About this home
UNMISSABLE LITTLE HAVANA CASH FLOW MACHINE – TURNKEY 6-UNIT WITH STRONG 6.58% CAP! Opportunities like this don’t sit. This fully renovated 6-unit multifamily in the heart of Little Havana is already producing $13,900/month in income, delivering a solid 6.58% cap rate from day one. Every major upgrade is DONE—2025 40 & 50-year recertifications completed, new roof (2024, permitted), and all A/C systems replaced in 2023—giving you a low-maintenance, high-confidence investment for years to come. The property features six spacious 2BD/1BA units across 4,608 SF, designed to attract and retain quality tenants in one of Miami’s most in-demand rental markets. Located in a rapidly appreciating area with consistent rental demand, this is the kind of asset investors wait for—stable cash flow now, upside tomorrow. Secure it before someone else does.
Listing last checked: Listing updated:
Listed by Joey Fumero-Manso · Sellstate 5 Star Realty · MLS #2025025098
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Details at a glance
Building2 property facts
- Style
- Multi Family
- Year built
- 1925
Land & utilities1 property facts
- Lot size
- 0.13 acres
Financial3 property facts
- Annual taxes
- $22,803
- Assessment year
- 2024
- HOA fee
- $0 (billing period not supplied)
Location
Estimated monthly cost
Explore costs at the $1,749,999 asking price. Adjust the assumptions to your situation.
Known monthly costs$10,749 / monthAdjust
- Principal & interest
- $8,849
- Property tax
- $1,900
- Insurance
- Not entered
- HOA
- $0
Listing annual taxes: $22,803. Initial monthly tax is one twelfth of that amount. Listing HOA fee: $0.
Partial estimate: add insurance to include those costs. Blank amounts are unknown.
The initial 6.5% rate is illustrative, not a current rate or lender quote. Excludes utilities, maintenance, closing costs and mortgage insurance, which may apply with a down payment below 20%. Taxes and insurance can change.
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About 500 SW 8th Avenue
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Request a tour of 500 SW 8th Avenue and a Bean Group agent will help coordinate an available time with the listing side.
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Yes. We can discuss condition, comparable sales, offer strategy and the questions worth asking before you decide whether to proceed.
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