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500 SW 8th Avenue, Miami, FL 33130
Active
33 Days on Market
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All Listings

$1,649,999

500 SW 8th Avenue

Miami, FL 33130

HORNERS ADDN

Explore the area: Miami homes for sale · Miami Dade County real estate

How this price compares

List price
$1,649,999
Price per sq ft
$354
Original price
Unchanged
Days on market
33

This 12-bedroom single-family home in ZIP 33130 is listed at $1,649,999, or $354 per square foot. It has been on the market for 33 days.

12
Bedrooms
6
Bathrooms
4,658
Living Sq Ft
1925
Year Built

Estimated monthly payment

$8,671 /mo

Principal and interest only, based on $330,000 down (20%), a 6.875% 30-year fixed rate. Property taxes, homeowners insurance are not included.

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Listing Snapshot

Price
$1,649,999
Days on Site
33 Days
Bedrooms
12
Total Baths
6
Full Baths
6
Partial Baths
0
Living Area
4,658 sqft
Total Sq Ft
4,658 sqft
Lot Size
0.13 Acres
Year Built
1925
Property Type
Single Family
MLS #
A12075866
Property Tax
$24,355 (2025)
Subdivision
HORNERS ADDN
County
Miami Dade
Status
Active
Special Conditions
Listed As Is

About This Property

Exceptional investment opportunity in the heart of Little Havana. This income-producing asset consists of two detached buildings featuring a uniform mix of six fully renovated 2-bedroom, 1-bathroom units. Operating with an efficient 31.83% expense ratio, the property generates a Net Operating Income (NOI) of $115,144.50, representing an approximate 6.98% cap rate based on a $1,649,000 purchase price.Ownership has invested over $200,000 in recent capital improvements, helping minimize future capital expenditures and offering a turnkey ownership opportunity. Major upgrades include complete interior renovations (2022), new permitted roofs (2024), new exterior stucco and paint (2024), roof-mounted mini-split HVAC systems (2024), plumbing improvements, and fully upgraded electrical systems with new main service entries and meter boxes (2025/2026).For additional confidence, the City of Miami 40- and 50-year structural recertifications have been fully completed and approved. Ideally located near Brickell, Downtown Miami, the Health District, and major employment and transportation corridors, the property benefits from strong rental demand and long-term appreciation potential associated with Miami's continued growth and development.A stabilized multifamily asset with established income, extensive recent improvements, completed recertifications, and a central Little Havana location.

MLS media link

General Features

Property Type
Single Family
Status
Active
Year Built
1925
Property Condition
Resale
Number of Stories
2
Levels
Two
Garage Spaces
0
Parking
Driveway / On Street
Direction Faces
Southwest
Lot Size (Acres)
0.13
Living Sq Ft
4,658
Total Sq Ft
4,658
Sewer
Public Sewer
Water Source
Public
Zoning
3901

Interior Features

Appliances
Refrigerator
Cooling
Central Air
Heating
Central
Flooring
Vinyl
Interior Features
Other

Exterior Features

Construction
Block / Frame / Stucco
Roof
Shingle
Exterior Features
Balcony / Lighting / Outdoor Living Area
Architectural Style
Other
Patio & Porch
Open / Porch / Balcony

Community & HOA

Security
Fire Sprinkler System
Financing Terms
Cash / Conventional / Owner Will Carry
Restrictions
No Restrictions
MLS Area
2410

Schools

Elementary School
Riverside (Miami-Dade)
Middle School
Jose De Diego
High School
Booker T. Washington
Homes for Sale
1
Under Contract
0
Median List Price
$1,649,999
Median $/Sq Ft
$354
Avg Days on Market
33
View all 1 homes for sale in Horners Addn →
How do I schedule a tour of 500 SW 8th Avenue, Miami, FL 33130?
Use the Tour button on this listing to request a showing of 500 SW 8th Avenue, Miami, FL 33130. Pick a day and time and choose an in-person or video-chat tour, and a Pure Equity agent will confirm your visit, often the same day.
Is 500 SW 8th Avenue, Miami, FL 33130 still available?
500 SW 8th Avenue, Miami, FL 33130 is currently listed as Active, and has been on the market 33 days. Status updates directly from the MLS as homes go under contract, so ask us to confirm availability before you plan a visit.
How much is the monthly payment for 500 SW 8th Avenue, Miami, FL 33130?
With 20% down ($330,000) on the $1,649,999 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 500 SW 8th Avenue, Miami, FL 33130 is about $8,671/mo, before property taxes, insurance. Use the payment estimate on this page to adjust the down payment and rate.
How do I get pre-approved to buy 500 SW 8th Avenue, Miami, FL 33130?
Getting pre-approved shows sellers you're a serious buyer and clarifies your true budget before you offer on 500 SW 8th Avenue, Miami, FL 33130. Contact Pure Equity and we'll connect you with a trusted local lender to review your financing options, no obligation.
What schools serve 500 SW 8th Avenue, Miami, FL 33130?
500 SW 8th Avenue, Miami, FL 33130 is zoned for Riverside (Miami-Dade) (elementary), Jose De Diego (middle), Booker T. Washington (high). School assignments and boundaries can change year to year, so confirm current zoning with the local school district before you buy.
Can I negotiate the price of 500 SW 8th Avenue, Miami, FL 33130?
Often, yes. The right offer on 500 SW 8th Avenue, Miami, FL 33130 depends on how it's priced against comparable single family sales in Miami, how long it's been listed, and how motivated the seller is. Pure Equity will run the comps and help you craft a competitive, well-supported offer.

Listing courtesy of Sellstate 5 Star Realty

Listing information is provided by BeachesMLS, Inc.and is deemed reliable but not guaranteed accurate by the MLS or Pure Equity. Information is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties. © 2026 BeachesMLS, Inc. Last updated August 30, 2026.

$1,649,999

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Listed by Joey Fumero-Manso, Sellstate 5 Star Realty

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