500 SW 8th AVE, Miami FL 33130

HORNERS ADDN

$1,749,999
12 Bedrooms
6 Bathrooms
4,608 SQFT
$380 / SQFT

Request Information

Thomas Pichet
Thomas Pichet
+1 561-945-4345
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$1,749,999
500 SW 8th AVE, Miami FL 33130
HORNERS ADDN
12 Beds
6 Baths
4,608 SQFT

Key Information

Lot Size 5,800 sqft
Year Built 1925
City Miami
Neighborhood The Roads
Price/sqft $380/sqft
DOM 59 Days
MLS # A12004679
Status Active

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.

Location

Property Information

  • Price: $1,749,999
  • Prices/sqft: $380/sqft
  • Tax Year: 2025
  • Tax annual amount: $24,355

  • Property subtype : Single Family Residence
  • Property type : residential
  • MLS # : A12004679
  • Front Exposure: Southwest
  • Stories: 2
  • View: None

  • Design Description: Detached, Other, Two Story
  • Construction: Frame,Stucco
  • Year Built Details: Resale

  • Pool Features: None

  • City: Miami
  • County: Miami-Dade
  • State: FL
  • Parcel Number: 01-41-38-006-0180
  • Subdivision Complex Bldg: HORNERS ADDN
  • Zoning Information: 3901

  • Garage Spaces: 0.0
  • Parking Description: None
  • Carport Spaces: 0.0

  • Heating Description: Central
  • Cooling Description: Central Air
  • Water Description: Public
  • Sewer Description: Public Sewer

  • Room Count: 0
  • Interior Features: Second Floor Entry, First Floor Entry, Other
  • Exterior Features: Balcony, None
  • Patio and Porch Features: Balcony, Open

Contact

Thomas Pichet
Thomas Pichet
CEO & Broker
+1 561-945-4345
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