Home » Miami » 580 NW 58th St, Miami, FL 33127 | A11467470

580 NW 58th St, Miami, FL 33127 | Sold

$784,900
closed for a price of $784,900

Property Highlights

Listing ID A11467470 Status of this Listing: Closed Sold Property Type Residential Income (Multifamily 2-4) Duplex Living Space 2,334 Sqft/216.84 m2 approx. Building Area 2,334 Sqft/216.84 m2 approx. Year Built 2008 Time of this property from published date until Closing Date 40 Days
17 Photos of this Property

580 NW 58th St, Miami, FL 33127

Property Description: 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.

Residential Income (Multifamily 2-4) Duplex Sold located at 580 NW 58th St Miami FL 33127 in Miami-Dade County referenced as ID MLS # A11467470. Find below more comprehensive details about this property. Get in touch with Rebonus, Realtors to arrange a personal viewing or a live video tour, or to submit an offer. If you are a property owner interested in selling a similar property, contact us and receive a free comparative market analysis. We also provide online video calls and meetings.

Useful Info

Contingency:Pending Inspections
Original List Price:$784,900
Close Price:$784,900

Lease Details

Rent Includes:
  • Trash Collection
  • Gardener

Land Lot (Parcel) Details

Lot Features:
  • < 1/4 Acre
Lot Size Unit:Square Feet

Construction

Year Built Details:
  • Effective Year Built
Levels:One
Construction Materials:
  • Block
Flooring:
  • Vinyl
Stories:1
Possible Use:
  • Investment

Property Features

Waterfront:No
Roof:
  • Shingle
Window Features:
  • Blinds
Air Conditioning:Yes
Air Conditioning System:
  • Central Air
Heating:Yes
Heating System:
  • Heat Pump

Taxes and Expenses

Tax Annual Amount:$8,967

Property Tax Notice for Buyers: Do not rely on the current property taxes paid by the seller, as your tax liabilities may increase following the sale. Transferring ownership or making improvements to the property often triggers tax reassessments, which could raise the amount you owe. If you have questions regarding property valuation, please contact the County Property Appraiser’s Office.

Tax Year:2023

Terms

Listing Terms Considered by Seller:
  • Cash
  • Conventional
  • Fha
  • Va Loan
Occupant Type:
  • Tenant
Buyer Possession:
  • Closing & Funding
  • Subject To Tenant Rights
Buyer Financing:
  • Conventional
Lease Considered:No

Community

Subdivision Name:BUENA VISTA GARDENS
Senior Community:No

Parking

Parking Total Spaces:4
Covered Spaces:0

Utilities

Sewer:
  • Public Sewer
Utilities Available:
  • Cable Available
Water Source:
  • Public

More Details

Other Information:
Tax Information: Tax Reflects City & County Tax
Flood Zone : X
Type of Association: None
Style: Duplex
FEMA Flood Zone Designations: X
Municipal Code: 1
PACE (Property Assessed Clean Energy) program: 0
Subdivision Number: 42
Buyer Country of Residence: Unknown/Withheld

Zoning and Legal

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
Real Estate Folio Number (Parcel Number):01-31-13-042-0880
Zoning Description:5700
Public Survey Township:1
Public Survey Range:31
Public Survey Section:13

Listing History

Update/EventDate/Days
Published Date:October 11, 2023 12:03 am
On Market Date:October 10, 2023
Close Date:November 20, 2023
Price Change Date Time:October 10, 2023 11:57 pm
Last Important Update Description:Closed
Date and Time of Last Important Update:November 26, 2023 10:11 pm
Status Last Changed:November 26, 2023 10:11 pm
Photos Last Modified:October 12, 2023 3:04 am
Last Modified:November 27, 2023 3:11 am
Days on the Market (updated on Last Modified*):8
Cumulative Days on the Market (updated on Last Modified**):8

Additional Information

Lot Size Range:Less Than 1/4 Acre Lot
Number of Photos Count:17
Area:31
Ref ID:1046103204
Automated Valuation Display:Yes
Courtesy of:Resivest Realty LLC
Universal Property Id:US-12025-N-0131130420880-R-N

Location

Show Property Address:Yes
Street Name:58th St
Street Number:580
Street Direction Prefix:NW
Street Address:580 NW 58th St
City : Miami
State : Florida
Zip Code : 33127
County : Miami-Dade County
Full Address:580 NW 58th St, Miami, FL 33127
Latitude:N25° 49' 42.8''
Longitude:W81° 47' 40.3''

Neighborhood

Postal City:Miami

Property Map