How much is 500 SW 8th Avenue?

500 SW 8th Avenue is listed at $1,649,999, which is about $354 per square foot. The listing page shows comparable active listings and recent closed sales nearby so you can judge the asking price against what buyers have actually paid.

What are the property taxes on 500 SW 8th Avenue?

The listing reports annual property taxes of $24,355 for 2025. Taxes are reassessed at the sale price after a purchase, so a new owner's bill can differ from the current owner's; use the mortgage calculator on this page for an estimate.

When was 500 SW 8th Avenue built?

500 SW 8th Avenue was built in 1925 and the listing describes its condition as resale. Age matters for insurance and financing in Florida: ask about the roof, the electrical panel and, for a condo built before the current code, the building's structural reserve study.

How long has 500 SW 8th Avenue been on the market?

500 SW 8th Avenue has been listed for 33 days. Days on market and price changes are the first signals of how much room there is to negotiate.

Which schools serve 500 SW 8th Avenue?

The MLS lists Riverside (Miami-Dade) (elementary), Jose De Diego (middle), Booker T. Washington (high). School assignments are set by the district and can change; verify them with the school board before you rely on them.

How do I see 500 SW 8th Avenue?

Request a showing from this page or call BreakThru Realty and a licensed agent will arrange a private tour, in person or by video, and answer anything the listing leaves out.

500 SW 8th Avenue, Miami, FL 33130

$1,649,999 · Active

12 beds
6 baths
4,658 sq ft
Single Family Residence
Built 1925
Lot 5,662.8 sq ft
MLS# A12075866
Horners Addn

About this home

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.

Features

Other
Lighting
Balcony

Schools

Elementary: Riverside (Miami-Dade)
Middle: Jose De Diego
High: Booker T. Washington

Presented by

BreakThru Realty · (786) 914-1017

Courtesy of

Sellstate 5 Star Realty · Listing agent: Joey Fumero-Manso

Schedule a showing

Call or text BreakThru Realty at (786) 914-1017 or email sales@breakthrurealty.com to see 500 SW 8th Avenue.

Questions About 500 SW 8th Avenue

How much is 500 SW 8th Avenue?: 500 SW 8th Avenue is listed at $1,649,999, which is about $354 per square foot. The listing page shows comparable active listings and recent closed sales nearby so you can judge the asking price against what buyers have actually paid.
What are the property taxes on 500 SW 8th Avenue?: The listing reports annual property taxes of $24,355 for 2025. Taxes are reassessed at the sale price after a purchase, so a new owner's bill can differ from the current owner's; use the mortgage calculator on this page for an estimate.
When was 500 SW 8th Avenue built?: 500 SW 8th Avenue was built in 1925 and the listing describes its condition as resale. Age matters for insurance and financing in Florida: ask about the roof, the electrical panel and, for a condo built before the current code, the building's structural reserve study.
How long has 500 SW 8th Avenue been on the market?: 500 SW 8th Avenue has been listed for 33 days. Days on market and price changes are the first signals of how much room there is to negotiate.
Which schools serve 500 SW 8th Avenue?: The MLS lists Riverside (Miami-Dade) (elementary), Jose De Diego (middle), Booker T. Washington (high). School assignments are set by the district and can change; verify them with the school board before you rely on them.
How do I see 500 SW 8th Avenue?: Request a showing from this page or call BreakThru Realty and a licensed agent will arrange a private tour, in person or by video, and answer anything the listing leaves out.

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The 4 bedroom home at 19885 NE 22nd Avenue, Miami, FL 33180 is comparable and listed for sale at $1,595,000. Another comparable home, 9370 SW 82nd Street, Miami, FL 33173, sold for $1,075,000 in September 2026. Other Miami neighborhoods include Grapeland Heights and Flagami. Nearby ZIP codes include 33125 and 33126. This property also neighbors Brickell, Coconut Grove, and Coral Gables. Compare it with the Miami housing market report.