500 SW 8th Ave, Miami FL 33130

HORNERS ADDN

$1,649,999
12 Chambres
6 Salle de Bains
4,658 SQFT
$354 / SQFT

Demande d'informations

Thomas Pichet
Thomas Pichet
+1 561-945-4345
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
$1,649,999
500 SW 8th Ave, Miami FL 33130
HORNERS ADDN
12 Chbres
6 SDB
4,658 SQFT

Informations Clées

Taille du Lot 5,800 sqft
Année de Construction 1925
Ville Miami
Quartier Riverside
Prix/sqft $354/sqft
DOM 16 Jours
MLS # A12075866
Statut Active

Description

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.

Informations sur la Propriété

  • Prix: $1,649,999
  • Prix/sqft: $354/sqft
  • Tax Year: 2025
  • Tax annual amount: $24,355

  • Property subtype : Single Family Residence
  • Property type : residential
  • MLS # : A12075866
  • Front Exposure: Southwest
  • Stories: 2
  • View: None

  • Design Description: Detached, Other, Two Story
  • Construction: Block,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: Driveway, Other, On Street
  • 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
  • Equipment Appliances: Other, Refrigerator
  • Security features: Fire Sprinkler System
  • Exterior Features: Balcony, Lighting, Porch
  • Patio and Porch Features: Balcony, Open, Porch

Contact

Thomas Pichet
Thomas Pichet
CEO & Broker
+1 561-945-4345
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and GLOBALTY INVESTMENT expressly disclaims any liability in connection therewith. No financial or legal advice provided.

Details provided by GLOBALTY and may not match the public record. All listings featuring the MLS logo are provided by Realtors® of the Palm Beaches and Greater Fort Lauderdale, Inc. Copyright 2026 Realtors® of the Palm Beaches and Greater Fort Lauderdale, Inc. This information is not verified for authenticity or accuracy and is not guaranteed.

The data relating to real estate for sale on this web site comes in part from the MLS data exchange program of the Realtors® of the Palm Beaches and Greater Fort Lauderdale, Inc. Real estate listings held by brokerage firms other than GLOBALTY are marked with their logo or name and detailed information about such listings includes the name of the listing brokers. Data provided is deemed reliable but is not guaranteed. Information is provided for consumers' personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase.

The multiple listing information is provided by the Miami Association of REALTORS® from a copyrighted compilation of listings. The compilation of listings and each individual listing are © 2026 Miami Association of REALTORS®. All Rights Reserved. The information provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal.