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580 NW 58th St, Miami, FL 33127
$784,900
580 NW 58th St, Miami, FL 33127View this property at 580 NW 58th St, Miami, FL 33127
580 NW 58th StMiamiFL33127
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Property 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.
Full Property Details
Full Property Details for 580 NW 58th St
General
- Sold For: $784,900
- Taxes: $8,967 (2023)
- Status: Closed
- Type: Duplex
- MLS ID: A11467470
- Added to Site: 221 day(s) ago
Rental Information
- Rent Includes: Gardener, Trash Collection
Interior
- Flooring: Vinyl
Parking
- Total Spaces: 4
Location
- Area: Buena Vista Gardens
- County: Miami-Dade County
- Subdivision: BUENA VISTA GARDENS
- Building Name: BUENA VISTA GARDENS
Community
- Community Name: Buena Vista Gardens
- Units Assoc/Comm: 2
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Central Air
- Heating Type: Heat Pump/Reverse Cycle
Utilities
- Sewer: Public Sewer
- Water: Municipal Water
Structural Information
- Architectural Style: Detached
- Structure Type: Duplex
- Detached/Attached: Detached
- Construction: CBS Construction
- Roof: Shingle
- Windows: Blinds
- Stories/Levels: 1
- Building Size: 2334
- Square Feet: 2,334
- Living Area: 2,334 Sq. Ft.
- Year Built: 2008
- Property Condition: Substantially Remodeled
Unit Information
- Units in Complex: 2
Lot Features
- Lot Features: Less Than 1/4 Acre Lot
- Potential Use: Investment
- Zoning: 5700
Financial Considerations
- Price Per Sq. Ft.: $336.29
- Operating Expenses: $12,968
- Tax Amount: $8,967
- Tax Year: 2023
- Terms: All Cash, Conventional, FHA, VA Loan
Disclosures and Reports
- Buyer’s Brokerage Compensation: 3%
- Documents Avail.: Deposit - Last Months Rent, Deposit - Security
- Legal Description: BUENA VISTA GARDENS PB 5-45 LOT 1 LESS EXT AREA OF CURVE IN NE COR FOR R/W BLK 4 LOT SIZE 48.930 X 125 COC 22794-0136 11 2004 2
- Property ID: 01-31-13-042-0880
Listed by Resivest Realty LLC
Sold by Todd Nation
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Schools
Schools serving 580 NW 58th St
School District:Miami-Dade County School District
Rating | Name | Grades | Distance |
---|---|---|---|
120 Ne 59th St, Miami, FL 33137 | PK-5 | 0.7 mi | |
12829 Sw 272nd St, Homestead, FL 33032 | PK-8 | 24.7 mi | |
3100 Nw 5th Ave, Miami, FL 33127 | 6-8 | 1.6 mi | |
6161 Nw 5th Ct, Miami, FL 33127 | 9-12 | 0.2 mi | |
Robert Morgan Educational Center and Technical College
18180 Sw 122 Avenue, Miami, FL 33177 | 9-12 | 19.6 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 580 NW 58th St
Date
Details
Price
Change
Source
11/20/2023
Sold
$784,900
—
MLS
10/10/2023
Listed
$784,900
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
580 NW 58th St, Miami, FL 33127 (MLS# A11467470) is a Duplex property that was sold at $784,900 on November 20, 2023. Want to learn more about 580 NW 58th St? 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.