Miami, FL 33130 500 SW 8th St
$2,200,000
39 more
Presented By: This listing is courtesy of Re/Max Destination Realty;
Beds • 6
Baths • 6
SQFT • 4,608
Home Details
PRIME LITTLE HAVANA INVESTMENT: Fully Renovated 6-Unit Multifamily with 5.94% 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 $14,100 per month in rental income, translating to a strong 5.94% 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.
Presented By: This listing is courtesy of Re/Max Destination Realty;
Interior Features for 500 SW 8th St
Bathrooms
Total Baths
Other Interior Features
Air Conditioning Y/NNo
Basement (Y/N)No
Fireplace Y/NNo
Heating Y/NNo
General for 500 SW 8th St
Additional Parcels Y/NNo
Attached Garage No
Carport Y/NNo
CityMiami
CountyMiami-Dade
Garage Y/NNo
HOANo
Home Warranty Y/NNo
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
Legal DescriptionHORNERS 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
Lot Size Square Feet5800.0
Lot Size UnitsSquareFeet
MLS Area41
MobileHomeRemainsYNNo
New ConstructionNo
Number Of Units Total6
Occupancy TypeTenant
PostalCityMiami
Property Attached Y/NNo
Property Sub Type AdditionalMultiFamily
Property SubtypeMultiFamily
Property TypeCommercialSale
Rent Control Y/NNo
Senior Community Y/NNo
Standard StatusActive
StatusActive
Structure TypeApartment
Tax Annual Amount22803.0
Virtual TourClick here
Year Built1925
Zoning Description3901
Exterior for 500 SW 8th St
Building Area Total4608.0
Covered Spaces0.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot Size Area5800.0
Private PoolNo
SpaNo
Waterfront Y/NNo
Additional Details
Price History
Karla Nunez Guillen
Realtor®
