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About This Home
This 0-bedroom, 0-bathroom residential multi family at 500 SW 8th Avenue in Miami, FL is listed for $1,899,999. Built in 1925, on a 0.13 acres lot.
PRICED TO SELL!!!!PRIME LITTLE HAVANA INVESTMENT: Fully Renovated 6-Unit Multifamily with 6.72% Cap Rate! A rare and fantastic turn-key investment opportunity in the heart of vibrant Little Havana! This fully renovated, stable 6-unit multifamily building generates an impressive $13,850 per month in rental income, translating to a strong 6.72% Capitalization Rate.
The property is built for durability and compliance: 40-Year Recertification is complete (2025), the roof was replaced in 2024 (with permit), and all A/C units/mini-splits were updated in 2023. 5 spacious 2-Bed/1-Bath units and 1 large 3-Bed/1-Bath unit, totaling 4,608 SF of living space. Located in a high-demand, appreciating area, this property is the perfect investment for a stable income stream and long-term appreciation.
Key Features
- Built in 1925
- 0.13 acre lot
- 2 stories
Property Details
Amenities
Monthly Cost Estimate
$10,162/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
500 SW 8th Avenue
Miami, FL 33130
Questions & Answers
This 0-bedroom, 0-bathroom residential multi family at 500 SW 8th Avenue is listed at $1,899,999. The estimated monthly payment is $8,233 based on 20% down at 6.5% interest.
Key features include: Built in 1925, 0.13 acre lot, 2 stories.
This property is listed by Joey Fumero-Manso and can be reached at 7864006373 or jfumero.re@gmail.com.
