500 SW 8th AVE, Miami FL 33130
$1,849,000
$401.26/Sq Ft
- 12 Beds
- 6 Baths
- N/A Parking
- 4608 ft²
Description
PRIME LITTLE HAVANA CASH FLOW – STABILIZED 6-UNIT WITH ~$130K NOI
Turnkey investment opportunity in the heart of Little Havana. This fully renovated 6-unit multifamily property is 100% occupied and producing $13,900/month ($166,800/year) with a strong ~$130K NOI from day one.
Built for durability and peace of mind, the property has already completed its 40 & 50-year recertifications and features recent upgrades throughout—minimizing deferred maintenance and maximizing investor confidence.
Each unit is well-maintained and leased, offering immediate, consistent cash flow with a clean expense profile. Ideal for investors seeking a stable, low-management asset in one of Miami’s most in-demand rental markets.
Investment Highlights:
6 fully leased units (100% occupied)
Strong in-place income: $13,900/month
Approx. $130K Net Operating Income
Renovated property with completed recertifications
No deferred maintenance
High-demand rental location with proven occupancy
Located just minutes from Brickell, Downtown Miami, and major transit corridors, this asset benefits from continued rental demand and long-term growth fundamentals.
Opportunities like this—stabilized, renovated, and cash-flowing—are rare.
Seller is motivated and seeking a quick, clean transaction.
Marvel Avellanet
Real Estate Broker
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Technical Summary
| Price | $1,849,000 |
|---|---|
| Beds | 12 |
| Baths | 6 |
| Area | 4608 ft² |