Miami, 33130,500 SW 8th AVE
Miami, 33130,500 SW 8th AVE
Miami, 33130,500 SW 8th AVE
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Billee Silva, PA, ABR SRS

Billee Silva, PA, ABR SRS

+1(239) 247-2490
$1,899,999
Est. payment /mo
4,608 SqFt
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UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 4,608 sqft

Price per Sqft $412

MLS Listing ID 2025025098

Style Low Rise

HOA Y/N No

Year Built 1925

Annual Tax Amount $22,803

Tax Year 2024

Lot Size 5,662 Sqft

Acres 0.13

Property Sub-Type Multi Family

Property Description

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.

Location

County Miami-dade

Area Oa01 - Out Of Area

Rooms

Bedroom Description NaN

Interior

Furnishings Furnished

Fireplace No

Exterior

Utilities Available Electricity Available, Other, Water Available

Waterfront Description None

Garage No

Building

Story 2

Architectural Style Low Rise

Others

Senior Community No

Tax ID 01-4138-006-0180

Security Features Fire Sprinkler System

Virtual Tour https://www.propertypanorama.com/instaview/fgcmls/2025025098

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Listed by Re/Max Destination Realty • Joey Fumero-Manso

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Billee Silva, PA, ABR SRS

Billee Silva, PA, ABR SRS

+1(239) 247-2490

Licensed Realtor | License ID: P3275278

Licensed Realtor License ID: P3275278

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500 SW 8th AVE