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Renovated Multifamily in Little Havana

500 Southwest 8th Avenue, Miami, FL 33130

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For Sale

$1,899,999

Fully renovated 6-unit multifamily property in Little Havana.

Type:Commercial Sale / Multi Family

Property size:

4,608 SF

Price / SF:

$412/SF

HighLights

High income‑generating potential: generates $13,850 per month in rental income with a 6.72% capitalization rate.
Fully renovated & turn‑key: completely renovated, offering a hassle‑free, ready‑to‑rent investment.
Durable & compliant: recent updates include a new roof (2024), updated A/C units (2023), and completed 40‑year recertification (2025).
Prime location in Little Havana: situated in a high‑demand, appreciating area.
Multifamily structure: features 6 units (5 x 2‑bed/1‑bath & 1 x 3‑bed/1‑bath) totaling 4,608 sf.
Equipped with a fire sprinkler system for enhanced safety.

We can help!

Listing Contact

Joey Fumero-Manso

Learn more

For Sale

$1,899,999

Fully renovated 6-unit multifamily property in Little Havana.

Type:Commercial Sale / Multi Family

Property size:

4,608 SF

Price / SF:

$412/SF

Added:: Oct 22, 2025
Days on Market:: 230
Last Refresh:: Mar 13 at 10:13 am

Property Features for 500 Southwest 8th Avenue

General Information

Standard status: Active
Size: 4,608 SF
Property subtype: Commercial Sale / Multi Family

Building Details

Year Built: 1925

We can help!

Listing Contact

Joey Fumero-Manso

Listing agent Joey Fumero-Manso License #279646883

Listing office Re/Max Destination Realty

Listing date Oct 22, 2025

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All listing content including descriptions, pricing, images are the copyrighted material of Re/Max Destination Realty

HighLights

High income‑generating potential: generates $13,850 per month in rental income with a 6.72% capitalization rate.
Fully renovated & turn‑key: completely renovated, offering a hassle‑free, ready‑to‑rent investment.
Durable & compliant: recent updates include a new roof (2024), updated A/C units (2023), and completed 40‑year recertification (2025).
Prime location in Little Havana: situated in a high‑demand, appreciating area.
Multifamily structure: features 6 units (5 x 2‑bed/1‑bath & 1 x 3‑bed/1‑bath) totaling 4,608 sf.
Equipped with a fire sprinkler system for enhanced safety.

Overview

This fully renovated 6-unit multifamily building is located in Little Havana. The property consists of five 2-bedroom, 1-bath units and one 3-bedroom, 1-bath unit, totaling 4,608 square feet of living space. The building's 40-year recertification was completed in 2025, and the roof was replaced in 2024 with a permit. All A/C units and mini-splits were updated in 2023. The property generates $13,850 per month in rental income, translating to a 6.72% capitalization rate. This property is suitable for long-term investment.

Location Intelligence

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Apartment buildings

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Local Demand

City: Miami
County: Miami-Dade
State: Florida
Longitude: -80.207604
Latitude: 25.76886

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For sale
Apartment buildings
FL
Miami
33130
500 Southwest 8th Avenue

What type of property is this?

Apartment building - Fully renovated 6-unit multifamily property in Little Havana.

Where is this apartment building located?

The property is located at 500 Southwest 8th Avenue 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: completely renovated, offering a hassle‑free, ready‑to‑rent investment.; Durable & compliant: recent updates include a new roof (2024), updated A/C units (2023), and completed 40‑year recertification (2025).