (M2)
428
Lot Size (f2)
5,800
Year Built
1925
Waterfront
Status
Active
Listing Type
Single Family
Maintenance Fee
$0
Complex
HORNERS ADDN
Days On Market
20
Pool
Pets Allowed
N/A
Parking Spaces
0

Magic City Realtors

Broker
Magic City Realtors

 305-570-4898 

Inquire About this Property

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Property 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.

Property Amenities

Interior Features

  • First Floor Entry
  • Second Floor Entry
  • Other

Exterior Features

  • None
  • Open Balcony

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Recent Sales

Unit # Closed Date Sold Price List Price Bed Bath
03/09/2026 $1,940,000 $2,100,000 4 3
03/04/2026 $1,150,000 $1,150,000 3 2
01/06/2026 $1,485,000 $1,495,000 4 4
12/30/2025 $2,750,000 $2,900,000 4 5
12/30/2025 $1,200,000 $1,300,000 4 2
12/22/2025 $1,925,000 $2,050,000 4 4
12/22/2025 $1,600,000 $1,750,000 3 3
12/12/2025 $1,420,000 $1,390,000 3 2
12/10/2025 $1,450,000 $1,490,000 4 3
12/03/2025 $1,850,000 $1,900,000 4 3
11/25/2025 $1,725,000 $1,820,000 3 2
11/12/2025 $1,310,000 $1,400,000 3 1

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