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Investment Opportunity

Miami Investmens

580-590 NW 58th St Miami FL 33127 MLS #A11783338

580-590 NW 58th St
Miami, FL, 33127
$784,900
Beds
0 Bathrooms
2,094 SqFt
0 Acres
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$784,900
580-590 NW 58th St
Miami, FL, 33127
MLS #A11783338 image #0MLS #A11783338 image #1MLS #A11783338 image #2MLS #A11783338 image #3MLS #A11783338 image #4MLS #A11783338 image #5MLS #A11783338 image #6MLS #A11783338 image #7MLS #A11783338 image #8MLS #A11783338 image #9MLS #A11783338 image #10

Project Description

Priced to move quickly-This turnkey investment opportunity in a rapidly growing area, with a current high cap rate over 7%. The property is a 2008-built duplex, fully renovated in 2023, located within an Opportunity Zone. It is an easy-to-manage investment, with one unit leased to Section 8 tenants and the other to a long-term tenant

The renovations include brand-new wood cabinets with quartz countertops, stainless steel appliances, and updated luxury vinyl plank flooring throughout. A unique feature of this duplex is that the units are detached, which appeals to single-family renters, often resulting in higher rent premiums compared to traditional duplex configurations.
With low maintenance and modern, high-end finishes, this property offers a hassle-free investment.

Property Details

Price:
$784,900
MLS #:
A11783338
Status:
Active
Beds:
0
Baths:
0
Type:
Multi Family
Subtype:
Duplex
Subdivision:
BUENA VISTA GARDENS
Neighborhood:
buenavistagardens
Listed Date:
Apr 15, 2025
Finished Sq Ft:
2,094
Total Sq Ft:
2,334
Year Built:
2008
Units:
2
Buena Vista GardensBuenavistagardensBuena Vista Gardens

Schools

Interior

Cooling
Central Air
Heating
Electric

Exterior

Architectural Style
Detached
Construction Materials
Concrete Block Construction
Parking Spots
4
Roof
Shingle

Financial

Net Operating Income
$62,800
Tax Year
2025
Taxes
$10,147

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Profitability of the Property

Net Monthly Income:
Annual Profitability of:
580-590 NW 58th St
Miami, FL