580-590 58th St ,Detached, Duplex, Buena Vista Gardens en Venta

580-590 58th St en Venta

Precio $814,900.00

• Tamaño de lote 2334
• Año de construcción 2008
• Frente al agua
• Zip 33127
• Estilo Detached
• Parking Descripción
• Piscina Yes
• Estado Active

Descripción

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.

BUENA VISTA GARDENS PB 5-45 LOT 25 LESS COMM 10.62FTN OF SW COR OF LOT 24 NELY17.70FT N 13 DEG E 22.39FT FOR POB CONT N 13 DEG E 31.39FT NLY

Less Than 1/4 Acre Lot

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.

City:Miami,Zoning:5700,List A O R:A-Miami Association of REALTORS,Stories:1,Tax Year:2025,Latitude:25.8285561,Cooling Y N:1,Heating Y N:1,List Price:814900,Listing Id:A11783338,Longitude:-80.2054856,Mls Status:Active,Year Built:2008,Living Area:2094,Postal Code:33127,Street Name:58th St,Coordinates:1:25.8285561,Photos Count:11,Building Name:BUENA VISTA GARDENS,Days On Market:188,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:Buena Vista Gardens,On Market Date:2025-04-15,Parcel Number:01-31-13-042-0880,Parking Total:4,Property Type:Residential Income,Stories Total:1,Street Number:580-590,M I A M I R E_ Style:Duplex,Public Remarks: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.,County Or Parish:Miami-Dade County,Expiration Date:2026-05-01,List Office Name:Todd Nation,Standard Status:Active,Living Area Units:Square Feet,Major Change Type:Price Increase,Postal Code Plus4:1579,Property Sub Type:Duplex,State Or Province:FL,Street Dir Prefix:NW,Subdivision Name:BUENA VISTA GARDENS,Tax Annual Amount:10147,Total Actual Rent:76800,Unparsed Address:580-590 NW 58th St, Miami FL 33127,Listing Agreement:Exclusive Right To Sell,Operating Expense:14000,Year Built Details:Effective Year Built,Building Area Total:2334,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:389.1595,Original List Price:989500,Previous List Price:794900,Public Survey Range:31,I D X Participation Y N:1,M I A M I R E_ Last Status:Withdrawn,M I A M I R E_ N A R Rules Y N:1,Net Operating Income:62800,Number Of Units Total:2,Syndication Remarks: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.,Listing Contract Date:2025-04-15,Originating System I D:miamire,Public Survey Section:13,Showing Instructions:Call Listing Agent,Street Number Numeric:580,Tax Legal Description:BUENA VISTA GARDENS PB 5-45 LOT 25 LESS COMM 10.62FTN OF SW COR OF LOT 24 NELY17.70FT N 13 DEG E 22.39FT FOR POB CONT N 13 DEG E 31.39FT NLY,M I A M I R E_ Current Price:814900,Public Survey Township:31,M I A M I R E_ Municipal Code:1,M I A M I R E_ Total Mortgage:555000,Originating System Name:Miami Association of REALTORS?,M I A M I R E_ Adjusted Area S F:1107,M I A M I R E_ Exp Incl Retax Y N:1,M I A M I R E_ Exp Incl Trash Y N:1,M I A M I R E_ Internet Remarks:professionally maintained and stabilized . It brings in $6,400/month: one long-term Section 8 tenant at $3,200 and market rent at $3,200.,M I A M I R E_ Parcel Number M L X:0880,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$25.828565$-80.205554$236.80$13.33$1.00$gDmWm-gu-ZMYja3Z-FaFQw,Contract Status Change Date:2025-04-15,Internet Address Display Y N:1,M I A M I R E_ Cable Available Y N:1,Number Of Units In Community:2,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:42,M I A M I R E_ Exp Incl Insurance Y N:1,M I A M I R E_ Agent Alternate Phone:518-491-5088,M I A M I R E_ Supplemental Remarks:?I?m selling a rock-solid duplex I?ve personally managed for years?professionally maintained and stabilized with zero drama. It brings in $6,400/month: one long-term Section 8 tenant at $3,200 and another paying fair market rent at $3,200. With just $6,480 in insurance and $10,147 in annual property taxes, it?s a cash-flow machine. But here?s the kicker?it?s in an Opportunity Zone. That means you can roll in capital gains tax-deferred for up to 12 months, and if you hold it for 10 years or more, you can completely eliminate capital gains tax on the appreciation. This isn?t just a smart buy?it?s a tax-free wealth builder.?,Internet Entire Listing Display Y N:1,M I A M I R E_ Address Internet Display:580-590 NW 58th St,M I A M I R E_ Exp Incl Maintand Repair Y N:1,M I A M I R E_ R A T I O_ Current Price_ By_ S Q F T:389.16,Internet Automated Valuation Display Y N:1,