$784,900
Miami, FL 33127
MLS# A11467470
Status: Closed
2334 sqft
1 / 12
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.
Details
Maps
Contract Information
Comp Sale YN: No
Listing Date: 2023-10-10
Status: Closed
Original List Price: 784900
Sold Price: $784,900
Current Price: $784,900
Location and Legal
County Or Parish: Miami-Dade
County Parish Name: Miami-Dade
City Name: Miami
Municipal Code: 1
Postal Zip: 33127
Subdivision Number: 42
Flood Zone: X
Country: United States
Street Number: 580
Street Direction Prefix: NW
Street Name: 58th
Street Suffix: Street
State Or Province: FL
Postal Code: 33127
Postal Code +4: 1518
Subdivision Name: BUENA VISTA GARDENS
Area: 2310
Parcel Number: 0131130420880
Zoning: 5700
General Property Information
Number Of Units Total: 2
Living Area Main: 2334
Parking Total: 4
Stories Total: 1
Pool Private YN: No
Property Sub Type: Duplex
Building Area Main: 2334
Year Built: 2008
Office/Member Information
DXORIGMLSID: SEF
Status Change Information
Buyer Financing: Conventional
Major Change Timestamp: 2023-11-20T23:58:08Z
Major Change Type: Status Change
Status Change Date: 2023-11-26
Under Contract Date: 2023-10-18
Close Date: 2023-11-20
Close Price: 784900
Flooring
Vinyl: 1
Property Condition
Updated/Remodeled: 1
Documents Available
Deposit - Last Months Rent: 1
Deposit - Security: 1
Meter Information
Separate Electric Meters YN: Yes
Structure Type
Duplex: 1
Possession
Negotiable: 1
Subject To Tenant Rights: 1
Sewer
Public Sewer: 1
Utilities
Cable Available: 1
Heating
Heat Pump: 1
Separate Meters: 1
Construction Materials
CBS: 1
Listing Terms
Cash: 1
Conventional: 1
FHA: 1
VA Loan: 1
Roof
Shingle: 1
Water Source
Public: 1
Income and Expenses
Gross Income: 76800
Total Expenses: 12968
Net Operating Income: 63832
Cooling
Central Air: 1
Showing Requirements
Call Listing Agent: 1
Tax Information
City/County: 1
Contingencies
Inspection: 1
Buyer Details
Intended Use: Investment
Concessions
Seller Concessions: No
Unit 1 Appliances
Dishwasher: 1
Dryer: 1
Microwave: 1
Range: 1
Refrigerator: 1
Washer: 1
Unit 1 Details
Actual Rent: 3200
Baths Full: 2
Beds Total: 3
Efficiency YN: No
Furnished: Unfurnished
SqFt: 1350
Unit 1 Lease Description
Currently Leased YN: Yes
Unit 1 Other Equipment
Air Conditioning Unit: 1
Unit 1 Parking Features
Open Parking: 1
Unit 1 Rooms
Family Room: 1
Kitchen: 1
Unit 2 Appliances
Dishwasher: 1
Dryer: 1
Microwave: 1
Range: 1
Refrigerator: 1
Washer: 1
Unit 2 Details
Actual Rent: 3200
Baths Full: 2
Beds Total: 3
Efficiency YN: No
Furnished: Unfurnished
SqFt: 1350
Unit 2 Lease Description
Currently Leased YN: Yes
Unit 2 Other Equipment
Air Conditioning Unit: 1
Unit 2 Parking Features
Open Parking: 1
Price Calculations
Current Price To SqFt: 336.29
Section Details
Parcel Number MLX: 0880
Financial Information
Tax Annual Amount: 8967
Tax Year: 2023
Tax 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
Originating Details
Originating System Key: 387284344
Originating System ID: M00000151
Property Features
Documents Available: Deposit - Last Months Rent; Deposit - Security
Flooring: Vinyl
Property Condition: Updated/Remodeled
Structure Type: Duplex
Construction Materials: CBS
Cooling: Central Air
Heating: Heat Pump; Separate Meters
Listing Terms: Cash; Conventional; FHA; VA Loan
Possession: Negotiable; Subject To Tenant Rights
Roof: Shingle
Sewer: Public Sewer
Tax Information: City/County
Utilities: Cable Available
Water Source: Public
Showing Requirements: Call Listing Agent
Unit 1 Appliances: Dishwasher; Dryer; Microwave; Range; Refrigerator; Washer
Unit 1 Other Equipment: Air Conditioning Unit
Unit 1 Parking Features: Open Parking
Unit 1 Rooms: Family Room; Kitchen
Unit 2 Appliances: Dishwasher; Dryer; Microwave; Range; Refrigerator; Washer
Unit 2 Other Equipment: Air Conditioning Unit
Unit 2 Parking Features: Open Parking
Contingencies: Inspection
Listing Office: Resivest Realty LLC
Last Updated: August - 11 - 2026
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