Miami Beach Brokers full color logo, luxury South Florida real estate brokerage serving Sunny Isles Beach Bal Harbour Fisher Island Miami Beach
Get Pre-Approved !
20
15 More
  • 4080 Sq Ft
  • Area Size
Active Residential Income
609 NW 58th Ave, Miami FL 33126 | Miami-Dade County | A12098198
  • $1,250,000

Description

Great opportunity to build new or keep for income. Currently collecting $9,400 per month and tenants pay utilities. 3 FPL meters, 2 water meters, 3 building structures, currently leased as 4 units. 11,720 SF land and over 4,400 SF of building. Located in an opportunity zone for tax benefits. Unit 1 is a single family 2/1 home that has a new central AC, new kitchen appliances and cabinets, remodeled bathroom. Other units will need updating as tenants have been occupying since last purchase.

Property Overview

At 609 NW 58th Ave in Miami, this 1938 duplex sits on a 11,720-square-foot lot within the W Flagler Park subdivision. The property features 4,080 square feet of living area and is listed for sale at $1,250,000. Currently configured as four separate units, the site includes three building structures and operates with three FPL meters and two water meters. The location is designated as an opportunity zone, which may offer specific tax benefits to investors. The property is actively leased and generates $9,400 per month in rental income, with tenants responsible for their own utilities. Unit 1 is a single-family home featuring two bedrooms and one bathroom, recently updated with new central air conditioning, kitchen appliances, cabinets, and a remodeled bathroom. The remaining units have been occupied since the previous ownership and may require updates.

Frequently Asked Questions

What is the purchase price and property type for this listing?

This property is a duplex offered for sale at a price of $1,250,000.

How many units are currently leased and what is the monthly rental income?

The property currently consists of four leased units that generate $9,400 per month in rental income, with tenants responsible for their utility costs.

What are the basic physical dimensions and age of the property?

The home was built in 1938, features a living area of 4,080 square feet, and sits on a land lot of 11,720 square feet.

What recent improvements have been made to Unit 1?

Unit 1, which functions as a single-family two-bedroom, one-bathroom home, includes a new central air conditioning system, new kitchen appliances, new cabinets, and a remodeled bathroom.

What is the current condition of the other units on the property?

The other units will need updating, as the tenants have occupied the spaces since the last purchase.

Does the location offer any specific financial advantages for investors?

The property is located in an opportunity zone, which may provide tax benefits for buyers.

Have a question about this Miami listing?

Talk directly with Christopher Lazaro, your Miami real estate advisor. No pressure — real answers.

This listing is courtesy of Cespedes Realty LLC.

Listing data courtesy of MIAMI Association of REALTORS (RAPB/GFLR) via Bridge Interactive. Copyright SEFMLS © 2026. Accuracy of listing information is not guaranteed. Listing information is provided for personal consumer, non-commercial use, solely to identify potential properties for potential purchase. All other use is strictly prohibited, is a violation of the terms of use, and may violate federal and state law.

Address

Open on Google Maps
  • Address: 58th Ave
  • City: Miami
  • Zip/Postal Code: 33126

Details

Updated on October 4, 2026 at 1:38 am
  • Property ID A12098198
  • Price $1,250,000
  • Property Size 4080 Sq Ft
  • Year Built 1938
  • Property Status Active, Residential Income

Additional details

  • Cooling Central Air, Wall/Window Unit(s)
  • Heating Central, Window/Wall
  • Tax Year 2025
  • Flooring Tile
  • Building W FLAGLER PK
  • Listing Terms All Cash, Conventional
  • Area W Flagler Pk
  • Total Stories 2
  • Waterfront No
  • Association No
  • Style Fourplex
  • Private Pool No
  • Structure Type Quadruplex, Duplex
  • Subdivision W FLAGLER PK
  • Annual Tax 15584
  • Year Built Details Effective Year Built
  • Building Area 4514
  • Lot Size (Sq Ft) 0
  • Flood Zone X
  • New Construction No
  • Construction CBS Construction, Frame With Stucco
  • Association Type None

Mortgage Calculator

Schedule a Tour

Tour Type

Contact Information

View Listings
Christopher Lazaro

Enquire About This Property

0 Review

Sort by:
Leave a Review

Leave a Review

Compare listings

Compare
✉