Basic Information

  • MLS # A11467470
  • Type Duplex
  • Status Closed
  • Subdivision/Complex BUENA VISTA GARDENS
  • Year Built 2008
  • Total Sqft 2,334
  • Date Listed 10/11/2023
  • Days on Market 40
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.

Amenities

Exterior Features

  • Waterfront No
  • Parking Spaces 0
  • Pool No
  • Construction Type Block
  • Parking Description
  • Style Duplex

Interior Features

  • Adjusted Sqft 2,334Sq.Ft
  • Cooling Description Central Air
  • Floor Description Vinyl
  • Heating Description Heat Pump
  • Sqft 2,334 Sq.Ft

Property Features

  • Address 580 NW 58th St
  • Aprox. Lot Size 2,334
  • Construction Materials Block
  • Furnished Info no
  • Listing Terms Cash, Conventional, F H A, Va Loan
  • HOA Fees $0
  • Subdivision Complex
  • Subdivision Info BUENA VISTA GARDENS
  • Tax Amount $8,967
  • Tax Legal desc 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
  • Tax Year 2023
  • Terms Considered Cash, Conventional, F H A, Va Loan
  • Type of Property Duplex

580 NW 58th St

Miami, FL 33127

Similar Properties For Sale

The multiple listing information is provided by the Miami Association of Realtors® from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2023-present Miami Association of Realtors®. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: Resivest Realty LLC. tel: 786-368-7865

Real Estate IDX Powered by: TREMGROUP