Description

Excellent investment opportunity in Miami. Fully renovated duplex in 2023 featuring two identical 1-bedroom, 1-bathroom units. Each unit offers a private patio, highly desirable feature for tenants.

The property is fully rented to excellent tenants willing to stay. Both units are leased through Section 8 at $1,855 and $1,791 per month ($1,963 paid by Section 8, balance paid by tenants). Total gross annual income of $43,752. Each unit has its own water meter and electric meter. Utilities paid by the tenants.

Turnkey Residential Income property with immediate cash flow and no deferred maintenance. Ideal for investors seeking stable income and long-term hold potential. Located in a residential area with strong rental demand and convenient access to major roads, transportation, and local amenities.

Asking price: $499,000.

Address

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Address: 58th Ter
City: Miami
State/county: Miami-Dade County
Zip/Postal Code: 33142
Area: ORCHARD VILLA EXTENSION

Details

Updated on January 9, 2026 at 8:05 am

Property ID A11942050
Price $499,000
Property Size 840 Square Feet
Year Built 1957
Type Duplex
Property Status Residential Income

Additional details

BuildingAreaTotal 891
BuildingAreaUnits Square Feet
BuildingName ORCHARD VILLA EXTENSION
ConstructionMaterials CBS Construction
ContractStatusChangeDate 2026-01-08
Cooling Other
DaysOnMarket 1
DocumentsAvailable Deposit Held, Copy Of Lease(S)
ExpirationDate 2027-01-01
Flooring Vinyl
Heating Heat Pump/Reverse Cycle
InternetAddressDisplayYN 1
InternetEntireListingDisplayYN 1
ListAOR A-Miami Association of REALTORS
ListAgentDirectPhone 786-393-9495
ListingTerms All Cash, Conventional, FHA
LotFeatures Less Than 1/4 Acre Lot
LotSizeSquareFeet 0
MLSAreaMajor Orchard Villa Extension
MajorChangeTimestamp January 9, 2026 at 01:52am
MajorChangeType New
MlsStatus Active
ModificationTimestamp January 9, 2026 at 06:00am
NumberOfUnitsInCommunity 1
NumberOfUnitsTotal 2
OnMarketDate 2026-01-08
OriginalEntryTimestamp January 9, 2026 at 01:52am
OriginalListPrice 499000
OriginatingSystemID miamire
OriginatingSystemKey miamire
OriginatingSystemName Miami Association of REALTORS®
OtherExpense 0
ParcelNumber 01-31-14-043-1481
ParkingTotal 0
PhotosChangeTimestamp January 9, 2026 at 01:55am
PhotosCount 14
PostalCodePlus4 2513
PriceChangeTimestamp January 9, 2026 at 01:30am
PropertyCondition Substantially Remodeled
PublicSurveyRange 31
PublicSurveySection 14
PublicSurveyTownship 31
RentIncludes None
Roof Flat Tile
Sewer Public Sewer
ShowingContactType Agent
ShowingInstructions 24 Hour Notice, Appointment Only, Call Listing Agent
SourceSystemKey 425116173
StateOrProvince FL
StatusChangeTimestamp January 9, 2026 at 01:52am
Stories 1
StoriesTotal 1
StreetDirPrefix NW
StreetName 58th Ter
StreetNumber 1331
StreetNumberNumeric 1331
StructureType Duplex
SyndicationRemarks Excellent investment opportunity in Miami. Fully renovated duplex in 2023 featuring two identical 1-bedroom, 1-bathroom units. Each unit offers a private patio, highly desirable feature for tenants. The property is fully rented to excellent tenants willing to stay. Both units are leased through Section 8 at $1, 855 and $1, 791 per month ($1, 963 paid by Section 8, balance paid by tenants). Total gross annual income of $43, 752. Each unit has its own water meter and electric meter. Utilities paid by the tenants. Turnkey Residential Income property with immediate cash flow and no deferred maintenance. Ideal for investors seeking stable income and long-term hold potential. Located in a residential area with strong rental demand and convenient access to major roads, transportation, and local amenities. Asking price: $499, 000.
TaxAnnualAmount 6532
TaxLegalDescription ORCHARD VILLA EXT PB 17-55 LOT 17 BLK 8 LOT SIZE 50.000 X 106 OR 20994-3000 01 2003 6 COC 22894-3668/24401-4647 1104 1
TaxYear 2024
TotalActualRent 43752
WindowFeatures Clear Impact Glass, High Impact Windows
YearBuiltDetails Effective Year Built
Zoning 0104