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,

580 NORTH WEST 58TH ST #2, Miami

$784,900 USD
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Address580 NORTH WEST 58TH ST #2, Miami
Building NameBUENA VISTA GARDENS
Type of PropertyDuplex
Property StyleDuplex
Price$784,900
Previous Price$818,000 (33 days ago)
Property StatusActive
MLS NumberA11783338
Living Area2094
Year Built2008
Parking Space Number4
Folio Number01-31-13-042-0880
Gross Rent Income$76,800
Net Operating Income$62,800
Zoning Information5700
Days on Market101

Detailed 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.

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Address Information
StateFlorida
CityMiami
CountyMiami-Dade County
Zip Code33127
Address580 NORTH WEST 58TH ST
Section13
Zip Code (4 Digits)1579
Financial Information
Price$784,900
Price per Foot$0
Previous Price$818,000
Folio Number01-31-13-042-0880
Gross Rent Income$76,800
Net Operating Income$62,800
Tax Amount$10,147
Tax Year2025
Possession InformationRental Agreement
Full Descriptions
Detailed DescriptionPriced 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.
Roof DescriptionShingle
Cooling DescriptionCentral Air
Heating DescriptionElectric
Sewer DescriptionPublic Sewer
Property parameters
Living Area2094
Zoning Information5700
Year Built2008
Type of PropertyDuplex
StyleDuplex
Building NameBUENA VISTA GARDENS
Development NameBUENA VISTA GARDENS
Construction TypeConcrete Block Construction
Stories Number1.000
Street DirectionNorth West
Parking Space Number4
Listed withTodd Nation