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500 SW 8th Ave, Miami, FL 33130

$1,849,000
  • 500 SW 8th Ave, Miami, FL 33130 Main Photo

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Active
BEDS12 BATHS6 full SQUARE FEET4,608 MLS#A12004679
STATUSActive PROPERTY TYPEResidential - Single Family SUBDIVISIONHORNERS ADDN

Property Description

PRIME LITTLE HAVANA CASH FLOW ? STABILIZED 6-UNIT WITH ~$130K NOITurnkey 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 Miamis most in-demand rental markets.Investment Highlights:6 fully leased units (100% occupied)Strong in-place income: $13,900/monthApprox. $130K Net Operating IncomeRenovated property with completed recertificationsNo deferred maintenanceHigh-demand rental location with proven occupancyLocated 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.

500 SW 8th Ave | MLS# A12004679

This single family home located at 500 SW 8th Ave, Miami, FL 33130 is currently listed for sale with an asking price of $1,849,000. This property was built in 1925 and has 12 bedrooms and 6 full baths with 4608 sq. ft. SW 8th Ave is located in the HORNERS ADDN subdivision. Search HORNERS ADDN real estate on www.adamscameron.com today.

Property Features

Property Type: Residential - Single Family
Cooling: Central Air
Heating: Central
Home Style: Detached, Two Story, Other
Lot Size: 0.13 Acres
Roof Type: Composition Roll
Taxes: $24,355
Year Built: 1925

Amenities

First Floor Entry
Second Floor Entry
Other
None
Open Balcony

Feature Descriptions

Community Features: None
Crops Included Y/N: No
Days on Site: 30
Exterior: Frame With Stucco
Flooring: Vinyl
Home Warranty Y/N: No
Lease Considered Y/N: No
Listing Terms: All Cash, Conventional
Lot: Less Than 1/4 Acre Lot
Parcel#: 01-41-38-006-0180
Parking: None
Parking Notes: None
Patio/Porch: Open Balcony
Property Attached Y/N: No
Property Sub-Type: Single Family Residence
Security: Fire Alarm
Sewer: Public Sewer
Special View Info: None
Water: Municipal Water

Listed By / Shown By

Listed By

Agency Name: Sellstate 5 Star Realty
Agency Phone: 239-491-2430

Shown By

Agency Title: Adams Cameron & Co. REALTORS
Agency Phone: 386-717-3445

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Estimated Payment

$ 12,410.03 per month $9,841.15 Principal & Interest $2,029.58 Property Tax $539.29 Homeowner's Insurance

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