Coconut Grove New Developments 2026: The Complete Guide to Every New Luxury Project

500 SW 8th AVE
Miami, FL, 33130
$1,849,000
12 Beds
6 Baths
4,608 SqFt
0 Acres
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MLS #A12004679 image #0
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 Details

Price:
$1,849,000
MLS #:
A12004679
Status:
Pending
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 Jun 04, 2026
3,458
Single Family Listed
132
Avg DOM
586
Avg $ / SqFt
$1,710,377
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 $1,849,000 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 $401. The average price per square foot for Single Family listings in Miami is $586. The average listing price for Single Family in Miami is $1,710,377. 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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