33130 Zip Code Real Estate For Sale

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502 SW 8th Ave, Miami, Florida 33130, image 1
$1,899,999
  • 12 Beds
  • 6 Baths
  • 4,608 SqFt
  • $412/SqFt
House for sale
502 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.

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33130, FL Snapshot
569
Active Inventory
13
New Listings
$124.5K to $24M
Price Tier
38
Pending Sales
$564K
Median Closed Price
111
Avg. Days On Market

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