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500 SW 8th Ave Miami, FL $ 1,649,999
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$ 1,649,999 Get more info
500 SW 8th Ave
$ 1,649,999
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500 SW 8th Ave

Miami, FL, 33130
$ 1,649,999
Bedrooms12 Baths6.0 Sq 4,658

Monthly Estimate*

$ 10,418

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Single Family Home for sale in Miami, FL

for $1,649,999 with 12 bedrooms and 6 full baths. This 4,658 square foot home was built in 1925.

Exceptional investment opportunity in the heart of Little Havana. This income-producing asset consists of two detached buildings featuring a uniform mix of six fully renovated 2-bedroom, 1-bathroom units. Operating with an efficient 31.83% expense ratio, the property generates a Net Operating Income (NOI) of $115,144.50, representing an approximate 6.98% cap rate based on a $1,649,000 purchase price. Ownership has invested over $200,000 in recent capital improvements, helping minimize future capital expenditures and offering a turnkey ownership opportunity. Major upgrades include complete interior renovations (2022), new permitted roofs (2024), new exterior stucco and paint (2024), roof-mounted mini-split HVAC systems (2024), plumbing improvements, and fully upgraded electrical systems with new main service entries and meter boxes (2025/2026). For additional confidence, the City of Miami 40- and 50-year structural recertifications have been fully completed and approved. Ideally located near Brickell, Downtown Miami, the Health District, and major employment and transportation corridors, the property benefits from strong rental demand and long-term appreciation potential associated with Miami's continued growth and development. A stabilized multifamily asset with established income, extensive recent improvements, completed recertifications, and a central Little Havana location.

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Single Family Active

Price

$ 1,649,999

Bedrooms

12

Full Bath

6

Property Type

Single Family

Taxes

$ 24,355

Style

Year Built

1925

Town/City

Miami

County/Region

Miami-Dade

MLS | Web ID

A12075866
Features
General
Sewer Public Sewer
Heating Central
Cooling Central Air
Possession Close Of Escrow
Roof Composition Shingle
Appliances Other Refrigerator
Garage Spaces 0
Patio/Porch Features Balcony Open Porch
Architectural Style Detached Other Two Story
Pool Features None
Security Features Fire Sprinkler System
Restrictions No Restrictions
Construction Materials Block Frame Stucco
Year Built 1925
View None
Stories Count 2
Levels Two
Property Subtype Single Family Residence
Tax Year 2025
County Miami-Dade
Property Type Residential
Subdivision Name HORNERS ADDN
Facing Direction Southwest
Garage Y/N false
Total Rooms 0
Full Baths 6
Special Listing Conditions Listed As-Is
Status Active
City Miami
Senior Community Y/N false
Zoning Description 3901
MLS Area 30
Lot Size Units Square Feet
Lot Size Square Feet 5800
Carport Spaces 0
Carport Y/N false
Listing Terms Cash Conventional Owner May Carry
Year Built Details Resale
Tax Annual Amount 24355
Lease Considered Y/N false
Virtual Tour https://www.propertypanorama.com/instaview/mia/A12075866
Standard Status Active
Occupancy Type Tenant
Property Sub Type Additional Single Family Residence
Legal Description 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
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Interior
Interior Amenities Second Floor Entry First Floor Entry Other
Flooring Vinyl
Air Conditioning Y/N true
Heating Y/N true
Half Baths 0
Total Bedrooms 12
Total Baths 6
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Exterior
Exterior Amenities Balcony Lighting Porch
Parking Features Driveway Other On Street
Lot Features < 1/4 Acre
Water Source Public
Lot Size Area 5800
Building Area Total 4658
Road Surface Type Paved
Waterfront Y/N false
Covered Spaces 0
Road Frontage Type City Street
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* Excluded Features
List By
Sellstate 5 Star Realty

Broker

jfumero.re@gmail.com

Email

Affordability Calculator

$12,448
Per Month
84%
16%
0%
Monthly Principal & Interest
$10,418
Monthly Property Taxes
$2,030
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
See complete school information
Pricing History
Date Price Price Change Description
8/22/2026 $1,649,999 Listed Price

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500 SW 8th Ave, Miami, FL, 33130 is a Single Family Home for sale at $1,649,999 with 4,658 sqft. 500 SW 8th Ave has 12 bedrooms, 6.0 baths, and was built in 1925. The property's zip code is 33130 which is in Miami, FL

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