Basics
- Category: Residential
- Type: SingleFamilyResidence
- Status: Active
- Bedrooms: 12
- Bathrooms: 6
- Half baths: 0
- Total rooms: 0
- Floors: 2
- Area: 4608 sq ft
- Lot size: 5800, 5800 sq ft
- Year built: 1925
- View: None
- Subdivision Name: HORNERS ADDN
- County: Miami-Dade
- MLS ID: A12004679
Description
-
Description:
HORNERS ADDN PB B-160 BEG NE COR LT 32 S45.87FT W84.40 FT S9FT W30.647FT N54.87FT E115. 04FT TO POB LOT SIZE IRREGULAR OR 25762-4021 06 2007 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
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Building Details
- Water Source: Public
- Architectural Style: Detached,Other,TwoStory
- Lot Features: LessThanQuarterAcre
- Sewer: PublicSewer
- Construction Materials: Frame,Stucco
- Covered Spaces: 0
- Garage Spaces: 0
- Levels: Two
- Floor covering: Vinyl
Amenities & Features
- Pool Features: None
- Parking Features: None
- Patio & Porch Features: Balcony,Open
- Roof: Composition
- Cooling: CentralAir
- Exterior Features: Balcony,None
- Heating: Central
- Interior Features: SecondFloorEntry,FirstFloorEntry,Other
Expenses, Fees & Taxes
- Tax Annual Amount: $24,355
- Tax Year: 2025
Miscellaneous
- List Office Name: Sellstate 5 Star Realty
- Listing Terms: Cash,Conventional
- Direction Faces: Southwest
This SingleFamilyResidence located in 500, 8th AVE, Miami, FL, 33130, is a Residential real estate listing and is available on Miami Satılık Evler. This property, that was built in 1925, is listed at $1,680,000, has 12 beds, 6 baths, and has a 4608 sq ft area.
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