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    500 SW 8Th Ave Miami, FL 33130

    Sponsored
    For Sale
    $1,899,999

    MULTI_FAMILY - Other - Miami, FL

    Lot size:
    0.13 Acres
    Days on Market:
    15
    Last Refresh:
    Jan 7 at 1:06 am

    Property Features for 500 SW 8Th Ave

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    APN
    01-4138-006-0180
    Lot size
    0.13 Acres

    Building Details

    Year built
    1925
    Floors in Building
    2
    Architectural style
    Other

    Re/Max Destination Realty (239) 432-9030

    Listing agent Joey Fumero-Manso (786) 400-6373 License #279646883

    Listing date Dec 24, 2025

    Copyright © 2026 Florida Gulf Coast Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Renovated Multifamily Investment Opportunity

    Located in Little Havana, this renovated multifamily building features six units. The property consists of five 2-bed/1-bath units and one 3-bed/1-bath unit, totaling 4,608 square feet of living space. The building generates $13,850 per month in rental income, translating to a 6.72% capitalization rate. The roof was replaced in 2024 with a permit, and all A/C units/mini-splits were updated in 2023. The 40-year recertification is complete as of 2025. The lot size is 0.13 acres.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Restaurant Law Firm Realty agency Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Food Market Grocery Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Miami
    County
    Miami-Dade
    State
    Florida
    Longitude
    -80.207691
    Latitude
    25.76876

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    FAQs

    What type of property is this?
    Apartment building - Fully renovated 6-unit multifamily in Little Havana with strong income.
    Where is this apartment building located?
    The property is located at 500 SW 8Th Ave Miami, FL.
    What is the asking price?
    The asking price for this property is $1,899,999.
    What are key features of this property?
    This property features: - High Income-Generating Potential: Generates $13,850 per month in rental income with a 6.72% Capitalization Rate.; - Fully Renovated & Turn-Key: Property is fully renovated, offering a turn-key investment opportunity.; - Durable & Compliant: 40-Year Recertification complete (2025), new roof (2024), and updated A/C units (2023).
    (786) 400-6373
    Request Owner's contact information
    500 SW 8Th Ave Miami, FL 33130
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    Miami, FL 33130
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    500 SW 8Th Ave Miami, FL 33130
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