500 Sw 8Th Ave, Miami, FL 33130
For Sale $1,649,999
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Listing Agent: Joey Fumero-Manso
Agent Phone:
786-400-6373
Agent Email:
jfumero.re@gmail.com
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Exceptional investment opportunity in the heart of Little Havana! This income-producing multifamily property features two detached buildings with six fully renovated 2-bedroom, 1-bathroom units, generating $13,200 in monthly rental income and $158,400 in annual gross income. Offered at $1,650,000, the property delivers an estimated $105,304.50 Net Operating Income (NOI) and an approximate 6.38% capitalization rate based on current operating expenses.Ownership has invested over $200,000 in capital improvements, helping reduce near-term maintenance concerns and providing a turnkey investment opportunity. Major upgrades include complete interior renovations (2022), new permitted roofs (2024), exterior stucco and paint (2024), roof-mounted mini-split HVAC systems (2024), plumbing improvements, and upgraded electrical infrastructure with new main service entries and meter boxes (2025/2026). The City of Miami's 40- and 50-year structural recertifications have also been completed and approved.Ideally situated near Brickell, Downtown Miami, the Health District, and major employment and transportation corridors, this property offers convenient access to key destinations throughout Miami. With established rental income, extensive capital improvements, completed recertifications, and a central location in a high-demand rental market, this is an attractive opportunity for investors seeking income-producing multifamily real estate with long-term potential.
Other
Taxes: $24,355.00
Tax Year: 2025
Lighting
Balcony
Porch - Open
Porch
Other
Refrigerator
Elementary School: Riverside (Miami-Dade)
Middle School: Jose De Diego
Junior High: Jose De Diego
High School: Booker T. Washington
Building Description: Other
MLS Area: 2410
Total Square Footage: 4,658
Price per Square Feet: $354.22
Total Rooms: 1
Total Floors: 2
Water: Public
Construction: Block, Frame, Stucco
Date Listed: 2026-08-21 00:00:00
Parking: Driveway, On Street
Flooring: Vinyl
Roof: Shingle
Heating: Central
Cooling: Central Air
Security: Fire Sprinkler System
Restrictions: No Restrictions
Sewer: Public Sewer
Parcel ID: 0141380060180
Listing Courtesy Of: Sellstate 5 Star Realty
jfumero.re@gmail.com
Exceptional investment opportunity in the heart of Little Havana! This income-producing multifamily property features two detached buildings with six fully renovated 2-bedroom, 1-bathroom units, generating $13,200 in monthly rental income and $158,400 in annual gross income. Offered at $1,650,000, the property delivers an estimated $105,304.50 Net Operating Income (NOI) and an approximate 6.38% capitalization rate based on current operating expenses.Ownership has invested over $200,000 in capital improvements, helping reduce near-term maintenance concerns and providing a turnkey investment opportunity. Major upgrades include complete interior renovations (2022), new permitted roofs (2024), exterior stucco and paint (2024), roof-mounted mini-split HVAC systems (2024), plumbing improvements, and upgraded electrical infrastructure with new main service entries and meter boxes (2025/2026). The City of Miami's 40- and 50-year structural recertifications have also been completed and approved.Ideally situated near Brickell, Downtown Miami, the Health District, and major employment and transportation corridors, this property offers convenient access to key destinations throughout Miami. With established rental income, extensive capital improvements, completed recertifications, and a central location in a high-demand rental market, this is an attractive opportunity for investors seeking income-producing multifamily real estate with long-term potential.
Property Details
Price: $1,649,999
Sq Ft: 4,658
($354 per
sqft)
Bedrooms: 12
Bathrooms: 6
City: Miami
County: Miami-Dade
Type: Single Family
Development: Horners Addn
Acres: 0.1300
Virtual Tour/Floorplan: View
Year Built: 1925
Listing Number: A12075866
Status Code: A-Active
Taxes: $24,355.00
Tax Year: 2025
Garage:
Interior Features:
Other
Financial Information:
Taxes: $24,355.00
Tax Year: 2025
Exterior Features:
Lighting
Balcony
Porch - Open
Porch
Equipment:
Other
Refrigerator
School Information:
Elementary School: Riverside (Miami-Dade)
Middle School: Jose De Diego
Junior High: Jose De Diego
High School: Booker T. Washington
Additional Information:
Building Description: Other
MLS Area: 2410
Total Square Footage: 4,658
Price per Square Feet: $354.22
Total Rooms: 1
Total Floors: 2
Water: Public
Construction: Block, Frame, Stucco
Date Listed: 2026-08-21 00:00:00
Parking: Driveway, On Street
Flooring: Vinyl
Roof: Shingle
Heating: Central
Cooling: Central Air
Security: Fire Sprinkler System
Restrictions: No Restrictions
Sewer: Public Sewer
Parcel ID: 0141380060180
Map of 500 Sw 8Th Ave, Miami, FL 33130
Listing Courtesy Of: Sellstate 5 Star Realty
jfumero.re@gmail.com