

Property Details
| Sold Price | $740,000 |
|---|---|
| Last Asking Price | $740,000 |
| Price per SqFt | $353 |
| Maintenance fee | $0 |
| Property Taxes | $10,147 2025 |
| Interior Space | 2,094 SqFt |
| Beds/Baths | —/— |
| Year Built | 2008 |
| Pool | No |
| Closed Date | 5/21/2026 |
| MLS # | A11783338 |
Estimated Costs
An estimate of condo or HOA fees and property taxes
Fees and taxes based on MLS provided figures, and may not be accurate
From the listing
INCOME-PRODUCING DUPLEX | LIVE, LEVERAGE & BUILD WEALTHRare opportunity to own a mirror-image duplex featuring two spacious 3BD/2BA units, ideal for both homeowners and investors.Purchase options offer flexibility:$400,000 for one unit (50% ownership interest)$759,000 for full duplex ownershipPerfect for FHA buyers, allowing for low down payment options while benefiting from rental income. Live in one unit and rent the other, or maximize returns by leasing both.This property combines the advantages of residential financing with income-producing potential, making it an excellent choice as a primary residence, multi-generational home, or investment property. BUILT-IN INCOME + FINANCING EDGE• One unit leased to long-term tenant at $3,200/month • FHA allows use of 75% of rental income (~$2,400/month) toward qualification • Potential for low down payment (~3%) for owner-occupants This is one of the few true “house-hack” properties where income materially offsets ownership cost. The detached duplex design is a standout feature—each unit functions like a private single-family home, attracting higher-quality tenants, lowering turnover, and supporting strong long-term rents.“I’m selling a rock-solid duplex I’ve personally managed for years—professionally maintained and stabilized with zero drama. It brings in $6,400/month: one long-term Section 8 tenant at $3,200 and another paying fair market rent at $3,200. With just $6,480 in insurance and $10,147 in annual property taxes, it’s a cash-flow machine.But here’s the kicker—it’s in an Opportunity Zone. That means you can roll in capital gains tax-deferred for up to 12 months, and if you hold it for 10 years or more, you can completely eliminate capital gains tax on the appreciation. This isn’t just a smart buy—it’s a tax-free wealth builder.”
Listed by Todd Nation
Sales History for This Home · 580-590 NW 58th Street, Miami, FL 33127
Sales history is unavailable for this property

Listed by Todd Nation. Mark Zilbert of ONE Sotheby's International Realty is a cooperating (transaction) broker and helps buyers find properties in Miami and throughout South Florida.
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Location
The curated data and calculated data for this property and its surrounding condo units and homes is based solely on data we have extracted from the MLS. There may be unpublished, private, quit claim and other property offerings and transfers that do not appear here, which may affect how a buyer or seller perceives property values. Always conduct proper due diligence when considering buying or selling property.
