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580-590 58th St
Miami-dade, Buena Vista Gardens, Miami, FL
FOR SALE
Asking
$784,900
BTC
8.991
ETH
266.42
Home Size
2,094 sq. ft.
Year Built
2008
2008 construction , renovated in 2023
A standout feature is the detached design, giving each unit the feel of a private single-family home. This unique layout attracts stronger tenant demand and allows for higher rent premiums compared to traditional duplex configurations.
Currently, one unit is leased to a Section 8 tenant and the other to a long-term market-rate tenant. Section 8-approved rents in this area are up to $3,330 per unit per month, offering strong upside potential.
With both units rented at this rate, the property would generate $79,920 in annual gross income, translating to a fair market value in the $1.05M–$1.15M range (based on comparable sales at a 7–7.5% cap rate).
With low maintenance and modern, high-end finishes, this property offers a hassle-free investment.
LOADING
Location
Market Area
Miami-Dade
Neighborhood
BUENA VISTA GARDENS
Agent
Todd Nation
+1 310 910 1722