500 SW 8th Avenue, Miami, FL 33130 (MLS# A12075866)

500 SW 8th Avenue, Miami, FL 33130

$1,649,999
Property Type: Residential Bedrooms: 12 Baths: 6 Square Footage: 4,658 Status: Active
Current Price: $1,649,999 List Date: 8/21/2026 Last Modified: 10/27/2026

Overview

Description

Exceptional investment opportunity in the heart of Little Havana! This income-producing multifamily property features two detached buildings with six fully renovated 2-bedroom, 1-bathroom units, generating $13,200 in monthly rental income and $158,400 in annual gross income. Offered at $1,650,000, the property delivers an estimated $105,304.50 Net Operating Income (NOI) and an approximate 6.38% capitalization rate based on current operating expenses.Ownership has invested over $200,000 in capital improvements, helping reduce near-term maintenance concerns and providing a turnkey investment opportunity. Major upgrades include complete interior renovations (2022), new permitted roofs (2024), exterior stucco and paint (2024), roof-mounted mini-split HVAC systems (2024), plumbing improvements, and upgraded electrical infrastructure with new main service entries and meter boxes (2025/2026). The City of Miami's 40- and 50-year structural recertifications have also been completed and approved ...

Listing Details MLS# A12075866

General Property Information

Property Sub Type
Single Family Residence
Bedrooms Total
12
Bathrooms Total
6
Bathrooms Full
6
Building Area Main
4658
Living Area Main
4658
Adjusted Area Main
2687
Year Built
1925
Lot Size Area
5800
Lot Size Acres
0.13
Senior Community YN
No
Outdoor Living Spaces YN
Yes
Stories Total
2
Direction Faces
Southwest
Pool Private YN
No

Property Features

Exterior Features: Lighting Flooring: Vinyl Parking Features: Driveway; On Street Property Condition: Resale Appliances: Refrigerator; Other Architectural Style: Other Construction Materials: Block; Frame; Stucco Cooling: Central Air Heating: Central Interior Features: Other Levels: Two Listing Terms: Cash; Conventional; Owner Will Carry Other Equipment: Other Possession: Close Of Escrow Restrictions: No Restrictions Road Frontage Type: Public Road Road Surface Type: Paved Roof: Shingle Security Features: Fire Sprinkler System Sewer: Public Sewer Special Information: Sold As-Is Tax Information: City/County Water Source: Public Showing Requirements: 24 Hour Notice Outdoor Living Spaces: Balcony; Porch Balcony Details: Balcony - Open Porch Details: Porch - Open Room Types: Other

Contract Information

Comp Sale YN
No
Original List Price
1649999
Occupant Type
Tenant

Location and Legal

Country
United States
County Or Parish
Miami-Dade
County Parish Name
Miami-Dade
Street Number
500
Street Direction Prefix
SW
Street Name
8th
Street Suffix
Avenue
City Name
Miami
Municipal Code
Yes
State Or Province
FL
Postal Code
33130
Postal Code +4
3414
Postal Zip
33130
Subdivision Name
HORNERS ADDN
Area
2410
Elementary School
Riverside (Miami-Dade)
Middle Or Junior School
Jose De Diego
High School
Booker T. Washington
Parcel Number
0141380060180
Subdivision Number
6
Zoning
3901
Flood Zone
AE

Financial Information

Membership Fee Required YN
No
Tax Annual Amount
24355
Tax Year
2025
Tax Legal Description
HORNERS ADDN PB B-160 BEG NE COR LT 32 S45.87FT W84.40 FT S9FT W30.647FT N54.87FT E115. 04FT TO POB LOT SIZE IRREGULAR OR 25762-4021 06 2007

Status Change Information

Major Change Timestamp
2026-08-21T04:00:00Z
Major Change Type
New Listing
Status Change Date
2026-08-21

More Information

Price Calculations

Current Price To SqFt
354.22

Section Details

Parcel Number MLX
0180

Originating Details

Originating System Key
557952784
Originating System ID
M00000151

Room Information

Room Name
Other
IDX
Listing Office: Sellstate 5 Star Realty
Source MLS Verified
Last Updated: October - 27 - 2026
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