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    Miami Fourplex Investment Opportunity Title is generated by Realmo AI

    1277 NW 58th St, Miami, FL 33142

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    Claim this Listing
    Pending
    $960,000

    Fourplex, Quadruplex - Miami, FL

    Type:Quadruplex
    Property size:
    3,024 SF
    Added:
    May 8, 2026
    Days on Market:
    33
    Last Refresh:
    Jun 9 at 2:06 am

    Property Features for 1277 NW 58th St

    General Information

    Property type
    Residential
    Property subtype
    Quadruplex
    Zoning
    3901
    Bedrooms
    8
    Bathrooms
    4
    Rooms
    Bathroom 1, Bathroom 2, Bathroom 3, Bathroom 4, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5
    Parking
    4
    Standard status
    Pending
    APN
    01-31-14-043-1901
    Size
    3,024 SF

    Taxes and HOA fees

    Tax Year
    2024
    Tax Annual Amount
    7679

    Utilities

    Heating system
    Central, Electric (Heating)
    Cooling system
    Central Air, Electric

    Building Details

    Year built
    1958
    Flooring type
    Tile
    Building materials
    Block
    Roof type
    Other
    Architectural style
    Other

    We can help!

    Listing Contact
    Georgette Veissi

    Listing agent Georgette Veissi License #3338248

    Listing office Veissi & Associates, Inc. 18710 SW 107 Ave Ste 12, Miami, FL

    Listing date May 8, 2026

    MLS# A11986251 Listing URL

    Copyright © 2026 Miami REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Turnkey quadplex generating consistent rental income with strong cash flow.
    • Fully leased, providing immediate income.
    • Located in a high‑demand rental area, near public transit, schools, and shopping.
    • Offers both stability and long‑term appreciation potential.
    • Constructed of durable block.
    • Central air conditioning and electric heating.

    Overview

    This is a four-unit property located in Miami, Florida. The property, situated in a high-demand rental area, is fully leased and generates consistent rental income with strong cash flow and upside potential. The units are in proximity to public transit, schools, and shopping. The property size is 3024 square feet. The zoning is 3901. This income-producing property offers both stability and long-term appreciation.

    Local Financial Insights For Multifamily LT 5

    Simulate Cap Rate and NOI

    NOI Build-Up
    Vacancy
    income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
    EGI (Effective Gross Income)
    gross rent minus vacancy losses — the realistic income before paying operating costs.
    OpEx (Operating Expenses)
    recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
    NOI (Net Operating Income)
    income a property generates after operating costs but before financing and taxes.

    Component $ $/SF
    Gross rent $92.5k $30.60
    − Vacancy −$5.9k −$1.95
    EGI $86.6k $28.65
    − OpEx −$26.0k −$8.60
    NOI $60.6k $20.06
    3,024 SF · lease $30.60/SF/yr · vacancy 6.37% · expense 30.00%

    Alternative Uses

    Best Use
    Multifamily LT 5
    $866.4K
    $758.1K – $1.01M (±1% cap)
    NOI $60,648 @ 7.0% cap · market cap 6.32%
    Second Best
    Apartment 5plus
    $798.1K
    $698.3K – $931.1K (±1% cap)
    NOI $55,864 @ 7.0% cap · market cap 5.82%
    Theoretical Best
    Specialty Retail
    $2.04M
    $1.79M – $2.38M (±1% cap)
    NOI $142,885 @ 7.0% cap · market cap 14.88%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Quadplexes

    Suggested Use

    Law Firm Restaurant Real Estate Agency Spa & Massage Center Dental Office Hair Salon Nail Salon Food Market Gym & Fitness Center Skin Care Clinic

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Miami
    County
    Miami-Dade
    State
    Florida
    Longitude
    -80.218222
    Latitude
    25.828505

    FAQs

    What type of property is this?
    Quadplex - Turnkey four-unit property in high-demand rental area, fully leased.
    Where is this quadplex located?
    The property is located at 1277 NW 58th St Miami, FL.
    What is the asking price?
    The asking price for this property is $960,000.
    What are key features of this property?
    This property features: Turnkey quadplex generating consistent rental income with strong cash flow.; Fully leased, providing immediate income.; Located in a high‑demand rental area, near public transit, schools, and shopping.
    More about this property
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