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Gelfand Realty Miami Properties for Sale - Multi Family for Sale

580 NW 58TH ST, MIAMI, FL 33127

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Multi Family - BUENA VISTA GARDENS for Sale

580 NW 58TH ST, MIAMI, FL 33127

Asking Price$784,900

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  • Living 2334sqft
  • Taxes $8,967
  • Year Built 2008

  • Days on market:

    8 day(s)

  • Original Price:

    $784,900

  • Price per sqft:

    $336.29

  • Tax Legal Description:

    BUENA VISTA GARDENS PB 5-45 LOT 1 LESS EXT AREA OF CURVE IN NE COR FOR R/W BLK 4 LOT SIZE 48.930 X 125 COC 22794-0136 11 2004 2

  • Tax Year:

    2023

  • Property Type:

    Multi Family

  • Style:

    Duplex

  • Construction Type:

    Cbs Construction

  • Roof:

    Shingle

  • Cooling Description:

    Central Air

  • Heating Description:

    Heat Pump/Reverse Cycle

  • Floor Description:

    Vinyl

  • Lot Features:

    Less Than 1/4 Acre Lot

  • Type of Association:

    None

Description

$784,900 • living size area 2334 sqft

Turnkey solution for passive investors located in a booming area with an actual cap rate of 8.03% and a pro forma cap rate of 8.44%. 2008 built duplex completely renovated in 2023 and located within an opportunity zone. easy to manage. one home is currently leased to section 8 while the other is leased to a long term tenant. renovations include: all new wood cabinets w/ quartz countertops & stainless-steel appliances and updated luxury vinyl plank flooring. unique feature of this duplex is the buildings are detached homes appealing to single family renters which tend to pay a premium when compared to traditional duplexes. low maintenance, impressive finishes & headache free easy to manage. proximity to design district, wynwood and edgewater has fueled the gentrification of neighborhood.

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167 NW 42ND ST, MIAMI, FL 33127
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