
$2,049,999 USD
Commercial for Sale, 500 SW 8th Ave, Miami, Florida 33130
- MLS#A11902762
Listed By Re/Max Destination Realty
The Commercial Property for Sale located at 500 SW 8th Ave, Miami, Florida 33130 is currently for sale. 500 SW 8th Ave, Miami, Florida 33130 is listed for $2,049,999.
Property features
Lot/Land
- Land/Lot size:
539 m² (5,800 ft²)
Construction
- Year built: 1925
Description
PRICED TO SELL!!!!!PRIME LITTLE HAVANA INVESTMENT: Fully Renovated 6-Unit Multifamily with 6.37% 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 $14,100 per month in rental income, translating to a strong 6.37% 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.
Location
500 SW 8th Ave, Miami, Florida 33130