Description
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...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.
- Listed by Joey Fumero-Manso • Sellstate 5 Star RealtyP: (239)-491-2430 C: (786)-400-6373 jfumero.re@gmail.com
Property Details for 500 Southwest 8th Avenue
Property Details for 500 Southwest 8th Avenue
| Status | Active |
|---|---|
| MLS # | A12004679 |
| Days on Market | 18 |
| Taxes | $24,355 / year |
| HOA Fees | - |
| Condo/Co-op Fees | - |
| Property Type | Single Family |
| MLS Type | Single Family / Single |
| Year Built | 1925 |
| Lot Size | 0.13 AC / 5,800 SF |
| County | Miami-Dade County |
Location
Building Information for 500 Southwest 8th Avenue
Payment Calculator
$11,340 per month
30 year fixed, 6.46% Interest
$9,311
$2,030
$0
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1Property Information for 500 Southwest 8th Avenue
- Parcel Number Free Text: 01-41-38-006-0180
- Parcel Number MLX: 0180
- MLS Area: 30
- Municipal Code: 18
- Township Range: 41
- Section: 38
- Subdivision Number: 6
- Subdivision Complex Bldg: HORNERS ADDN
- Zoning Information: 3901
- Num Garage Spaces: 0
- Num Carport Spaces: 0
- Carport Spaces: 0
- Parking Description: None
- Front Exposure: South West
- Housing Older Persons Act: No HOPA
- Property Sq Ft: 5800
- Lot Description: Less Than 1/4 Acre Lot
- Pool: No
- Design: Detached
- Design Description: Two Story, Other
- Construction: Frame With Stucco
- Construction Type: Frame With Stucco
- Roof Description: Composition Roll
- Flooring: Vinyl Floors
- Floor Description: Vinyl Floors
- Virtual Tour: https://www.propertypanorama.com/instaview/mia/A12004679
- Rooms Description: Other
- Bedroom Description: Other
- Heating Description: Central Heat
- Cooling Description: Central Cooling
- Water Description: Municipal Water
- Sewer Description: Municipal Sewer
- Guest Accommodations: No
- Room Count: 0
- Interior Features: First Floor Entry, Second Floor Entry
- Equipment Appliances: Fire Alarm
- Exterior Features: None, Open Balcony
- Subdivision Information: No Subdiv/Park Info
- Total Mortgage: $1,042,064
- Type of Association: None
- Flood Zone: AE
- Tax Year: 2025
- Tax Information: Tax Reflects City & County Tax
- Special Information: As Is
Property History for 500 Southwest 8th Avenue
| Date | Event & Source | Price | Appreciation |
|---|---|---|---|
| May 5, 2026 | Price Change MiamiRE #A12004679 | $1,849,000 | — |
| Apr 20, 2026 | Listed (Active) MiamiRE #A12004679 | $1,899,999 | — |
| Dec 22, 2025 | Price Change FORTMLS #2025025098 | $1,899,999 | — |
| Dec 19, 2025 | Price Change FORTMLS #2025025098 | $2,049,999 | — |
| Dec 17, 2025 | Listed (Active) FORTMLS #2025025098 | $2,200,000 | — |
| Nov 9, 2021 | Sold MiamiRE #A11001253 | $820,000 | — |
| Aug 25, 2021 | Pending MiamiRE #A11001253 | — | |
| Feb 18, 2021 | Listed (Active) MiamiRE #A11001253 | $899,000 | — |
| Nov 13, 2015 | Expired MiamiRE #A2033473 | — | |
| Nov 13, 2014 | Listed (Active) MiamiRE #A2033473 | $499,000 | — |
| Date | Event & Source | Price |
|---|---|---|
| 05/05/2026 | Price Change MiamiRE #A12004679 | $1,849,000 |
| 04/20/2026 | Listed (Active) MiamiRE #A12004679 | $1,899,999 |
| 12/22/2025 | Price Change FORTMLS #2025025098 | $1,899,999 |
| 12/19/2025 | Price Change FORTMLS #2025025098 | $2,049,999 |
| 12/17/2025 | Listed (Active) FORTMLS #2025025098 | $2,200,000 |
| 11/09/2021 | Sold MiamiRE #A11001253 | $820,000 |
| 08/25/2021 | Pending MiamiRE #A11001253 | — |
| 02/18/2021 | Listed (Active) MiamiRE #A11001253 | $899,000 |
| 11/13/2015 | Expired MiamiRE #A2033473 | — |
| 11/13/2014 | Listed (Active) MiamiRE #A2033473 | $499,000 |
For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Schools near 500 Southwest 8th Avenue
Rating | School | Type | Grades | Distance |
|---|---|---|---|---|
| Public - | PK to 5 | |||
| Public - | PK to 8 | |||
| Public - | 6 to 8 | |||
| Public - | 9 to 12 |
Rating | School | Distance |
|---|---|---|
Riverside Elementary Community School PublicPK to 5 | ||
Air Base K-8 Center for International Education PublicPK to 8 | ||
Jose De Diego Middle School Public6 to 8 | ||
Robert Morgan Voc-Tech Institute Public9 to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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Listing Courtesy of Sellstate 5 Star Realty
Based on information from one of the following Multiple Listing Services: Beaches Multiple Listing Service, Inc., Martin County REALTORS® of the Treasure Coast, Inc., Miami Association of REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Beaches Multiple Listing Service, Inc., Martin County REALTORS® of the Treasure Coast, Inc., Miami Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.
