1126 NW 58th Terrace For Sale
Property Details
| Asking Price | $799,000 |
|---|---|
| Price per SqFt | $404 |
| Property Taxes | $9,299 2025 |
| Interior Space | 1,980 SqFt |
| Beds/Baths | —/— |
| Year Built | 1936 |
| Pool | No |
| MLS # | A12111480 |
Location
From the listing
The only fully remodeled, permitted, conforming fourplex in the area under $1M, and it sits in a federal Opportunity Zone. Turnkey, fully leased 4-unit in 33127 with an 8.4% in-place cap rate. Four 1/1 units, separately metered for electric. Remodeled under permit. New roof, impact windows, electrical, plumbing, tankless water heaters, kitchens with Samsung black-stainless appliances, and baths. 40-year recertification complete. Gross income $83,400/yr, with rents below the $2,040 Section 8 payment standard: up to $19,320/yr of upside on turnover. Blocks from Related Urban's Liberty Square redevelopment and minutes from the planned Little River district, future Tri-Rail station, Wynwood, and the Design District. 5,680 sf lot with parking for 4. Buy it and collect.
Listed by Beachfront Realty Inc
What It Costs to Own
Monthly, before a mortgage and insurance
Taxes $9,299 for 2025. MLS figures, which may not be accurate.
Sales History for This Home · 1126 NW 58th Terrace, Miami, FL 33127
| Sale ⇅ | Sold Price ⇅ | Closed Date ⇅ |
|---|---|---|
| A1619975 | $90,000 | 6/14/13 |
Listed by Beachfront Realty Inc. Mark Zilbert of ONE Sotheby's International Realty is a cooperating (transaction) broker and helps buyers find properties in Miami and throughout South Florida.
Ask Mark About This Listing
1126 NW 58th Terrace, Miami · MLS A12111480 · $799,000
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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 There may be unpublished, private, quit claim and other property offerings and transfers that do not appear here, which may affect how a buyer or seller perceives property values.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.