500 SW 8th AVE

12-bedroom house for sale in Miami

$1,849,000
Price - 3 %
Beds
12
Baths
6
Living Area
4608 Sq. Ft
Price per Sq. Ft.
$401
Living Area м2
428 м2
Price per м2
$ 4 319
Overview:
% Change: - 3 %
Living Area 4608 Sq. Ft.
Living Area м2 428 м2
Days On Market 58
Tax Annual Amount 24355
Year Build 1925
MLS# A12004679

Description:

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 Features:

Address
FL, Miami
Street Name
8th AVE
Street Number
500
Property Type
Residential / Single Family Residence
View
None
Architectural Style
Detached, Other, TwoStory
Flooring
Vinyl
Cooling
Central Air
Last Modification
2026-06-11 21:45:53
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Exterior Features
  • Balcony
  • None
Interior Features
  • Second Floor Entry
  • FirstFloorEntry
  • Other
Parking Features
  • None
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12-bedroom home for sale in Miami - 500 SW 8th AVE - MondialRealty
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