Turnkey Renovated 6-Unit
500 SW 8th Ave Miami, FL 33130
For Sale
$1,899,999
Fully renovated six-unit property with updated roof and HVAC, featuring 2BR/1BA layouts.
Days on Market75
Property Features for 500 SW 8th Ave
General Information
- Standard status
- Active
- Property subtype
- Commercial
Building Details
- Year Built
- 1925
Listing Agency:
Sellstate 5 Star Realty
(786) 400-6373
Listed By:
Joey Fumero-Manso · License #279646883
(786) 400-6373
Source:
Elliman
Added: May 10
Changed: Jul 22
Last Checked: Jul 23 at 9:53AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Sellstate 5 Star Realty
Investment Insights
Based on property information with market context.
This turnkey renovated 6-unit multifamily property is configured with six 2BD/1BA residences totaling 4,608 SF. The building has completed major upgrades, including 40 and 50-year recertifications (2024–2025), a new permitted roof (2024), and replacement of all A/C systems (2023).
The property is located in Miami’s Little Havana area. Reported performance is $13,900/month in income and a 6.72% cap rate from day one. WalkScore is 93, BikeScore is 62, and transitScore is 54.
For sale as a stabilized, low-maintenance rental asset based on the completed capital improvements and existing in-place revenue.
The property is located in Miami’s Little Havana area. Reported performance is $13,900/month in income and a 6.72% cap rate from day one. WalkScore is 93, BikeScore is 62, and transitScore is 54.
For sale as a stabilized, low-maintenance rental asset based on the completed capital improvements and existing in-place revenue.
Key Highlights
- Fully renovated 6‑unit multifamily built in 1925 with 2BR/1BA unit layouts
- 4,608 SF building features six spacious 2BR/1BA apartments
- Income reported at $13,900/month with a 6.72% cap rate
Property Analytics
Location Intelligence
Current Use by Public Records
Apartment buildings
FAQs
What type of property is this?
Apartment building - Fully renovated six-unit property with updated roof and HVAC, featuring 2BR/1BA layouts.
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: Fully renovated 6‑unit multifamily built in 1925 with 2BR/1BA unit layouts; 4,608 SF building features six spacious 2BR/1BA apartments; Income reported at $13,900/month with a 6.72% cap rate
