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$499,000
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Property 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.
Full Property Details
Full Property Details for 1331 NW 58th Terrace
General
- Price: $499,000
- Taxes: $6,532 (2024)
- Status: Active
- Type: Duplex
- Source: Greater_Miami
- MLS ID: A11942050
- Updated: 1/12/2026
- Added to Site: 9 day(s) ago
Rental Information
- Rent Includes: None
Interior
- Flooring: Vinyl
Location
- Area: Orchard Villa Extension
- County: Miami-Dade County
- Subdivision: ORCHARD VILLA EXTENSION
- Building Name: ORCHARD VILLA EXTENSION
Community
- Community Name: Orchard Villa Extension
- Units Assoc/Comm: 2
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Other
- Heating Type: Heat Pump/Reverse Cycle
Utilities
- Sewer: Public Sewer
Structural Information
- Structure Type: Duplex
- Detached/Attached: Detached
- Construction: CBS Construction
- Roof: Flat Tile
- Windows: Clear Impact Glass, High Impact Windows
- Stories/Levels: 1
- Building Size: 891
- Square Feet: 840
- Living Area: 840 Sq. Ft.
- Year Built: 1957
- Property Condition: Substantially Remodeled
Unit Information
- Units in Complex: 2
Lot Features
- Lot Features: Less Than 1/4 Acre Lot
- Zoning: 104
Financial Considerations
- Price Per Sq. Ft.: $594.05
- Tax Amount: $6,532
- Tax Year: 2024
- Terms: All Cash, Conventional, FHA
Disclosures and Reports
- Documents Avail.: Deposit Held, Copy Of Lease(S)
- 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
- Property ID: 01-31-14-043-1481
Listed by LPT Realty, LLC
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Schools
Schools serving 1331 NW 58th Terrace
School District:Dade County School District
| Name | Grades | Distance |
|---|---|---|
Orchard Villa Elementary School 5720 Northwest 13th Avenue, Miami, FL 33142 | PK-5 | 0.1 mi |
Brownsville Middle School 4899 Northwest 24th Avenue, Miami, FL 33142 | 6-8 | 1.2 mi |
Miami Northwestern Senior High School 1100 Northwest 71st Street, Miami, FL 33150 | 9-12 | 0.7 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1331 NW 58th Terrace
Date
Details
Price
Change
Source
1/08/2026
Listed
$499,000
52.6%
MLS
12/27/2022
Sold
$327,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 1331 NW 58th Terrace
Year
Property Taxes
Change
Tax Assessment
Change
2024
$6,494
6%
$286,206
10%
2023
$6,124
78%
$260,956
97%
2021
$3,434
-10%
$132,696
-25%
2022
$3,809
11%
$175,850
58%
2021
$3,434
61%
$111,360
141%
2019
$2,137
13%
$46,282
10%
2018
$1,897
12%
$42,075
-25%
2017
$1,697
8%
$56,406
62%
2016
$1,577
5%
$34,773
10%
2015
$1,506
5%
$31,612
10%
2014
$1,439
6%
$28,739
10%
2013
$1,352
—
$26,127
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 1331 NW 58th Terrace
1331 NW 58th Ter, Miami, FL 33142 (MLS# A11942050) is a Duplex property with 0 bedrooms and 0 full bathrooms. 1331 NW 58th Ter is currently listed for $499,000 and was received on January 08, 2026. Want to learn more about 1331 NW 58th Ter? Do you have questions about finding other Duplex real estate for sale in Miami? You can browse all Miami real estate or contact a Coldwell Banker agent to request more information.

