580 Northwest 58th Street

Miami, FL 33127

$784,900
Last Sold Price
Beds
2,334 Sq. Ft.
$336 / Sq. Ft.
2,334
Sq. Ft.
$336
per Sq. Ft.

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...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.
  1. Listed by Leonardo Delgado, Jr. • Resivest Realty LLC

Property Details for 580 Northwest 58th Street

Subdivision
BUENA VISTA GARDENS
Style
Duplex
Waterfront
No
Area
31
Auction
No
Total Units
2
Num Stories
1
Sq Ft Total
2334
LISTING UPDATED: 11/26/2023 10:11 PM

Property Details for 580 Northwest 58th Street

StatusClosed
MLS #A11467470
Days on Market8
Taxes$8,967 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family Income / Duplex
Year Built2008
Lot Size-
CountyMiami-Dade County

Building Information for 580 Northwest 58th Street

Stories-Residences2Year Built2008Building Size-Lot Size-

Property Information for 580 Northwest 58th Street

Location Information
Location Information
  • Parcel Number Free Text: 01-31-13-042-0880
  • Parcel Number MLX: 0880
  • MLS Area: 31
  • Municipal Code: 1
  • Township Range: 31
  • Section: 13
  • Subdivision Number: 42
  • Subdivision Complex Bldg: BUENA VISTA GARDENS
  • Unit Count: 2
  • Zoning Information: 5700
General Information
Parking
  • Num Parking Spaces: 4
General Information
  • Property Type Information: Detached, Substantially Remodeled
  • Lot Description: Less Than 1/4 Acre Lot
Additional Property Information
Utilities
  • Heating Description: Heat Pump/Reverse Cycle
  • Cooling Description: Central Cooling
  • Water Description: Municipal Water
  • Sewer Description: Municipal Sewer
  • Separate Meter: Yes
  • Cable Available: Yes
Additional Property Information
  • Guest Accommodations: No
  • Rent Includes: Lawn Care, Trash Removal
  • Windows Treatment: Blinds/Shades
Financial Information
Financial Information
  • Flood Zone: X
  • Tax Year: 2023
  • Tax Information: Tax Reflects City & County Tax
  • Information Available: Deposit - Last Months Rent, Deposit - Security
  • PACEYN: No

Property History for 580 Northwest 58th Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 580 Northwest 58th Street

Taxable ValueLand$196,719Additions$243,331Total$440,050
Tax Record2023$8,797 ($733 / month)
Home Facts
Total Finished SqFt1,047 SqFtAbove Grade Finished SqFt1,047 SqFtStories1Lot Size5,702 SqFtStyleDuplexYear Built2008Zoning5700:DUPLEXESCountyMIAMI-DADEAPN01-3113-042-0880

Schools near 580 Northwest 58th Street

This home is within Miami-Dade County Public Schools.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - PK to 8
Public - 6 to 8
Public - 9 to 12
Rating
School
Distance
Toussaint L'Ouverture Elementary
PublicPK to 5

Jose De Diego Middle School
Public6 to 8

Robert Morgan Voc-Tech Institute
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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Similar Sold Homes

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Listing Courtesy of Resivest Realty LLC

Based on information from one of the following Multiple Listing Services: Beaches Multiple Listing Service, Inc., Martin County REALTORS® of the Treasure Coast, Inc., Miami Association of REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Beaches Multiple Listing Service, Inc., Martin County REALTORS® of the Treasure Coast, Inc., Miami Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.