580-590 NW 58th St, Miami, FL 33127

Local realty services provided by:Better Homes and Gardens Real Estate Florida 1st
580-590 NW 58th St,Miami, FL 33127
$784,900
Virtual Tour
  • - Beds
  • - Baths
  • 2,094 sq. ft.
  • Multi-family
  • Active
Listed by: todd nation
Office: todd nation
MLS#:A11783338
Source:SEFMLS

Price summary

  • Price:$784,900
  • Price per sq. ft.:$336.29

About this home

2008 construction , renovated in 2023 A standout feature is the detached design, giving each unit the feel of a private single-family home. This unique layout attracts stronger tenant demand and allows for higher rent premiums compared to traditional duplex configurations. Currently, one unit is leased to a Section 8 tenant and the other to a long-term market-rate tenant. Section 8-approved rents in this area are up to $3,330 per unit per month, offering strong upside potential. With both units rented at this rate, the property would generate $79,920 in annual gross income, translating to a fair market value in the $1.05M–$1.15M range (based on comparable sales at a 7–7.5% cap rate). With low maintenance and modern, high-end finishes, this property offers a hassle-free investment.

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Home facts

  • Year built:2008
  • Listing ID #:A11783338
  • Updated:December 17, 2025 at 12:58 AM

Rooms and interior

  • Living area:2,094 sq. ft.

Heating and cooling

  • Cooling:Central Air
  • Heating:Electric

Structure and exterior

  • Roof:Shingle
  • Year built:2008
  • Building area:2,094 sq. ft.

Utilities

  • Sewer:Public Sewer

Finances and disclosures

  • Price:$784,900
  • Price per sq. ft.:$336.29
  • Tax amount:$10,147 (2025)
Information deemed reliable but not guaranteed. Information is provided, in part, by Greater Miami MLS. This information being provided is for consumer's personal, non-commercial use and may not be used for any other purpose other than to identify prospective properties consumers may be interested in purchasing.

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