580-590 NW 58th St, Miami FL 33127 | Miami-Dade County | A11783338

$810,000

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.

Address

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Address: 58th St
City: Miami
State/county: Miami-Dade County
Zip/Postal Code: 33127
Area: BUENA VISTA GARDENS

Details

Updated on August 3, 2025 at 1:55 pm

Property ID A11783338
Price $810,000
Property Size 2094 Square Feet
Year Built 2008
Type Duplex
Property Status Residential Income

Additional details

ArchitecturalStyle Detached
AssociationFee 0
BuildingAreaTotal 2334
BuildingAreaUnits Square Feet
BuildingName BUENA VISTA GARDENS
ConstructionMaterials Concrete Block Construction
ContractStatusChangeDate 2025-04-15
Cooling Central Air
DaysOnMarket 83
DocumentsAvailable Deposit - Security
Heating Electric
InternetAddressDisplayYN 1
InternetAutomatedValuationDisplayYN 1
InternetConsumerCommentYN 1
InternetEntireListingDisplayYN 1
ListAOR A-Miami Association of REALTORS
ListAgentDirectPhone 518-491-5088
ListAgentEmail Nationtodd@yahoo.com
ListAgentFullName Todd Nation
ListAgentKey 7803677a2f7bbcde0c5f43b20e964066
ListAgentMlsId 3404751
ListAgentOfficePhone 518-491-5088
ListAgentStateLicense 3404751
ListOfficeKey 5093b175646eb8405cce3efe328ededd
ListOfficeMlsId TDDN01
ListOfficeName Todd Nation
ListOfficePhone 518-491-5088
ListingAgreement Exclusive Right To Sell
ListingContractDate 2025-04-15
ListingKey 493d2f6cafe5ebc26c8b1e33a64c4c1c
ListingTerms All Cash,Conventional,FHA
LotFeatures Less Than 1/4 Acre Lot
LotSizeSquareFeet 0
MLSAreaMajor Buena Vista Gardens
MajorChangeTimestamp July 16, 2025 at 04:01pm
MajorChangeType Price Increase
MlsStatus Active
ModificationTimestamp July 24, 2025 at 03:06pm
NetOperatingIncome 62800
NumberOfUnitsInCommunity 2
NumberOfUnitsTotal 2
OnMarketDate 2025-04-15
OperatingExpense 14000
OriginalEntryTimestamp April 15, 2025 at 10:46pm
OriginalListPrice 989500
OriginatingSystemID miamire
OriginatingSystemKey miamire
OriginatingSystemName Miami Association of REALTORS®
OtherExpense 0
ParcelNumber 01-31-13-042-0880
ParkingTotal 4
PhotosChangeTimestamp April 15, 2025 at 10:50pm
PhotosCount 11
Possession Rental Agreement
PostalCodePlus4 1579
PreviousListPrice 799999
PriceChangeTimestamp July 16, 2025 at 04:01pm
PropertyCondition Substantially Remodeled
PublicSurveyRange 31
PublicSurveySection 13
PublicSurveyTownship 31
RentIncludes Sewer
Roof Shingle
Sewer Public Sewer
ShowingContactType Agent
ShowingInstructions Call Listing Agent
SourceSystemKey 410032811
StateOrProvince FL
StatusChangeTimestamp June 26, 2025 at 05:48pm
Stories 1
StoriesTotal 1
StreetDirPrefix NW
StreetName 58th St
StreetNumber 580-590
StreetNumberNumeric 580
StructureType Duplex
SyndicationRemarks 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.
TaxAnnualAmount 10147
TaxLegalDescription BUENA VISTA GARDENS PB 5-45 LOT 25 LESS COMM 10.62FTN OF SW COR OF LOT 24 NELY17.70FT N 13 DEG E 22.39FT FOR POB CONT N 13 DEG E 31.39FT NLY
TaxYear 2025
TotalActualRent 76800
YearBuiltDetails Effective Year Built
Zoning 5700