44
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$1,849,000
Est. payment /mo
4,608 SqFt
Price Dropped by $50K
500 SW 8th AVE Miami, FL 33130
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Key Details
Property Type Multi-Family
Sub Type Multi-Family: Low Rise (1-3 Floors)
Listing Status Active
Purchase Type For Sale
Square Footage 4,608 sqft
Price per Sqft $401
MLS Listing ID 2025025098
HOA Y/N No
Year Built 1925
Annual Tax Amount $22,803
Tax Year 2024
Lot Size 5,662 Sqft
Acres 0.13
Property Sub-Type Multi-Family: Low Rise (1-3 Floors)
Source Florida Gulf Coast
Property Description
UNMISSABLE LITTLE HAVANA CASH FLOW MACHINE – TURNKEY 6-UNIT WITH STRONG 6.72% 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 6.72% 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.
Location
State FL
County Miami-dade
Area Oa01 - Out Of Area
Zoning 3901
Interior
Inclusions Building And Land
Exterior
Utilities Available Electricity Available, Other, Water Available
Waterfront Description None
Private Pool No
Others
Tax ID 01-4138-006-0180
Security Features Fire Sprinkler System
Virtual Tour https://www.propertypanorama.com/instaview/fgcmls/2025025098
Listed by Sellstate 5 Star Realty • Joey Fumero-Manso
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