500 8th St, Miami, FL, 33130
Property Features
- Status: Active
- Category: For Sale, Single Family Residence
- Type: Residential, Single Family Home
- Subdivision Name: HORNERS ADDN
- Bedrooms: 12
- Bathrooms: 6, 6
- Half Baths: 0
- Living Square Feet: 4608 sq ft
- Lot Size Square Feet: 5800 sq ft
- Area: 4608 sq ft
- Lot size, sq ft: 5800 sq ft
- Tax Year: 2025
- Tax Annual Amount: $24,355
- Original List Price: $1,899,999
- SubdivisionName: HORNERS ADDN
- DOM: 0
- ListOfficeName: Sellstate 5 Star Realty
- MLS ID: A12004679
- GarageSpaces: 0
- ListAOR: Miami Association of REALTORS®
Description
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Description:
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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Building Details
- ArchitecturalStyle: Detached, Two Story, Other
- Building Area Total: 4608 sq ft
- Parking Features: None
- Security Features: Fire Alarm
- View: None
- Carport Spaces: 0
- Building Name: HORNERS ADDN
- Covered Spaces: 0
- Construction Materials: Frame With Stucco
- NewConstructionYN: No
- Garage Spaces: 0
- Exterior material: Frame With Stucco
- Roof: Composition Roll
- Parking: None
Rooms
- Room Bedroom Features: Other
- Room Living Room Features: Other
Amenities & Features
- Features:
- CommunityFeatures: None
- ExteriorFeatures: None, Open Balcony
- Water Source: Municipal Water
- Patio & Porch Features: Open Balcony
- Architectural Style: Detached, Two Story, Other
- Waterfront available: No
- GarageYN: No
- AttachedGarageYN: No
- Sewer: Public Sewer
- Exterior Features: None, Open Balcony
- Cooling Y/N: Yes
- Cooling: Central Air
- CoolingYN: Yes
- Interior Features: First Floor Entry, Second Floor Entry, Other
- Heating: Central
- PoolPrivateYN: No
- Flooring: Vinyl
- FireplaceYN: No
Location
- Direction Faces: Southwest
- County: Miami-Dade County