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    Triplex Converted to Five Units Title is generated by Realmo AI

    2027 SW 58th Ave, Miami, FL 33155

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    For Sale
    $950,000

    MULTI_FAMILY - Miami, FL

    Property size:
    3,208 SF
    Price / SF:
    $296/SF
    Added:
    Jun 20, 2026
    Days on Market:
    12
    Last Refresh:
    Jul 1 at 4:06 pm

    Property Features for 2027 SW 58th Ave

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Bedrooms
    7
    Rooms
    Bedroom 1, Bedroom 5, Bedroom 6, Bathroom 1, Bathroom 2, Bedroom 2, Bathroom 4, Bedroom 7, Bathroom 3, Bedroom 4, Bedroom 3
    Parking
    4
    Standard status
    Active
    APN
    30-40-12-009-0250
    Size
    3,208 SF

    Taxes and HOA fees

    Tax Year
    2025
    Tax Description
    12 54 40 CORAL WAY PARK PB 11-40 LOT 30 BLK 1 LOT SIZE 40.000 X 143 OR16010-4220 0893 4
    Tax Annual Amount
    10881

    Utilities

    Utilities
    Cable Available
    Sewer type
    Public Sewer
    Cooling system
    Central Air, Electric
    Water source
    Public

    Building Details

    Year built
    1925
    Floors in Building
    1
    Flooring type
    Tile
    Building materials
    Block

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    Jaclyn Bild
    Jaclyn Bild

    Listing agent Jaclyn Bild License #3214288

    Listing office Douglas Elliman 5555 Biscayne Blvd Ste 302, Palm Beach, FL

    Listing date Jun 20, 2026

    MLS# A12037880 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

    • 3,208 living SF triplex divided into 5 units
    • 3 electric meters plus 4 designated parking spots
    • All 5 units leased to long‑term, month‑to‑month tenants
    • Current total rent is $5,900/month (below‑market rents as stated in remarks)
    • Block construction with tile flooring and central air with electric cooling
    • Public water and public sewer; cable available

    Overview

    This for-sale multifamily property is a triplex configuration totaling 3,208 square feet, divided into 5 units. The setup includes 3 electric meters and 4 designated parking spots, supporting the day-to-day needs of multiple households within a single building.

    Located at 2027 SW 58th Ave in Miami, the property is described as being just blocks from Coral Gables and near Schenley Park, Nicklaus Children’s Hospital, and public transportation, with shopping and dining nearby. The remarks also note that it is in unincorporated Dade.

    The 5 units are leased to long-term, month-to-month tenants. The current total rent is stated at $5,900 per month, with tenants described as paying below-market rents. The tenancy structure and unit count can appeal to buyers or investors seeking a ready-to-manage income property with multiple units under one ownership.

    Local Financial Insights For Apartment 5plus

    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 $115.5k $36.00
    − Vacancy −$7.7k −$2.41
    EGI $107.8k $33.59
    − OpEx −$48.5k −$15.11
    NOI $59.3k $18.47
    3,208 SF · lease $36.00/SF/yr · vacancy 6.70% · expense 45.00%

    Alternative Uses

    Best Use
    Apartment 5plus
    $846.6K
    $740.8K – $987.7K (±1% cap)
    NOI $59,263 @ 7.0% cap · market cap 6.24%
    Second Best
    —
    —
    no second resolved use
    Theoretical Best
    Specialty Retail
    $2.17M
    $1.89M – $2.53M (±1% cap)
    NOI $151,579 @ 7.0% cap · market cap 15.96%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Law Firm Restaurant Real Estate Agency Spa & Massage Center Dental Office Hair Salon Nail Salon Food Market Grocery & Convenience Store Gym & Fitness Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Miami
    County
    Miami-Dade
    State
    Florida
    Longitude
    -80.289148
    Latitude
    25.751765

    FAQs

    What type of property is this?
    Apartment building - Triplex-style multifamily totaling five units with multiple electric meters and designated parking.
    Where is this apartment building located?
    The property is located at 2027 SW 58th Ave Miami, FL.
    What is the asking price?
    The asking price for this property is $950,000.
    What are key features of this property?
    This property features: 3,208 living SF triplex divided into 5 units; 3 electric meters plus 4 designated parking spots; All 5 units leased to long‑term, month‑to‑month tenants
    More about this property
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