193 NW 58th St, Miami FL 33127

Comercial En Venta

$3,000,000

BTC: 46.87500000

ETH: 1,685.39325843

33 días

En Venta

Comercial

0 room(s) •

Visión general

15-UNIT VALUE-ADD EXTENDED-STAY OPPORTUNITY Fausto Commercial Realty is pleased to present 193 NW 58th Street, a 15-unit multifamily asset in Miami’s improving Little River / Model City corridor, just east of NW 2nd Avenue. Built in 1926 on a 6,500 SF lot, the two-story property is legally operating as 15 units and currently runs as a high-occupancy extended-stay / hostel-style operation. The asset is renovated, well- maintained, and benefits from strong demand due to proximity to Wynwood, Midtown, the Design District, and Miami International Airport. As-is, the property collects approximately $20,600/month ($247,200/year) with estimated expenses of ~30%, producing an in-place NOI of $173,040. At the $3,250,000 asking price, the offering reflects a 5.32% cap rate with stable cash flow. Value-add upside includes adding 12 bathrooms (one per unit) for an estimated $180,000 to convert the asset into 15 self-contained Airbnb units. Under conservative assumptions ($135 ADR, 65% occupancy, 40% expenses), projected NOI is approximately $288,000, equating to an ~8.4% pro-forma cap rate on total cost—driven by operational improvement rather than speculative rent growth.

Ubicación

Florida • Miami • 33127 • Comercial • En Venta

Detalles

Tipo:

Commercial Sale

Estacionamiento:

Sin datos

Año de construcción:

1926

Lote:

6500 Pies Cuadrados

Calefacción:

Sin datos

precio por sq. medidor:

Sin datos

Enfriamiento:

Sin datos

HOA:

Sin datos

Tipo:

Commercial Sale

Estacionamiento:

Sin datos

Año de construcción:

1926

Lote:

6500 Pies Cuadrados

Calefacción:

Sin datos

precio por sq. medidor:

Sin datos

Enfriamiento:

Sin datos

HOA:

Sin datos

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Valuation

Our model vs. what's actually selling nearby.

Estimate

$1,200,000

$929K – $2.1M

Confidence Low

List vs. estimate

$1.8M above estimate

List $3,000,000 · +150.0%

Our model says this listing is priced above recent comparable activity. Room to negotiate.

Based on

7 MLS comparables

+ 30 public-records sales within 0.5 mi

Median actual sale: $545K

Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Más hechos y características

Lote

• Lote: 6500 Pies Cuadrados

Otra Información de Propiedad

• Número de Parcela: 01-31-13-063-0570

• Zonificación: 5700
Tipo y estilo

• Tipo de propiedad: Commercial Sale

• Subtipo de propiedad: Income/MultiFamily
Detalles de la fuente

• MLS ID: A12011306

Consulta privada

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The multiple listing information is provided by the Miami Association of REALTORS® from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Miami Association of REALTORS®. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: Fausto Commercial Realty Consultants Inc

193 NW 58th St, Miami FL 33127

Visión general

Ubicación

Detalles

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Detalles de la propiedad

Detalles de construcción

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