Mansion
12
Beds
6
Baths
4,608
SQUARE FEET
Single Family Residence
Type
1925
Built
Listing courtesy of
Sellstate 5 Star Realty
Joey Fumero-Manso
MLS® #A12004679
Listing information last updated July 10, 2026
MiamiCityRealty.com is an agent's best friend. We proudly co-broke and partner with Sellstate 5 Star Realty — and every agent and broker in Miami — to get the deal done.
Overview
This single family residence in Little Havana has 12 bedrooms and 6 bathrooms across 4,608 square feet, and is listed for sale at $1,749,999 (about $380 per square foot). Built in 1925.
TURNKEY MULTIFAMILY IN LITTLE HAVANA – 6.58% CAP RATE! a premium income asset features 2 detached buildings with a uniform mix of six fully renovated 2BR/1BA units. Operating with a lean 31.83% expense ratio, the property yields a strong $115,144.50 NOI at a $1,750,000 purchase price. Over $200k in recent capital upgrades eliminates near-term CapEx: full interior renovations (2022), new permitted roofs (2024), new exterior stucco/paint (2024), roof-mounted mini-split HVACs (2024), plumbing updates, and independent full electrical upgrades including new main service entries and meter boxes (2025/2026). BUYER PEACE OF MIND: City of Miami 40 & 50-year structural recertifications are fully approved and finalized. Unmatched location stability blocks from Brickell, Downtown, and the Health District. Perfect for 1031 exchange or private portfolio growth. Move immediately into optimized, stable cash flow from day one
Listing history
Price reduced
↓ $99,001 from $1,849,000 · Jun 23, 2026 · MIAMI MLS
$1,749,999
Listed for sale
Apr 20, 2026 · MIAMI MLS
$1,899,999
Days on market
as of today
93 days
Building & financials
FROM MIAMI MLSThe carrying-cost and structural facts that close or kill a Miami deal — straight from the listing feed.
Annual property tax (2025)
$24,355
Association type
None
FEMA flood zone
X
Dues, taxes, and association data per MIAMI MLS and public records; flood zone from FEMA NFHL. Verify with the HOA, county, and your insurer during due diligence.
Property details
Features & amenities
Location
500 SW 8th AVE, Miami FL 33130
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List your rental →Listing data © MIAMI MLS · IDX information deemed reliable but not guaranteed · 93 days on market.
We do not advertise a “free” buyer’s agent; buyer-representation compensation is disclosed in writing. Bitcoin pricing is indicative and updates with the market — not financial, tax, or legal advice. Buyer to independently verify all measurements, assessments, and flood & insurance facts.