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 79 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
79 days on market
Single Family Residence
Built 1925
Lot 5,662.8 sq ft
Miami-Dade County
MLS# A12075866
Horners Addn

About this home

Exceptional investment opportunity in the heart of Little Havana! This income-producing multifamily property features two detached buildings with six fully renovated 2-bedroom, 1-bathroom units, generating $13,200 in monthly rental income and $158,400 in annual gross income. Offered at $1,650,000, the property delivers an estimated $105,304.50 Net Operating Income (NOI) and an approximate 6.38% capitalization rate based on current operating expenses.Ownership has invested over $200,000 in capital improvements, helping reduce near-term maintenance concerns and providing a turnkey investment opportunity. Major upgrades include complete interior renovations (2022), new permitted roofs (2024), exterior stucco and paint (2024), roof-mounted mini-split HVAC systems (2024), plumbing improvements, and upgraded electrical infrastructure with new main service entries and meter boxes (2025/2026). The City of Miami's 40- and 50-year structural recertifications have also been completed and approved.Ideally situated near Brickell, Downtown Miami, the Health District, and major employment and transportation corridors, this property offers convenient access to key destinations throughout Miami. With established rental income, extensive capital improvements, completed recertifications, and a central location in a high-demand rental market, this is an attractive opportunity for investors seeking income-producing multifamily real estate with long-term potential.

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 · rleyva1@gmail.com · Listing agent: Joey Fumero-Manso

All listings featuring the BMLS logo are provided by BeachesMLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright © 2026 BeachesMLS, Inc. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by BeachesMLS. Listings held by brokerage firms other than BreakThru Realty carry the name of the listing broker.

Schedule a showing

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

Before You Make an Offer

Buying a home with a tenant in place

Your Buyer May Already Be Working With BreakThru Realty

Buyers come to BreakThru Realty searching for homes like this one, and many have shared their exact requirements with us: the neighborhood, the price, the bedrooms, the pool, the timing. If you own a home nearby and are weighing a sale, a broker can check it against those requirements before you list, and if no buyer on file fits, show you how we would reach the rest of the market.

BreakThru Realty works with hundreds of prequalified buyers searching for properties. Before you list, a broker reviews what you own, the market around it and whether an existing buyer's requirements match. If none does, you see how we would position it to reach other qualified buyers.

Find Out If We Have Your Buyer · Discuss Selling With BreakThru Realty

A potential match is a conversation, not an offer, until the buyer sees your property and makes one. No buyer is named and nothing about your property or business is shared until you decide to proceed.

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 79 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.
To request a tour, call (786) 914-1017 or email sales@breakthrurealty.com.

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The 6 bedroom home at 11350 SW 30th Street, Miami, FL 33165 is comparable and listed for sale at $1,625,000. Another comparable home, 1200 SW 18th Street, Miami, FL 33145, sold for $1,680,000 in June 2026. Other Miami neighborhoods include The Hammocks and Westwood Lake. Nearby ZIP codes include 33125 and 33126. This property also neighbors Brickell, Coconut Grove, and Fisher Island. Compare it with the Miami housing market report.