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500 SW 8th Ave
Miami FL 33130 US

$1,649,999

Active Listing ID A12075866
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12 bed
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4,658 square feet
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6.00 Bath (6 Full)
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Lot: 0.13 Acres
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Single Family Residence

$1,649,999

Active Listing ID A12075866
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500 SW 8th Ave Exceptional investment opportunity in the heart of Little Havana. This income-producing asset consists of two detached buildings featuring a uniform mix of six fully renovated 2-bedroom, 1-bathroom units. Operating with an efficient 31.83% expense ratio, the property generates a Net Operating Income (NOI) of $115, 144.50, representing an approximate 6.98% cap rate based on a $1, 649, 000 purchase price. Ownership has invested over $200, 000 in recent capital improvements, helping minimize future capital expenditures and offering a turnkey ownership opportunity. Major upgrades include complete interior renovations (2022), new permitted roofs (2024), new exterior stucco and paint (2024), roof-mounted mini-split HVAC systems (2024), plumbing improvements, and fully upgraded electrical systems with new main service entries and meter boxes (2025/2026). For additional confidence, the City of Miami 40- and 50-year structural recertifications have been fully completed and approved. Ideally located near Brickell, Downtown Miami, the Health District, and major employment and transportation corridors, the property benefits from strong rental demand and long-term appreciation potential associated with Miami's continued growth and development. A stabilized multifamily asset with established income, extensive recent improvements, completed recertifications, and a central Little Havana location.

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Property Features

  • Facts
  • Lot Size: 0.13 Acres
  • Property Type: Residential
  • Property Sub-type: Single Family Residence
  • Features
  • Full Bathrooms: 6
  • Cooling System: Central Air
  • Exterior Finish: Balcony, Lighting, Porch
  • Floor Covering: Vinyl
  • Roof Type: Composition, Shingle
  • Heating Fuels: Central
  • Additional Features
  • Patio

Property

  • propertytype: Residential
  • propertysubtype: Single Family Residence
  • listprice: 1649999
  • unparsedaddress: 500 SW 8th Ave
  • postalcity: Miami
  • stateorprovince: FL
  • country: US
  • postalcode: 33130
  • bathroomsfull: 6
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeacres: 0.1331
  • lotsizeunits: Acres
  • lotsizearea: 0.1331
  • livingarea: 4658
  • livingareaunits: Square Feet
  • latitude: 25.768747
  • longitude: -80.207791
  • listagentfullname: Joey Fumero-Manso
  • listagentemail: jfumero.re@gmail.com
  • listagentkey: 3yd-MAORFL-3480525
  • listagentmlsid: 3480525
  • listagentpreferredphone: 7864006373
  • listagentofficephone: 7864006373
  • listofficekey: 3yd-MAORFL-SSSR01
  • listagentstatelicense: 3480525
  • listofficemlsid: SSSR01
  • disclaimer: Copyright © 2026 Miami REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
  • sourcesystemid: MAORFL
  • yearbuilt: 1925
  • listagenturl: https://www.sellstate5starrealty.com/
  • countyorparish: Miami-Dade
  • parcelnumber: 01-41-38-006-0180
  • appliances: Refrigerator
  • cooling: Central Air
  • constructionmaterials: Block, Frame, Stucco
  • flooring: Vinyl
  • heating: Central
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 2
  • parkingtotal: 0
  • parkingfeatures: Driveway, On Street
  • roof: Composition, Shingle
  • waterfrontyn: False
  • franchiseaffiliation: None
  • interiorfeatures: Second Floor Entry, First Floor Entry
  • exteriorfeatures: Balcony, Lighting, Porch
  • architecturalstyle: Other
  • rooms: Bedroom 4, Bedroom 2, Bedroom 10, Bedroom 8, Bathroom 4, Bathroom 6, Bedroom 9, Bedroom 11, Bathroom 5, Bedroom 7, Bedroom 1, Bedroom 3, Bathroom 1, Bathroom 2, Bedroom 12, Bedroom 5, Bathroom 3, Bedroom 6
  • patioandporchfeatures: Porch
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: True
  • internetconsumercommentyn: False
  • location: -80.207794, 25.768747
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"Sellstate 5 Star Realty", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "CustomSourceId":null, "Expenses":[], "GeocodeOptions":null, "LeadRoutingEmail":"jfumero.re@gmail.com", "ListBrokerageCity":"Lehigh Acres", "ListBrokerageCountry":"US", "ListBrokerageEmail":"rleyva1@gmail.com", "ListBrokerageLogoUrl":null, "ListBrokerageName":"Sellstate 5 Star Realty", "ListBrokeragePhone":"(239) 634-1198", "ListBrokeragePostalCode":"33936", "ListBrokerageStateOrProvince":"FL", "ListBrokerageUnitNumber":null, "ListBrokerageUnparsedAddress":"1130 Lee Ste A", "ListBrokerageWebsiteUrl":"https://www.sellstate5starrealty.com/", "ListOfficeAddress1":"1130 Lee Blvd Ste A ", "ListOfficeAddress2":null, "ListOfficeBrokerMlsId":"SSSR01", "ListOfficeCity":"Lehigh Acres", "ListOfficeCountry":"US", "ListOfficeEmail":"rleyva1@gmail.com", "ListOfficePostalCode":"33936", "ListOfficeStateOrProvince":"FL", "ListPriceCurrencyType":"USD", "ListingTitle":"Residential, Miami, FL", "ListingURL":"https://www.realtor.com/realestateandhomes-detail/500-SW-8th-St_Miami_FL_33130_M55450-87478?f=listhub&s=MAORFL&m=A12075866&c=rexren", "MLSModificationTimestamp":"2026-08-22 05:01:09", "Neighborhoods":[{"Description":null, "Name":"HORNERS ADDN"}], "PostalCode":null, "RoomCount":null, "StateOrProvince":null, "Taxes":[{"TaxAnnualAmount":24355, "TaxDescription":"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", "TaxYear":"2025"}], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 9/2/2026 5:27:15 PM GMT
Source Updated Date: 9/5/2026 12:48:18 AM GMT

Courtesy of: Joey Fumero-Manso, Sellstate 5 Star Realty, jfumero.re@gmail.com

Copyright © 2026 Miami REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.