500 SW 8th AVE
500 SW 8th AVE Miami 3313012 bedrooms | 6 bathroom | 0 half bath | 4,608 sqft
$1,749,999
Property Details
- MLS #
- A12004679
- Unit #
- Address
- 500 SW 8TH AVE map
- Bedrooms
- 12
- Bathrooms
- 6
- Living Area (f2)
- 4,608
- Living Area (M2)
- 428
- Lot Size (f2)
- 5,800
- Year Built
- 1925
- Waterfront
- Status
- Active
- Listing Type
- Single Family
- Maintenance Fee
- $0
- Complex
- HORNERS ADDN
- Days On Market
- 65
- Pool
- Pets Allowed
- N/A
- Parking Spaces
- 0
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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. $130K Net Operating Income Renovated property with completed recertifications No deferred maintenance High-demand rental location with proven occupancy Located just minutes from Brickell, Downtown Miami, and major transit corridors, this asset benefits from continued rental demand and long-term growth fundamentals. Opportunities like this—stabilized, renovated, and cash-flowing—are rare. Seller is motivated and seeking a quick, clean transaction.
Property Amenities
Interior Features
- First Floor Entry
- Second Floor Entry
- Other
Exterior Features
- None
- Open Balcony
Similar Properties
| Address | Unit # | Price | %Chng | Bed/Bath | Square Feet | Square m2 | Maint/$ |
|---|---|---|---|---|---|---|---|
| 844 SW 8th Ct | $900,000 | 3/2 | 1,460 | 136 | $0 | ||
| 500 SW 8th AVE | $1,749,999 | 12/6 | 4,608 | 428 | $0 | ||
| 520 SW 22 rd | $1,898,000 | 7/4 | 3,442 | 320 | $0 | ||
| 236 SW 28th Rd | $1,900,000 | 3/2 | 1,156 | 107 | $0 | ||
| 365 SW 31st Rd | $2,100,000 | 4/3 | 2,514 | 234 | $0 | ||
| 440 SW 29th Rd | $2,450,000 | 4/3 | 2,674 | 248 | $0 | ||
| 360 SW 28th Rd | $2,499,000 | 5/4 | 4,033 | 375 | $0 | ||
| 900 SW 24th Rd | $2,500,000 | 4/4 | 0 | 0 | $0 | ||
| 910 SW 24th Rd | $2,600,000 | 4/4 | 3,822 | 355 | $0 | ||
| 1510 SW 4th Ave | $2,675,000 | 4/4 | 2,827 | 263 | $300 | ||
| 2805 SW 4th Ave | $2,750,000 | 3/3 | 2,689 | 250 | $0 | ||
| 420 SW 15th Rd | $3,000,000 | 7.14% | 3/3 | 2,980 | 277 | $0 | |
| 471 SW 30th Rd | $3,100,000 | 4/4 | 3,462 | 322 | $0 | ||
| 330 SW 19th Rd | $3,750,000 | 4/4 | 2,962 | 275 | $0 | ||
| 234 SW 22nd Rd | $4,498,000 | 4/3 | 3,444 | 320 | $0 |
Recent Sales
| Unit # | Closed Date | Sold Price | List Price | Bed | Bath | Living Area | Days on Market |
|---|---|---|---|---|---|---|---|
| 03/09/2026 | $1,940,000 | $2,100,000 | 4 | 3 | 3,049 | 2 months | |
| 03/04/2026 | $1,150,000 | $1,150,000 | 3 | 2 | 2,377 | 1 month | |
| 01/06/2026 | $1,485,000 | $1,495,000 | 4 | 4 | 2,280 | 6 months | |
| 12/30/2025 | $2,750,000 | $2,900,000 | 4 | 5 | 3,875 | 3 weeks | |
| 12/30/2025 | $1,200,000 | $1,300,000 | 4 | 2 | 1,479 | 7 months |
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Corey Schwartz | Broker Associate | Gravity Real Estate
Gravity Real Estate is an independent real estate brokerage servicing the South Florida real estate community
