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580-590 NW 58th St, Miami FL 33127

Multi-family For Sale
$784,900

BTC: 9.03742084

ETH: 392.45000000

-$205K (2025/12/16)
247 days
0 room(s)
2,094 sqft
Est. Estimated sales range: $0 - $0
$0

Overview

2008 construction , renovated in 2023 A standout feature is the detached design, giving each unit the feel of a private single-family home. This unique layout attracts stronger tenant demand and allows for higher rent premiums compared to traditional duplex configurations. Currently, one unit is leased to a Section 8 tenant and the other to a long-term market-rate tenant. Section 8-approved rents in this area are up to $3,330 per unit per month, offering strong upside potential. With both units rented at this rate, the property would generate $79,920 in annual gross income, translating to a fair market value in the $1.05M–$1.15M range (based on comparable sales at a 7–7.5% cap rate). With low maintenance and modern, high-end finishes, this property offers a hassle-free investment.

Location

Florida • Miami • 33127 • Multi-family • For Sale

Facts and features

Type:
Residential Income
Parking:
No Data
Year Built:
2008
Lot:
No Data
Heating:
Electric
Price/sqft:
$375
Cooling:
Central Air
HOA:
No Data
All facts and features

  • Heating

    • Electric

    Cooling

    • Central Air

  • Other Property Information

    • Parcel Number: 01-31-13-042-0880

    • Zoning: 5700

  • Type and style

    • Property Type: Residential Income

    • Property Sub Type: Duplex

  • Other financial information

    • Annual tax amount: $10,147

  • Source details

    • MLS ID: A11783338

    Other facts

    • Construction Materials: Concrete Block Construction

    • Lot Features: Less Than 1/4 Acre Lot

    • Architectural Style: Detached

    • Living Area: 2094

    • Subdivision Name: BUENA VISTA GARDENS

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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 ©2025-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: Todd Nation