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28796049
28796051

500 SW 8th Ave, Miami, FL 33130 For Sale

$1,750,000
226 days on market
Updated 4 days ago

N/A

Details
Property Type Multifamily
Sub Type Apartment Building
Square Footage 4,608
Net Rentable (SqFt) 4,608
Units 6
Cap Rate 6.58%
NOI $115,114
Occupancy 100%
Price per SqFt $380
Broker Co-Op Yes
Year Built 1925
Year Renovated 2025
Buildings 2
Stories 2
Lot Size (SqFt) 5,800
Zoning 3901
Investment Type Stabilized
Occupancy Date 01/04/2024

PRIME LITTLE HAVANA INVESTMENT:TURNKEY 6-UNIT WITH STRONG 6.72% CAP!

Marketing description

UNMISSABLE LITTLE HAVANA CASH FLOW MACHINE – TURNKEY 6-UNIT WITH STRONG 6.72% CAP! Opportunities like this don’t sit. This fully renovated 6-unit multifamily in the heart of Little Havana is already producing $13,900/month in income, delivering a solid 6.72% cap rate from day one. Every major upgrade is DONE—2025 40 & 50-year recertifications completed, new roof (2024, permitted), and all A/C systems replaced in 2023—giving you a low-maintenance, high-confidence investment for years to come. The property features six spacious 2BD/1BA units across 4,608 SF, designed to attract and retain quality tenants in one of Miami’s most in-demand rental markets. Located in a rapidly appreciating area with consistent rental demand, this is the kind of asset investors wait for—stable cash flow now, upside tomorrow. Secure it before someone else does.

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Loan Amount
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Annual Debt Service
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Annual Cash Flow
$115,114.00
$9,592.83/mo

Valuation Metrics

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DSCR
6.58%
Cap Rate
6.58%
ROI

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