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500 SW 8th Avenue Miami, FL $ 2,049,999
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$ 2,049,999 Get more info
500 SW 8th Avenue
$ 2,049,999
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500 SW 8th Avenue

Miami, FL, 33130
$ 2,049,999
Bedrooms-- Baths-- Sq 4,608

Monthly Estimate*

$ 12,789

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Commercial Property for sale in Miami, FL

for $2,049,999. This 4,608 square foot building was built in 1925 on a lot size of 0.13.

PRICED TO SELL!!!!PRIME LITTLE HAVANA INVESTMENT: Fully Renovated 6-Unit Multifamily with 6.37% Cap Rate! A rare and fantastic turn-key investment opportunity in the heart of vibrant Little Havana! This fully renovated, stable 6-unit multifamily building generates an impressive $14,100 per month in rental income, translating to a strong 6.37% Capitalization Rate. The property is built for durability and compliance: 40-Year Recertification is complete (2025), the roof was replaced in 2024 (with permit), and all A/C units/mini-splits were updated in 2023. 5 spacious 2-Bed/1-Bath units and 1 large 3-Bed/1-Bath unit, totaling 4,608 SF of living space. Located in a high-demand, appreciating area, this property is the perfect investment for a stable income stream and long-term appreciation.

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Commercial Active

Price

$ 2,049,999

Property Type

Commercial

Taxes

$ 22,803

Style

MultiFamily

Lot Size

0.13

Year Built

1925

Town/City

Miami

County/Region

Miami-Dade

MLS | Web ID

2025025098
Features
General
Utilities ElectricityAvailable Other WaterAvailable
HOA Fee 0.0
Architectural Style LowRise
Security Features FireSprinklerSystem
Year Built 1925
Property Subtype MultiFamily
Tax Year 2024
Waterfront Features None
HOA Fee 2 0.0
County Miami-Dade
New Construction N
Property Type CommercialSale
HOA N
Attached Garage N
Garage Y/N N
Status Active
City Miami
Land Lease Amount 0.0
Senior Community Y/N N
Zoning Description 3901
MLS Area OA01 - Out of Area
Lot Size Units Acres
Carport Y/N N
Property Attached Y/N N
Land Lease Y/N N
Tax Annual Amount 22803.0
Home Warranty Y/N N
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Virtual Tour https://www.propertypanorama.com/instaview/fgcmls/2025025098
Standard Status Active
Legal Description HORNERS ADDN PB B-160 BEG NE COR LT 32 S45.87FT W84.40
HOA Fee 3 0.0
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Exterior
Lot Size Area 0.13
Horses N
Spa N
Irrigation/Water Rights N
Building Area Total 4608.0
Lot Size Acres 0.13
Private Pool N
Lot Size Source Survey
Waterfront Y/N N
Covered Spaces 0.0
Crops Included Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Interior
Total Stories 2
Basement (Y/N) N
Air Conditioning Y/N Y
Heating Y/N Y
Fireplace Y/N N
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* Excluded Features
List By
Joey Fumero-Manso

Listing Agent

Re/Max Destination Realty

Broker

jfumero.re@gmail.com

Email

Affordability Calculator

$14,690
Per Month
87%
13%
0%
Monthly Principal & Interest
$12,789
Monthly Property Taxes
$1,900
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% 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
1023546 Elementary School
1023297 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
12/19/2025$2,049,999 -6.82% Price Down
12/17/2025$2,200,000 Listed Price

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500 SW 8th Avenue, Miami, FL, 33130 is a Commercial Property for sale at $2,049,999 with 4,608 sqft and a lot size of 0.13. 500 SW 8th Avenue was built in 1925. The property's zip code is 33130 which is in Miami, FL

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