500 SW 8th AVE
500 SW 8th AVE Miami 3313012 bedrooms | 6 bathroom | 0 half bath | 4,608 sqft
$1,899,999
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
- 12
- Pool
- Pets Allowed
- N/A
- Parking Spaces
- 0
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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 $13,900/month in income, delivering a solid 6.72% cap rate from day one. Every major upgrade is DONE—2025 40 & 50-year recertifications completed, new roof (2024, permitted), and all A/C systems replaced in 2023—giving you a low-maintenance, high-confidence investment for years to come. The property features six spacious 2BD/1BA units across 4,608 SF, designed to attract and retain quality tenants in one of Miami’s most in-demand rental markets. Located in a rapidly appreciating area with consistent rental demand, this is the kind of asset investors wait for—stable cash flow now, upside tomorrow. Secure it before someone else does.
Property Amenities
Interior Features
- First Floor Entry
- Second Floor Entry
- Other
Exterior Features
- None
- Open Balcony
Similar Properties
| Address | Unit # | Price | %Chng | Bed/Bath | Square Feet | Square m2 | Maint/$ |
|---|---|---|---|---|---|---|---|
| 910 SW 9th St | $399,000 | 2/1 | 800 | 74 | $0 | ||
| 844 SW 8th Ct | $900,000 | 3/2 | 1,460 | 136 | $0 | ||
| 321 SW 19th Rd | $1,140,000 | 4/2 | 1,755 | 163 | $0 | ||
| 419 SW 30th Rd | $1,399,999 | 3/2 | 1,304 | 121 | $0 | ||
| 620 SW 27th Rd | $1,425,000 | 3/3 | 1,257 | 117 | $0 | ||
| 452 SW 21st Rd | $1,425,000 | 4/3 | 2,300 | 214 | $0 | ||
| 998 SW 11th St | $1,450,000 | 5/4 | 2,108 | 196 | $0 | ||
| 1851 SW 2nd Ct | $1,495,000 | 2/1 | 1,023 | 95 | $0 | ||
| 1200 SW 18th St | $1,750,000 | 3/2 | 2,778 | 258 | $0 | ||
| 500 SW 8th AVE | $1,899,999 | 12/6 | 4,608 | 428 | $0 | ||
| 401 SW 28th Rd | $1,899,999 | 4/3 | 2,518 | 234 | $0 | ||
| 236 SW 28th Rd | $1,900,000 | 3/2 | 1,156 | 107 | $0 | ||
| 520 SW 22nd Rd | $1,950,000 | 7/4 | 3,442 | 320 | $0 | ||
| 428 SW 28th Rd | $2,250,000 | 4/3 | 3,994 | 371 | $0 | ||
| 30 SW 21st Rd | $2,500,000 | 5/3 | 5,412 | 503 | $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 | |
| 12/22/2025 | $1,925,000 | $2,050,000 | 4 | 4 | 2,220 | 1 month | |
| 12/22/2025 | $1,600,000 | $1,750,000 | 3 | 3 | 2,086 | 2 months | |
| 12/12/2025 | $1,420,000 | $1,390,000 | 3 | 2 | 1,672 | 1 month | |
| 12/10/2025 | $1,450,000 | $1,490,000 | 4 | 3 | 2,020 | 1 month | |
| 12/03/2025 | $1,850,000 | $1,900,000 | 4 | 3 | 3,178 | 1 month | |
| 11/25/2025 | $1,725,000 | $1,820,000 | 3 | 2 | 2,006 | 2 months | |
| 11/12/2025 | $1,310,000 | $1,400,000 | 3 | 1 | 1,708 | 2 months |
https://www.collegetownliving.com/ is not responsible for the accuracy of the information listed above. The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program and the South East Florida Regional MLS and is provided here for consumers personal, non-commercial use, It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real Estate listings held by brokerage firms other than the office owning this web site are marked with the IDX logo. Data provided is deemed reliable but not guaranteed. Listing provided by Sellstate 5 Star Realty
Corey Schwartz | Broker Associate | Gravity Real Estate
Gravity Real Estate is an independent real estate brokerage servicing the South Florida real estate community
