Miami, FL 33127,580-590 NW 58th St
Miami, FL 33127,580-590 NW 58th St
Miami, FL 33127,580-590 NW 58th St
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$814,900
Est. payment /mo
2,094 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Square Footage 2,094 sqft

Price per Sqft $389

Subdivision Buena Vista Gardens

MLS Listing ID A11783338

HOA Y/N Yes

Year Built 2008

Annual Tax Amount $10,147

Tax Year 2025

Property Sub-Type Duplex

Property Description

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

State FL

County Miami-dade

Community Buena Vista Gardens

Area 31

Interior

Heating Electric

Cooling Central Air

Flooring Laminate

Exterior

Pool None

Utilities Available Cable Available

Roof Type Shingle

Total Parking Spaces 4

Private Pool No

Building

Lot Description < 1/4 Acre

Story 1

Sewer Public Sewer

Level or Stories One

Structure Type Block

Others

Tax ID 01-31-13-042-0880

Acceptable Financing Cash, Conventional, FHA

Listing Terms Cash, Conventional, FHA

Virtual Tour https://www.propertypanorama.com/instaview/mia/A11783338


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Miami Association of Realtors (SEFMIAMI MLS)
Listed by Todd Nation

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Dennis Cordero, PA

Dennis Cordero, PA

+1(954) 874-5015

Real Estate Advisor | License ID: 3074725

Real Estate Advisor License ID: 3074725

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