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$1,849,000
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Property Description
PRIME LITTLE HAVANA CASH FLOW - STABILIZED 6-UNIT WITH ~$130K NOI Turnkey 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 Miami's most in-demand rental markets. Investment Highlights: 6 fully leased units (100% occupied) Strong in-place income: $13,900/month Approx. $130K Net Operating Income Renovated property with completed recertifications No deferred maintenance High-demand rental location with proven occupancy Located 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.
Full Property Details
Full Property Details for 500 SW 8th Ave
General
- Price: $1,849,000
- Taxes: $24,355 (2025)
- Status: Active
- Type: Single Family
- Source: Greater_Miami
- MLS ID: A12004679
- Updated: 6/11/2026
- Added to Site: 64 day(s) ago
Interior
- Interior Features: First Floor Entry, Second Floor Entry, Other
- Flooring: Vinyl
Rooms
Bathrooms
- Total Bathrooms: 6
- Full Bathrooms: 6
Bedrooms
- Total Bedrooms: 12
- Bedroom Features: Other
Other Rooms
- Living Room: Other Sq. Ft.
Additional Information
- Security/Safety: Fire Alarm
Exterior
- Exterior Features: None, Open Balcony
- Deck/Patio: Open Balcony
Parking
- Parking Features: None
Location
- Area: Horners Addn
- County: Miami-Dade County
- Subdivision: HORNERS ADDN
- Building Name: HORNERS ADDN
- Direction Faces: Southwest
Community
- Community Name: Horners Addn
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Central Air
- Heating Type: Central
Utilities
- Sewer: Public Sewer
- Water: Municipal Water
Structural Information
- Architectural Style: Detached, Two Story, Other
- Structure Type: R30-No Pool/No Water, House
- Detached/Attached: Detached
- Construction: Frame With Stucco
- Roof: Composition Roll
- Building Size: 4608
- Square Feet: 4,608
- Living Area: 4,608 Sq. Ft.
- Year Built: 1925
Lot Features
- Property View: None
- Lot Size (Sq. Ft.): 5,800
- Lot Features: Less Than 1/4 Acre Lot
- Zoning: 3901
Financial Considerations
- Price Per Sq. Ft.: $401.26
- Tax Amount: $24,355
- Tax Year: 2025
- Terms: All Cash, Conventional
Disclosures and Reports
- 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
- Restrictions: No Restrictions
- Property ID: 01-41-38-006-0180
Listed by Sellstate 5 Star Realty
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Schools
Schools serving 500 SW 8th Ave
School District:Dade County School District
| Name | Grades | Distance |
|---|---|---|
Riverside Elementary Community School 1190 Southwest 2nd Street, Miami, FL 33130 | PK-5 | 0.4 mi |
Jose De Diego Middle School 3100 Northwest 5th Avenue, Miami, FL 33127 | 6-8 | 2.6 mi |
Booker T. Washington Senior High School 1200 Northwest 6th Avenue, Miami, FL 33136 | 9-12 | 1.2 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
Date
Details
Price
Change
Source
5/05/2026
Price Reduced
$1,849,000
-2.68%
MLS
4/20/2026
Listed
$1,899,999
131.71%
MLS
11/09/2021
Sold
$820,000
—
Public Record
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
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
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 500 SW 8th Ave
500 SW 8th Ave, Miami, FL 33130 (MLS# A12004679) is a Single Family property with 12 bedrooms and 6 full bathrooms. 500 SW 8th Ave is currently listed for $1,849,000 and was received on April 20, 2026. Want to learn more about 500 SW 8th Ave? Do you have questions about finding other Single Family real estate for sale in Miami? You can browse all Miami real estate or contact a Coldwell Banker agent to request more information.

