1126 58th Ter ,Detached, Quadruplex, Gabel Sub No 4 for Sale

1126 58th Ter for Sale

Price $799,000.00

• Lot size 1980
• Year Build 1936
• Waterfront
• Zip 33127
• Style Detached
• Parking Description
• Pool Yes
• Status Active

Description

The only fully remodeled, permitted, conforming fourplex in the area under $1M, and it sits in a federal Opportunity Zone. Turnkey, fully leased 4-unit in 33127 with an 8.4% in-place cap rate. Four 1/1 units, separately metered for electric. Remodeled under permit. New roof, impact windows, electrical, plumbing, tankless water heaters, kitchens with Samsung black-stainless appliances, and baths. 40-year recertification complete. Gross income $83,400/yr, with rents below the $2,040 Section 8 payment standard: up to $19,320/yr of upside on turnover. Blocks from Related Urban's Liberty Square redevelopment and minutes from the planned Little River district, future Tri-Rail station, Wynwood, and the Design District. 5,680 sf lot with parking for 4. Buy it and collect.

14 53 41 GABEL SUB NO 4 PB 16-23 LOT 9 BLK 2 LOT SIZE 40 X 142 OR 19187-3542 06 2000 5 OR 21458-4652 0603 1 COC 22828-1976 10 2004 1

Less Than 1/4 Acre Lot

The only fully remodeled, permitted, conforming fourplex in the area under $1M, and it sits in a federal Opportunity Zone. Turnkey, fully leased 4-unit in 33127 with an 8.4% in-place cap rate. Four 1/1 units, separately metered for electric. Remodeled under permit. New roof, impact windows, electrical, plumbing, tankless water heaters, kitchens with Samsung black-stainless appliances, and baths. 40-year recertification complete. Gross income $83,400/yr, with rents below the $2,040 Section 8 payment standard: up to $19,320/yr of upside on turnover. Blocks from Related Urban's Liberty Square redevelopment and minutes from the planned Little River district, future Tri-Rail station, Wynwood, and the Design District. 5,680 sf lot with parking for 4. Buy it and collect.

City:Miami,Zoning:5700,List A O R:A-Miami Association of REALTORS,Stories:1,Tax Year:2025,Latitude:25.828981,Cooling Y N:1,Heating Y N:1,List Price:799000,Listing Id:A12111480,Longitude:-80.215022,Mls Status:Active,Year Built:1936,Directions:I-95 to NW 54th St, west to NW 12th Ave, north to NW 58th Ter, east to property.,Living Area:1980,Postal Code:33127,Street Name:58th Ter,Coordinates:1:25.828981,Photos Count:8,Building Name:GABEL SUB NO 4,Days On Market:5,Listing Terms:1:Conventional,Lot Size Units:Square Feet,M I A M I R E_ Area:31,M L S Area Major:Gabel Sub No 4,On Market Date:2026-10-22,Parcel Number:01-31-14-023-0341,Parking Total:4,Property Type:Residential Income,Rent Includes:1:Sewer,2:Trash Collection,3:Water,Stories Total:1,Street Number:1126,M I A M I R E_ Style:Fourplex,Public Remarks:The only fully remodeled, permitted, conforming fourplex in the area under $1M, and it sits in a federal Opportunity Zone. Turnkey, fully leased 4-unit in 33127 with an 8.4% in-place cap rate. Four 1/1 units, separately metered for electric. Remodeled under permit. New roof, impact windows, electrical, plumbing, tankless water heaters, kitchens with Samsung black-stainless appliances, and baths. 40-year recertification complete. Gross income $83,400/yr, with rents below the $2,040 Section 8 payment standard: up to $19,320/yr of upside on turnover. Blocks from Related Urban's Liberty Square redevelopment and minutes from the planned Little River district, future Tri-Rail station, Wynwood, and the Design District. 5,680 sf lot with parking for 4. Buy it and collect.,Structure Type:1:Fourplex,County Or Parish:Miami-Dade County,Expiration Date:2027-05-26,List Office Name:Beachfront Realty Inc,Standard Status:Active,Living Area Units:Square Feet,Major Change Type:New,Postal Code Plus4:1359,Property Sub Type:Quadruplex,State Or Province:FL,Street Dir Prefix:NW,Subdivision Name:GABEL SUB NO 4,Tax Annual Amount:9299,Total Actual Rent:78600,Unparsed Address:1126 NW 58th Ter, Miami FL 33127,Listing Agreement:Exclusive Right To Sell,Operating Expense:16159,Year Built Details:Resale,Building Area Total:1980,Building Area Units:Square Feet,Leasable Area Units:Square Feet,M I A M I R E_ Flood Zone:AH,M I A M I R E_ L P Amt Sq Ft:403.5354,Original List Price:799000,Public Survey Range:31,I D X Participation Y N:1,M I A M I R E_ N A R Rules Y N:1,Net Operating Income:67241,Syndication Remarks:The only fully remodeled, permitted, conforming fourplex in the area under $1M, and it sits in a federal Opportunity Zone. Turnkey, fully leased 4-unit in 33127 with an 8.4% in-place cap rate. Four 1/1 units, separately metered for electric. Remodeled under permit. New roof, impact windows, electrical, plumbing, tankless water heaters, kitchens with Samsung black-stainless appliances, and baths. 40-year recertification complete. Gross income $83,400/yr, with rents below the $2,040 Section 8 payment standard: up to $19,320/yr of upside on turnover. Blocks from Related Urban's Liberty Square redevelopment and minutes from the planned Little River district, future Tri-Rail station, Wynwood, and the Design District. 5,680 sf lot with parking for 4. Buy it and collect.,Listing Contract Date:2026-10-22,Originating System I D:miamire,Public Survey Section:14,Showing Instructions:Call Listing Agent,Street Number Numeric:1126,Tax Legal Description:14 53 41 GABEL SUB NO 4 PB 16-23 LOT 9 BLK 2 LOT SIZE 40 X 142 OR 19187-3542 06 2000 5 OR 21458-4652 0603 1 COC 22828-1976 10 2004 1,M I A M I R E_ Current Price:799000,Public Survey Township:31,M I A M I R E_ Municipal Code:1,Originating System Name:Miami Association of REALTORS®,M I A M I R E_ Adjusted Area S F:1804,M I A M I R E_ Exp Incl Trash Y N:1,M I A M I R E_ Internet Remarks:Remodeled, permitted 4-unit in an Opportunity Zone. 8.4% in-place cap rate, $83,400/yr gross, Section 8 upside to $2,040/unit.,M I A M I R E_ Parcel Number M L X:0341,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$25.829066$-80.214991$219.11$13.33$1.00$70QaPR0HdvRbKE7Qzvgk2g,Contract Status Change Date:2026-10-22,Internet Address Display Y N:1,M I A M I R E_ Cable Available Y N:1,Number Of Units In Community:4,Internet Consumer Comment Y N:1,M I A M I R E_ Ok To Advertise List:With Written Broker Approval,M I A M I R E_ Subdivision Number:23,M I A M I R E_ Agent Alternate Phone:305-399-8241,M I A M I R E_ Exp Incl Water Sewer Y N:1,Internet Entire Listing Display Y N:1,M I A M I R E_ Address Internet Display:1126 NW 58th Ter,M I A M I R E_ Exp Incl Lawn Maintenance Y N:1,M I A M I R E_ R A T I O_ Current Price_ By_ S Q F T:403.54,Internet Automated Valuation Display Y N:1,