$1,899,999
- 12 Beds
- 6 Baths
- 4,608 SqFt
- $412/SqFt
House for sale502 SW 8th Ave, Miami, FL 33130 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.