Description

Miami, FL fully leased multifamily apartment building on oversized lot with an in-place 7% Cap Rate. Fully renovated, MEPS approved as updated, impact windows; for no hassles. Buyer and collect income with rents currently over $88,000/year with potential upside. In path of progress between Swerdlow 7,500 unit development, Urban-Related’s Libery Square Apartments, Magic City, Little River & Miami’s Upper East Side. See attached marketing brochure for full details.

Address

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Address: 58th Ter
City: Miami
State/county: Miami-Dade County
Zip/Postal Code: 33127
Area: GABEL SUB NO 4, 4 Units 58 Ter

Details

Updated on April 18, 2026 at 3:03 am

Property ID A11938166
Price $1,000,000
Property Size 1980 Square Feet
Year Built 1936
Type Quadruplex
Property Status Residential Income

Additional details

ArchitecturalStyle Attached
BuilderModel 4 - 1/1's
BuildingAreaTotal 1980
BuildingAreaUnits Square Feet
BuildingName GABEL SUB NO 4
ConstructionMaterials CBS Construction
ContractStatusChangeDate 2026-01-05
Cooling Ceiling Fan(s), Wall/Window Unit(s)
DaysOnMarket 78
Directions Showing when in contract. Send WhatsApp request with full name and brokerage name and request interior videos of pictures of each of the units. See attached marketing brochure.
DocumentsAvailable None
ExpirationDate 2026-05-31
Flooring Ceramic Floor, Other
Heating Window/Wall
InternetAddressDisplayYN 1
InternetAutomatedValuationDisplayYN 1
InternetConsumerCommentYN 1
InternetEntireListingDisplayYN 1
ListAOR A-Miami Association of REALTORS
ListAgentDirectPhone 305-582-2424
ListingTerms All Cash, Conventional
LotFeatures Less Than 1/4 Acre Lot
LotSizeSquareFeet 0
MLSAreaMajor Gabel Sub No 4
MajorChangeTimestamp April 17, 2026 at 01:10pm
MajorChangeType Back On Market
MlsStatus Active
Model 4 - 1/1's
ModificationTimestamp April 17, 2026 at 01:10pm
NumberOfUnitsInCommunity 1
NumberOfUnitsTotal 4
OnMarketDate 2026-01-05
OriginalEntryTimestamp January 5, 2026 at 02:19pm
OriginalListPrice 1290000
OriginatingSystemID miamire
OriginatingSystemKey miamire
OriginatingSystemName Miami Association of REALTORS®
OtherExpense 0
ParcelNumber 01-31-14-023-0341
ParkingTotal 4
PhotosChangeTimestamp January 5, 2026 at 02:22pm
PhotosCount 16
PostalCodePlus4 1359
PreviousListPrice 1290000
PriceChangeTimestamp March 18, 2026 at 02:06pm
PropertyCondition Substantially Remodeled
PublicSurveyRange 31
PublicSurveySection 14
PublicSurveyTownship 31
RentIncludes Gardener, Sewer, Water
Roof Shingle
Sewer Public Sewer
ShowingInstructions No Sign, Other Showing Instruction, See Broker Remarks
SourceSystemKey 424876030
StateOrProvince FL
StatusChangeTimestamp April 17, 2026 at 01:10pm
Stories 1
StoriesTotal 1
StreetDirPrefix NW
StreetName 58th Ter
StreetNumber 1126
StreetNumberNumeric 1126
StructureType Quadruplex, Fourplex
SyndicationRemarks Miami, FL fully leased multifamily apartment building on oversized lot with an in-place 7% Cap Rate. Fully renovated, MEPS approved as updated, impact windows; for no hassles. Buyer and collect income with rents currently over $88, 000/year with potential upside. In path of progress between Swerdlow 7, 500 unit development, Urban-Related’s Libery Square Apartments, Magic City, Little River & Miami’s Upper East Side. See attached marketing brochure for full details.
TaxAnnualAmount 9299
TaxLegalDescription 14 53 41 GABEL SUB NO 4 PB 16-23 LOT 9 BLK 2 LOT SIZE 40 X 142 OR 19187-3542 06 2000 5 OR 21458-4652 0603 1 COC 22828-1976 10 2004 1
TaxYear 2025
YearBuiltDetails Resale
Zoning 5700