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 PROPERTY 500 8th Ave , MIAMI, FL 33130, MLS#2025025098 - Commercial Sale
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Hardeep Kumar Yh

HR Moon Homes
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  4. 500 8th Ave , MIAMI, FL 33130
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500 8th Ave
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PRICED AT ONLY: $1,899,999

Address: 500 8th Ave , MIAMI, FL 33130

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.

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  • MLS#: 2025025098 ( Commercial Sale )
  • Street Address: 500 8th Ave
  • Viewed: 8
  • Price: $1,899,999
  • Price sqft: $412
  • Waterfront: No
  • Waterfront Type: None
  • Year Built: 1925
  • Bldg sqft: 4608

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.
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Features
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  • Utilities: Electricity Connected, Other, Water Connected
Finance and Tax Information
  • Tax Year: 2024
Other Features
  • Parcel Number: 01-4138-006-0180
  • Zoning Code: 3901
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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

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  1. MLSID: 2025017041
  2. Provided by Re/Max Destination Realty
  3. Contact Joey Fumero-Manso
  4. (239) 432-9030
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