Miami, FL 33142,1331 NW 58th Ter
Miami, FL 33142,1331 NW 58th Ter
Miami, FL 33142,1331 NW 58th Ter
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$499,000
Est. payment /mo
840 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Square Footage 840 sqft

Price per Sqft $594

Subdivision Orchard Villa Extension

MLS Listing ID A11942050

HOA Y/N No

Year Built 1957

Annual Tax Amount $6,532

Tax Year 2024

Property Sub-Type Duplex

Property Description

Excellent investment opportunity in Miami. Fully renovated duplex in 2023 featuring two identical 1-bedroom, 1-bathroom units. Each unit offers a private patio, highly desirable feature for tenants.

The property is fully rented to excellent tenants willing to stay. Both units are leased through Section 8 at $1,855 and $1,791 per month ($1,963 paid by Section 8, balance paid by tenants). Total gross annual income of $43,752. Each unit has its own water meter and electric meter. Utilities paid by the tenants.

Turnkey Residential Income property with immediate cash flow and no deferred maintenance. Ideal for investors seeking stable income and long-term hold potential. Located in a residential area with strong rental demand and convenient access to major roads, transportation, and local amenities.

Asking price: $499,000.

Location

State FL

County Miami-dade

Community Orchard Villa Extension

Area 31

Interior

Heating Heat Pump

Cooling Other

Flooring Vinyl

Window Features Impact Glass

Exterior

Exterior Feature Security/High Impact Doors

Pool None

Utilities Available Cable Not Available

Roof Type Flat,Tile

Private Pool No

Building

Lot Description < 1/4 Acre

Story 1

Sewer Public Sewer

Level or Stories One

Structure Type Block

Others

Tax ID 01-31-14-043-1481

Acceptable Financing Cash, Conventional, FHA, Other

Listing Terms Cash, Conventional, FHA, Other

Virtual Tour https://www.propertypanorama.com/instaview/mia/A11942050


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Miami Association of Realtors (SEFMIAMI MLS)
Listed by LPT Realty, LLC

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Evelyn Martell

Evelyn Martell

+1(787) 501-3639

Agent | License ID: 3447247

Agent License ID: 3447247

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1331 NW 58th Ter