500 SW 8th AVE, Miami, Florida 33130 USA

$1,849,000  Single Family MLS® A12004679

Property Details

  • Beds
    12
  • Baths
    6
  • Living Area
    4,608
  • HOA Fees
  • Year Built
    1925
  • Subdivision
    HORNERS ADDN
  • Community
    HORNERS ADDN

About this Property

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 Tour

Property Location

Disclaimer

MIAMI Association of REALTORS® is not responsible for the accuracy of the information listed above. The data relating to real estate for sale on this website 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 website are marked with the IDX logo and detailed information about them includes the name of the listing brokers. Data provided is deemed reliable but not guaranteed. Copyright MIAMI Association of REALTORS®, MLS All rights reserved. This property is courtesy of Sellstate 5 Star Realty.

Property Details

  • $1,849,000
  • Beds
    12
  • Baths
    6
  • Living Area
    4,608
  • HOA Fees
  • Year Built
    1925
  • Subdivision
    HORNERS ADDN
  • Community
    HORNERS ADDN
Mortgage Calculator

Featured Properties

New Developments

© 2026 Coldwell Banker Realty. All Rights Reserved.
Disclaimer | Accessibility Statement

Equal Housing Lender | Realtor® | Designed by RESI - Real Estate Systems Integrators