1126 NW 58th Ter, Miami, FL 33127

About This Home

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.

Property Details

Flooring

Vinyl

Heating

Electric

Cooling

Electric

Architectural Style

Detached

Building & Association

Building Name

GABEL SUB NO 4

Stories

1

Stories Total

1

Association

No

Lot & Construction

Lot Features

Less Than 1/4 Acre Lot

Lot Size Square Feet

0

Waterfront

No

View

No

Construction Materials

Frame With Stucco

Roof

Shingle

New Construction

No

Public Records

Parcel Number

01-31-14-023-0341

Tax Annual Amount

$9,299

Tax Year

2,025

Zoning

5700

County Or Parish

Miami-Dade County

Location