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350 NW 58th Ave, Miami FL 33126

Multi-family For Sale
$749,000

BTC: 11.77672956

ETH: 393.66354118

New
0 room(s)
1,205 sqft

Overview

Exceptional investment opportunity! Fully updated legal property featuring 3 modern units: one 2BR/1BA, one 1BR/1BA, and one studio. 100% occupied with current tenants, offering immediate rental income. At the asking price, the property offers an estimated 4.76% cap rate (based on current rental income and estimated operating expenses). Prime central Miami location just 5 minutes from Miami International Airport and minutes to Brickell, Downtown Miami, Wynwood, and Miami's beaches. Convenient access to major expressways, supermarkets, restaurants, shopping, and entertainment. Property includes parking for up to 5 vehicles, plus ample street parking for tenants and guests. Turnkey investment with strong income potential in a high-demand rental market. Ideal for investors seeking stable cash flow and long-term appreciation. Buyer to verify all income, expenses, and cap rate calculations independently.

Location

Florida • Miami • 33126 • Multi-family • For Sale

Details

Type:
Residential Income
Parking:
No Data
Year Built:
1952
Lot:
No Data
Heating:
Electric
Price/sqft:
$622
Cooling:
Electric
HOA:
No Data

Valuation

Our model vs. what's actually selling nearby.
Estimate
$502,000
$387K – $764K
Confidence Low
List vs. estimate
$247K above estimate
List $749,000 · +49.2%
Our model says this listing is priced above recent comparable activity. Room to negotiate.
Price per sq ft
$621
+45.1% vs. city median $428
Based on
16 MLS comparables
+ 30 public-records sales within 0.5 mi
Median actual sale: $552K
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$5,200
2025
Parking
5 spaces
All facts and features

  • Flooring

    • Tile

    Heating

    • Electric

    Cooling

    • Electric

  • Property

    • Exterior Features: Fruit Trees

    Other Property Information

    • Parcel Number: 01-40-01-003-1680

    • Zoning: 0100

  • Type and style

    • Property Type: Residential Income

    • Property Sub Type: Triplex

  • Other financial information

    • Annual tax amount: $5,200

  • Source details

    • MLS ID: A12063753

    Other facts

    • Construction Materials: Concrete Block Construction

    • Lot Features: Less Than 1/4 Acre Lot

    • Patio And Porch Features: Open Porch / Patio

    • Window Features: High Impact Windows

    • Other Structures: Extra Building/Shed

    • Architectural Style: Detached

    • Living Area: 1205

    • Water Source: Municipal Water

    • Subdivision Name: W FLAGLER PK

Private inquiry
Talk to the advisor on this listing.
Floor plans, HOA docs, off-market comparables, scheduling a private showing — one message, direct to the local specialist.

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Market around this address

Live counts in the same area.
View all
This zip
33126
154
median $325K
Active
Same city
Miami
12,325
median $637K
Active
Same type
Multi-family
518
median $975K
Active
Similar price
$524K – $973K
3,691
median $685K
Active

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: LoKation