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Listed price in listed location currency (USD).
$784,900
$784,900

004

MLS® A11467470

Overview

Key Facts

Type Duplex
Levels Residential Income
Size 2334 sqft
Garage No
Taxes $8,967
Lot Size 
Approx. Age 2008
Avg. Price Per Sqft $336
MLS® Number A11467470

Property Address: 580 Nw 58th St, Miami, FL, 33127-1579

Average square foot calculated using Size range provided by listing agent.

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.
MLS® NumberA11467470
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
GarageNo
Approx. Age2008
Basement
Driveway
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Price History

Oct 18, 2023End Date
$784,900Sold Price

Sold

Oct 11, 2023List Date
$784,900List Price

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