1331 58th Ter ,Duplex, Orchard Villa Extension for Sale

1331 58th Ter for Sale

Price $499,000.00

• Lot size 891
• Year Build 1957
• Waterfront
• Zip 33142
• Style
• Parking Description
• Pool Yes
• Status Active

Description

Excellent investment opportunity in Miami. Fully renovated duplex in 2023 featuring two identical 1-bedroom, 1-bathroom units. Each unit offers a private patio, highly desirable feature for tenants. The property is fully rented to excellent tenants willing to stay. Both units are leased through Section 8 at $1,855 and $1,791 per month ($1,963 paid by Section 8, balance paid by tenants). Total gross annual income of $43,752. Each unit has its own water meter and electric meter. Utilities paid by the tenants. Turnkey Residential Income property with immediate cash flow and no deferred maintenance. Ideal for investors seeking stable income and long-term hold potential. Located in a residential area with strong rental demand and convenient access to major roads, transportation, and local amenities. Asking price: $499,000.

ORCHARD VILLA EXT PB 17-55 LOT 17 BLK 8 LOT SIZE 50.000 X 106 OR 20994-3000 01 2003 6 COC 22894-3668/24401-4647 1104 1

Less Than 1/4 Acre Lot

Excellent investment opportunity in Miami. Fully renovated duplex in 2023 featuring two identical 1-bedroom, 1-bathroom units. Each unit offers a private patio, highly desirable feature for tenants. The property is fully rented to excellent tenants willing to stay. Both units are leased through Section 8 at $1,855 and $1,791 per month ($1,963 paid by Section 8, balance paid by tenants). Total gross annual income of $43,752. Each unit has its own water meter and electric meter. Utilities paid by the tenants. Turnkey Residential Income property with immediate cash flow and no deferred maintenance. Ideal for investors seeking stable income and long-term hold potential. Located in a residential area with strong rental demand and convenient access to major roads, transportation, and local amenities. Asking price: $499,000.

City:Miami,Zoning:0104,List A O R:A-Miami Association of REALTORS,Stories:1,Tax Year:2024,Latitude:25.8291401,Cooling Y N:1,Heating Y N:1,List Price:499000,Listing Id:A11942050,Longitude:-80.219414,Mls Status:Active,Year Built:1957,Living Area:840,Postal Code:33142,Street Name:58th Ter,Coordinates:1:25.8291401,Photos Count:14,Building Name:ORCHARD VILLA EXTENSION,Days On Market:1,Listing Terms:1:Conventional,2:FHA,Lot Size Units:Square Feet,M I A M I R E_ Area:31,M L S Area Major:Orchard Villa Extension,On Market Date:2026-01-08,Parcel Number:01-31-14-043-1481,Property Type:Residential Income,Stories Total:1,Street Number:1331,M I A M I R E_ Style:Duplex,Public Remarks:Excellent investment opportunity in Miami. Fully renovated duplex in 2023 featuring two identical 1-bedroom, 1-bathroom units. Each unit offers a private patio, highly desirable feature for tenants. The property is fully rented to excellent tenants willing to stay. Both units are leased through Section 8 at $1,855 and $1,791 per month ($1,963 paid by Section 8, balance paid by tenants). Total gross annual income of $43,752. Each unit has its own water meter and electric meter. Utilities paid by the tenants. Turnkey Residential Income property with immediate cash flow and no deferred maintenance. Ideal for investors seeking stable income and long-term hold potential. Located in a residential area with strong rental demand and convenient access to major roads, transportation, and local amenities. Asking price: $499,000.,County Or Parish:Miami-Dade County,Expiration Date:2027-01-01,List Office Name:LPT Realty, LLC,Standard Status:Active,Window Features:1:High Impact Windows,Living Area Units:Square Feet,Major Change Type:New,Postal Code Plus4:2513,Property Sub Type:Duplex,State Or Province:FL,Street Dir Prefix:NW,Subdivision Name:ORCHARD VILLA EXTENSION,Tax Annual Amount:6532,Total Actual Rent:43752,Unparsed Address:1331 NW 58th Ter, Miami FL 33142,Listing Agreement:Exclusive Right To Sell,Year Built Details:Effective Year Built,Building Area Total:891,Building Area Units:Square Feet,Leasable Area Units:Square Feet,M I A M I R E_ Flood Zone:X,M I A M I R E_ L P Amt Sq Ft:594.0476,Original List Price:499000,Public Survey Range:31,Documents Available:1:Copy Of Lease(S),I D X Participation Y N:1,M I A M I R E_ N A R Rules Y N:1,Number Of Units Total:2,Syndication Remarks:Excellent investment opportunity in Miami. Fully renovated duplex in 2023 featuring two identical 1-bedroom, 1-bathroom units. Each unit offers a private patio, highly desirable feature for tenants. The property is fully rented to excellent tenants willing to stay. Both units are leased through Section 8 at $1,855 and $1,791 per month ($1,963 paid by Section 8, balance paid by tenants). Total gross annual income of $43,752. Each unit has its own water meter and electric meter. Utilities paid by the tenants. Turnkey Residential Income property with immediate cash flow and no deferred maintenance. Ideal for investors seeking stable income and long-term hold potential. Located in a residential area with strong rental demand and convenient access to major roads, transportation, and local amenities. Asking price: $499,000.,Listing Contract Date:2026-01-08,Originating System I D:miamire,Public Survey Section:14,Showing Instructions:24 Hour Notice,Appointment Only,Call Listing Agent,Street Number Numeric:1331,Tax Legal Description:ORCHARD VILLA EXT PB 17-55 LOT 17 BLK 8 LOT SIZE 50.000 X 106 OR 20994-3000 01 2003 6 COC 22894-3668/24401-4647 1104 1,M I A M I R E_ Current Price:499000,M I A M I R E_ Owner Agent Y N:1,Public Survey Township:31,M I A M I R E_ Municipal Code:31,M I A M I R E_ Total Mortgage:276250,Originating System Name:Miami Association of REALTORS?,M I A M I R E_ Adjusted Area S F:853,M I A M I R E_ Internet Remarks:Fully renovated duplex (1-1 + 1-1) in 2023. Section 8 tenants pay $1,855 and $1,791/month ($1,963 paid by Section 8). Gross annual income $43,752,M I A M I R E_ Parcel Number M L X:1481,M I A M I R E_ Separate Meter Y N:1,M I A M I R E_ Showing Time Flag:1,M I A M I R E_ Street View Param:1$25.82919$-80.219413$144.92$13.33$1.00$3CTiVqhsIMSGXhlko9Iulg,Contract Status Change Date:2026-01-08,Internet Address Display Y N:1,Number Of Units In Community:1,M I A M I R E_ Ok To Advertise List:No,M I A M I R E_ Subdivision Number:43,M I A M I R E_ Agent Alternate Phone:786-393-9495,Internet Entire Listing Display Y N:1,M I A M I R E_ Address Internet Display:1331 NW 58th Ter,M I A M I R E_ R A T I O_ Current Price_ By_ S Q F T:594.05,