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$1,749,999

  • For Sale
  • Active
  • Commercial Multi-Family
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UNMISSABLE LITTLE HAVANA CASH FLOW MACHINE - TURNKEY 6-UNIT WITH STRONG 6.58% CAP! Opportunities like this don't sit. This fully renovated 6-unit multifamily in the heart of Little Havana is already producing $13,900/month in income, delivering a solid 6.58% cap rate from day one. Every major upgrade is DONE-2025 40 & 50-year recertifications completed, new roof (2024, permitted), and all A/C systems replaced in 2023-giving you a low-maintenance, high-confidence investment for years to come. The property features six spacious 2BD/1BA units across 4,608 SF, designed to attract and retain quality tenants in one of Miami's most in-demand rental markets. Located in a rapidly appreciating area with consistent rental demand, this is the kind of asset investors wait for-stable cash flow now, upside tomorrow. Secure it before someone else does.

Full Property Details for 500 SW 8th Ave

General

  • Price: $1,749,999
  • Taxes: $22,803 (2024)
  • Status: Active
  • Type: Commercial Multi-Family
  • Source: Bonita_Springs
  • MLS ID: 2025025098
  • Updated: 7/16/2026
  • Added to Site: 217 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: $379
  • 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 Sellstate 5 Star Realty

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Listing agent

— 500 SW 8th Ave —

  • Sellstate 5 Star 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 ATTOM Data Solutions 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
6/26/2026
Price Reduced
$1,749,999
-5.35%
MLS
5/11/2026
Price Reduced
$1,849,000
-2.68%
MLS
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
2025
$25,212
11%
$1,252,084
10%
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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with our affiliated lender
NMLS#: 1598647

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Listed by Sellstate 5 Star 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 $1,749,999 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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