Horners Addn Homes with R30-No Pool/No Water Style

Horners Addn Homes with R30-No Pool/No Water Style

Welcome to Horners Addn, a hidden gem nestled in the vibrant heart of Miami, Florida. This charming subdivision in Miami-Dade County offers a unique blend of urban convenience and suburban tranquility, making it an ideal place for families, professionals, and retirees alike.

Horners Addn is characterized by its inviting community atmosphere and diverse array of homes. The neighborhood features residences with the R30-No Pool/No Water style, which emphasizes simplicity and functionality. These homes are perfect for those who appreciate a low-maintenance lifestyle, allowing you to spend more time enjoying the local culture and attractions that Miami has to offer.

With spacious layouts and thoughtful designs, the homes in Horners Addn cater to various lifestyles and preferences. Whether you're a first-time homebuyer or looking to downsize, you’ll find a welcoming space that feels just right. The absence of pools and water features means more room for outdoor activities and garden spaces, allowing residents to create their own personal oasis.

Horners Addn is conveniently located near major highways, providing easy access to the bustling downtown Miami, renowned shopping districts, and beautiful beaches. The community is also surrounded by parks, schools, and essential amenities, ensuring that everything you need is just a stone's throw away.

Discover the charm of Horners Addn, where community spirit meets the vibrant energy of Miami. Your dream home awaits in this delightful neighborhood!

Newest Horners Addn Homes with R30-No Pool/No Water Style

$1,680,000
12 Beds ⋅ 6 Baths ⋅ A12004679 MLS ⋅ 33130 Zip Code ⋅ Horners Addn BLDG.
TURNKEY LITTLE HAVANA MULTIFAMILY | 6.85% CAP RATE Exceptional investment opportunity in the heart of Little Havana! This premium income-producing asset consists of two detached buildings featuring a uniform mix of six fully renovated 2-bedroom, 1-bathroom units. Operating with an efficient 31.83% expense ratio, the property generates a strong Net Operating Income (NOI) of $115,144.50, delivering an attractive 6.85% cap rate at the $1,680,000 asking price. Ownership has invested over $200,000 in recent capital improvements, minimizing future capital expenditures and providing true turnkey ownership. Major upgrades include complete interior renovations (2022), new permitted roofs (2024), new exterior stucco and paint (2024), roof-mounted mini-split HVAC systems (2024), plumbing improvements, and fully upgraded electrical systems with new main service entries and meter boxes (2025/2026). For added buyer confidence, the City of Miami 40- and 50-year structural recertifications have been fully completed and approved, offering significant peace of mind. Ideally located just minutes from Brickell, Downtown Miami, and the Health District, this asset benefits from one of Miami's strongest and most resilient rental markets. Whether you're completing a 1031 exchange, expanding a private portfolio, or seeking a stabilized, cash-flowing investment, this property offers immediate, optimized income from day one with minimal deferred maintenance.

500 Sw 8th Ave, Miami
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