500 SW 8th AVE Miami FL 33130 MLS #A12004679

500 SW 8th AVE
Miami, FL, 33130
$1,749,999
12 Beds
6 Baths
4,608 SqFt
0 Acres
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MLS #A12004679 image #0
TURNKEY MULTIFAMILY IN LITTLE HAVANA – 6.58% CAP RATE! a premium income asset features 2 detached buildings with a uniform mix of six fully renovated 2BR/1BA units. Operating with a lean 31.83% expense ratio, the property yields a strong $115,144.50 NOI at a $1,750,000 purchase price. Over $200k in recent capital upgrades eliminates near-term CapEx: full interior renovations (2022), new permitted roofs (2024), new exterior stucco/paint (2024), roof-mounted mini-split HVACs (2024), plumbing updates, and independent full electrical upgrades including new main service entries and meter boxes (2025/2026). BUYER PEACE OF MIND: City of Miami 40 & 50-year structural recertifications are fully approved and finalized. Unmatched location stability blocks from Brickell, Downtown, and the Health District. Perfect for 1031 exchange or private portfolio growth. Move immediately into optimized, stable cash flow from day one

Property Details

Price:
$1,749,999
MLS #:
A12004679
Status:
Active
Beds:
12
Baths:
6
Type:
Single Family
Subtype:
Single Family Residence
Subdivision:
HORNERS ADDN
Neighborhood:
hornersaddn
Listed Date:
Apr 20, 2026
Finished Sq Ft:
4,608
Total Sq Ft:
4,608
Year Built:
1925
Horners AddnHornersaddnHorners AddnNoneNo Restrictions

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Schools

Interior

Bathrooms
6 Full Bathrooms
Cooling
Central Air
Flooring
Vinyl
Heating
Central
Interior Features
First Floor Entry, Second Floor Entry, Other

Exterior

Architectural Style
Detached, Two Story, Other
Community Features
None
Construction Materials
Frame With Stucco
Direction Faces
Southwest
Exterior Features
None, Open Balcony
Lot Features
Less Than 1/4 Acre Lot
Parking Features
None
Patio And Porch Features
Open Balcony
Roof
Composition Roll
Security Features
Fire Alarm
View
None

Financial

Tax Year
2025
Taxes
$24,355

Map

Community

Subdivisions in Miami

Market Summary

Current real estate data for Single Family in Miami as of Jul 29, 2026
3,299
Single Family Listed
132
Avg DOM
586
Avg $ / SqFt
$1,716,670
Avg List Price

Property Summary

    Located in the HORNERS ADDN subdivision, 500 SW 8th AVE Miami FL is a Single Family for sale in Miami, FL, 33130. It is listed for $1,749,999 and features 12 beds, 6 baths, and has approximately 4,608 square feet of living space, and was originally constructed in 1925. The current price per square foot is $380. The average price per square foot for Single Family listings in Miami is $586. The average listing price for Single Family in Miami is $1,716,670. To schedule a showing of MLS#a12004679 at 500 SW 8th AVE in Miami, FL, contact your Julien Drieu agent at 7862380927.

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