350 Nw 58th Ave, Miami, FL 33126
- $749,000
- 1,205
- SqFt
- List Price
- $749,000
- MLS#
- A12063753
- Sq. Ft
- 1,205
- Subtype
- Triplex
- County
- Miami-Dade
- Community
- W Flagler Pk
- Subdivision
- W Flagler Pk
- Year Built
- 1952
Property Description
Exceptional investment opportunity! Fully updated legal property featuring 3 modern units: one 2BR/1BA, one 1BR/1BA, and one studio. 100% occupied with current tenants, offering immediate rental income. At the asking price, the property offers an estimated 4.76% cap rate (based on current rental income and estimated operating expenses). Prime central Miami location just 5 minutes from Miami International Airport and minutes to Brickell, Downtown Miami, Wynwood, and Miami's beaches. Convenient access to major expressways, supermarkets, restaurants, shopping, and entertainment. Property includes parking for up to 5 vehicles, plus ample street parking for tenants and guests. Turnkey investment with strong income potential in a high-demand rental market. Ideal for investors seeking stable cash flow and long-term appreciation. Buyer to verify all income, expenses, and cap rate calculations independently.
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Additional Information
- Status Label
- ACTIVE
- Total Unitsin Complex
- 3
- Construction
- Concrete Block Construction
- Cooling
- Electric
- Flooring
- Tile
- Heating
- Electric
- Lot Description
- Less Than 1/4 Acre Lot
- Roof
- Built-Up
- Taxes
- $5,200
- Total Floors
- 1
- Stories
- 1
- Roofing
- Built-Up
- Price Per Sqft
- $621
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