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$1,899,999

  • For Sale
  • Active
  • Commercial Multi-Family
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PRICED TO SELL!!!!PRIME LITTLE HAVANA INVESTMENT: Fully Renovated 6-Unit Multifamily with 6.72% 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 $13,850 per month in rental income, translating to a strong 6.72% 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.

Full Property Details for 500 SW 8th Ave

General

  • Price: $1,899,999
  • Taxes: $22,803 (2024)
  • Status: Active
  • Type: Commercial Multi-Family
  • Source: Bonita_Springs
  • MLS ID: 2025025098
  • Updated: 12/24/2025
  • Added to Site: 31 day(s) ago

Business

  • Business Type: Commercial Only

Additional Information

  • Security/Safety: Fire Sprinkler System

Parking

  • Total Spaces: 6

Location

  • Area: OA01 - Out of Area
  • County: Miami-Dade

Heating & Cooling

  • Air Conditioning: Yes

Utilities

  • Utility Description: Electricity Available, Other, Water Available

Structural Information

  • Description/Design: Multi-Family: Low Rise (1-3 Floors)
  • Stories/Levels: 2
  • Stories in Building: 2
  • Square Feet: 4,608
  • Year Built: 1925

Lot Features

  • Lot Size (Acres): 0.13
  • Lot Size (Sq. Ft.): 5,662
  • Lot Size Source: Survey
  • Frontage Feet: 46
  • Zoning: 3901

Water Features

  • Water Front Desc.: None
  • Canal Width: None

Financial Considerations

  • Price Per Acre: $412
  • Assoc Fee Freq.: Annually
  • Tax Amount: $22,803
  • Tax Year: 2024

Disclosures and Reports

  • Legal Description: HORNERS ADDN PB B-160 BEG NE COR LT 32 S45.87FT W84.40
  • Inclusions: Building And Land
  • Property ID: 01-4138-006-0180

Listed by Re/Max Destination Realty

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Listing agent

— 500 SW 8th Ave —

  • Re/Max Destination Realty

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 500 SW 8th Ave

School District:Dade County School District
NameGradesDistance
Riverside Elementary Community School
1190 Southwest 2nd Street, Miami, FL 33130
PK-50.4 mi
Jose De Diego Middle School
3100 Northwest 5th Avenue, Miami, FL 33127
6-82.6 mi
Booker T. Washington Senior High School
1200 Northwest 6th Avenue, Miami, FL 33136
9-121.2 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 500 SW 8th Ave Get Price Alerts and Save Property

Date
Details
Price
Change
Source
12/22/2025
Price Reduced
$1,899,999
-7.32%
MLS
12/19/2025
Price Reduced
$2,049,999
-6.82%
MLS
12/17/2025
Listed
$2,200,000
168.29%
MLS
11/09/2021
Sold
$820,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 500 SW 8th Ave

Year
Property Taxes
Change
Tax Assessment
Change
2024
$22,803
74%
$1,138,259
22%
2023
$13,083
42%
$936,544
110%
2022
$9,209
1%
$446,688
4%
2021
$9,091
-13%
$427,885
19%
2019
$10,403
11%
$359,874
10%
2018
$9,378
6%
$327,159
-2%
2017
$8,841
11%
$334,618
28%
2016
$7,979
37%
$261,127
87%
2015
$5,821
9%
$139,474
10%
2014
$5,332
9%
$126,795
10%
2013
$4,891
—
$115,269
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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*These costs are estimates, and the interest rates assume exceptional credit standing.

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with our affiliated lender
NMLS#: 1598647

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Listed by Re/Max Destination Realty

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500 SW 8th Ave, Miami, FL 33130 (MLS# 2025025098) is a Commercial Multi-Family property. 500 SW 8th Ave is currently listed for $1,899,999 and was received on December 17, 2025. Want to learn more about 500 SW 8th Ave? Do you have questions about finding other Commercial Multi-Family real estate for sale in Miami? You can browse all Miami real estate or contact a Coldwell Banker agent to request more information.

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