500 SW 8th Ave

$1,899,999
Price
Beds
Baths
4,608 Sq. Ft.
$412 / Sq. Ft.
4,608
Sq. Ft.
$412
per Sq. Ft.

Description

Priced to sell! PRIME LITTLE HAVANA INVESTMENT: Fully Renovated 6-Unit Multifamily with 6.72% Cap Rate! A rare and fantastic turn-key investment opportunity in the heart of vibrant Little Havana! This fully renovated, stable 6-unit multifamily building generates an impressive $13,850 per month in rental income, translating to a strong 6.72% Capitalization Rate. The property is built for durability and compliance: 40-Year Recertification is complete (2025), the roof was replaced in 2024 (with permit),...Priced to sell! PRIME LITTLE HAVANA INVESTMENT: Fully Renovated 6-Unit Multifamily with 6.72% Cap Rate! A rare and fantastic turn-key investment opportunity in the heart of vibrant Little Havana! This fully renovated, stable 6-unit multifamily building generates an impressive $13,850 per month in rental income, translating to a strong 6.72% Capitalization Rate. The property is built for durability and compliance: 40-Year Recertification is complete (2025), the roof was replaced in 2024 (with permit), and all A/C units/mini-splits were updated in 2023. 5 spacious 2-Bed/1-Bath units and 1 large 3-Bed/1-Bath unit, totaling 4,608 SF of living space. Located in a high-demand, appreciating area, this property is the perfect investment for a stable income stream and long-term appreciation.
  1. Listed by Joey Fumero-Manso • Re/Max Destination Realty • jfumero.re@gmail.com

Property Details for 500 Southwest 8th Avenue

Building Design
Low Rise (1-3)
Waterfront
No
Waterfront Desc
None
Waterfront Desc
None
View
None/Other
LISTING UPDATED: 12/24/2025 04:22 PM

Property Details for 500 Southwest 8th Avenue

StatusActive
MLS #2025025098
Days on Market19
Taxes$22,803 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeCommercial Sale / Multi Family
Year Built1925
Lot Size0.13 AC / 5,662 SF
CountyMiami-Dade County

Location

Listing Courtesy of Re/Max Destination Realty
Add your commute

Building Information for 500 Southwest 8th Avenue

Stories2Residences-Year Built1925Building Size-Lot Size0.13 AC / 5,662 SF

Payment Calculator

$11,161 per month

30 year fixed, 6.15% Interest

Principal and Interest

$9,260

Property Taxes

$1,900

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 500 Southwest 8th Avenue

Summary
Location and General Information
  • City: Miami
  • Human Modified: Yes
  • Latitude: 25.77
  • Longitude: -80.21
  • MLS Area Major: OA01 - Out of Area
  • Postal Code: 33130
  • Street Direction Prefix: SW
  • Street Name: 8th
  • Street Number: 500
  • Street Suffix: AVE
  • Full Address: 500 SW 8th AVE
Parking
  • Covered Spaces: .00
Taxes and HOA Information
  • Amenity Rec Fee: $.00
  • Application Fee: $.00
  • Association Fee Total Frequency: Annually
  • Association Fee 2: $.00
  • Tax Annual Amount: $22,803.00
  • Tax Year: 2024
  • Transfer Fee: $.00
  • Association Fee 3: $.00
Property
Lot Information
  • Parcel Number: 01-4138-006-0180
  • Property Type: Commerical
  • Acres: 0.13
  • Lot Size Area: 0.13
  • Source of Measurements: Survey
  • Lot Size Units: Acres
  • Legal Desc: HORNERS ADDN PB B-160 BEG NE COR LT 32 S45.87FT W84.40
Property and Assessments
  • Total Area: 4608.0
  • Property Sub Type: Multi Family
  • Special Assessment: 0.00
  • Year Built Numeric: 1925
  • Zoning Code: 3901
Lease Information
  • Land Lease Fee: $.00
  • Lease Considered: No
  • Sale Or Lease Includes: Building And Land
  • One Time Land Lease Fee: $.00
  • One Time Mandatory Club Fee: $.00
  • One Time Othe Fee: $.00
  • One Time Special Assessment Fee: $.00
Utilities
  • Sewer: None
  • Utilities: Electricity Available, Other, Water Available
  • Water: None
Multi Family
Multi-Family Information
  • Annual Food And Beverage Minimum: 0.00
  • Total Floors: 2
Interior and Exterior Features
Exterior Features
  • Architectural Style: Low Rise
  • Canal Width: None
  • Exterior Features: None
  • Security Features: Fire Sprinkler System
  • Gulf Access: No
Interior Features
  • Cooling: Yes
  • Elevator Text Details: None
  • Heating: Yes
  • Interior Features: Fire Sprinkler
Rental
Rental Information
  • One Time Rec Lease Fee: $.00

Property History for 500 Southwest 8th Avenue

DateEvent & SourcePriceAppreciation
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
DateEvent & SourcePrice
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

This home is within Miami-Dade County Public Schools.
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

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.

Similar Homes

Similar Sold Homes

500 Southwest 8th Avenue is a multi-family home for sale in Miami, FL 33130. This property was listed for sale on December 17, 2025 by Re/Max Destination Realty, it's currently listed at $1,899,999. It has been on the market for a total of 19 days and was last sold on November 9, 2021. This listing's school district is Miami-Dade County Public Schools. Nearby schools include Riverside Elementary Community School, Air Base K-8 Center for International Education and Jose De Diego Middle School. 500 Southwest 8th Avenue is a 0-bed, 0-bath, 4,608 sqft multi-family home built in 1925.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Re/Max Destination 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.