500 SW 8th Ave, Miami FL 33130

Exceptional investment opportunity in Little Havana, Miami-Dade County. Located in the HORNERS ADDN subdivision, this residential property is a detached, two-story single-family residence originally built in 1925 and currently configured as two detached buildings with six fully renovated two-bedroom, one-bath units.
The 4,658-square-foot property sits on a 5,800-square-foot lot and offers established rental income, a 31.83 percent expense ratio, $115,144.50 in annual NOI, and an approximate 6.98 percent cap rate at the $1,649,000 purchase price. More than $200,000 has been invested in recent improvements, including complete interior renovations in 2022, permitted roofs in 2024, new exterior stucco and paint, roof-mounted mini-split HVAC systems, plumbing upgrades, and fully updated electrical systems with new main service entries and meter boxes completed in 2025 and 2026.
Additional features include central air, central heating, first- and second-floor entry, fire sprinklers, exterior lighting, an open balcony, refrigerator, driveway parking, other parking options, and on-street parking. The property has no specific view and includes an adaptable living room area. It is served by paved and public roads.
Situated near Brickell, Downtown Miami, the Health District, major employers, and transportation corridors, 500 SW 8th Ave, Miami FL 33130 benefits from strong rental demand. Miami offers year-round warm weather, beautiful beaches, vibrant dining, nightlife, cultural attractions, and excellent connectivity.
For details or to schedule a private conversation, call or text/WhatsApp +1 786.468.4380.