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$1,899,999

500 SW 8th St, Miami FL 33130

Miami, FL 33130

High Pines

12

Bedrooms

6

Bathrooms

4,608

Sq Ft

1925

Year Built

About This Property

PRIME LITTLE HAVANA INVESTMENT: Fully Renovated 6-Unit Multifamily with 6.72% 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 $13,850 per month in rental income, translating to a strong 6.72% 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.

Property Details

Property Type Residential
Status Active
Lot Size 5,800 sq ft
Days on Market 1
MLS # 300c9c8f5c45e4c1a27b38c4548648df