Remodeled
New
For Sale
$799,000
1126 NW 58th Ter, Miami, FL 33127
Residential Income, Miami, FL
Property Size1,980 SF
Lot Size0.13 Acres
Price / SF$403.54
Days on Market2
Property Features for 1126 NW 58th Ter
General Information
Property type
Residential Multi Family
Property subtype
Quadruplex
Zoning description
5700
Bedrooms
4
Full bathrooms
4
Rooms
Bedroom 3, Bedroom 2, Bathroom 3, Bathroom 4, Bedroom 4, Bathroom 2, Bedroom 1, Bathroom 1
Parking
4
Subdivision
GABEL SUB NO 4
Lot features
< 1/4 Acre
Directions
I-95 to NW 54th St, west to NW 12th Ave, north to NW 58th Ter, east to property.
Standard status
Active
APN
01-31-14-023-0341
Size
1,980 SF
Lot size
0.13 Acres
Additional Details
Tenant in Place
Yes
Individually Metered Utilities
electric
Taxes and HOA fees
Tax Year
2025
Tax Description
14 53 41 GABEL SUB NO 4 PB 16-23 LOT 9 BLK 2 LOT SIZE 40 X 142 OR 19187-3542 06 2000 5 OR 21458-4652 0603 1 COC 22828-1976 10 2004 1
Tax Annual Amount
9299
Legal Description
14 53 41 GABEL SUB NO 4 PB 16-23 LOT 9 BLK 2 LOT SIZE 40 X 142 OR 19187-3542 06 2000 5 OR 21458-4652 0603 1 COC 22828-1976 10 2004 1
Utilities
Utilities
Cable Available
Sewer type
Public Sewer
Heating system
Electric (Heating)
Cooling system
Electric
Water source
Public
Building Details
Year built
1936
Floors in Building
1
Flooring type
Vinyl
Building materials
Frame, Stucco
Roof type
Shingle
Architectural style
Other
Listing Agency:
Beachfront Realty Inc
(305) 534-4242
Listed By:
Jose Safdie · License #3378520
(305) 399-8241
Added: Oct 27
Last Checked: Oct 28 at 9:06PM
MLS# A12111480
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.
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Investment Insights
Based on property information with market context.
This 1,980-square-foot fourplex contains four 1-bedroom, 1-bathroom units and was remodeled under permit. Improvements include a new roof, impact windows, updated electrical and plumbing, tankless water heaters, and renovated kitchens with Samsung black-stainless appliances. The baths have also been updated, and the units have vinyl flooring. Electric service is separately metered for each residence. The building dates to 1936, and its 40-year recertification is complete.
The property occupies a 5,680-square-foot lot with parking for four vehicles. It is fully leased and located in a federal Opportunity Zone. The address is in Miami’s 33127 ZIP code.
The property occupies a 5,680-square-foot lot with parking for four vehicles. It is fully leased and located in a federal Opportunity Zone. The address is in Miami’s 33127 ZIP code.
Key Highlights
- Four 1‑bedroom, 1‑bathroom units; 1,980 square feet total
- Remodeled under permit; 40‑year recertification complete
- New roof, impact windows, electrical and plumbing upgrades, and tankless water heaters
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$39,710
Cap Rate
4.97%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$794,200
$794.2K
Cap Rate 7%
$567,286
$567.3K
Cap Rate 9%
$441,222
$441.2K
Market Conditions
NOI Build-Up for 1,980 SF
Gross rent
$60.6K $30.60/SF
− Vacancy
−$3.9K −$1.95/SF
EGI
$56.7K $28.65/SF
− OpEx
−$17.0K −$8.60/SF
NOI
$39.7K $20.06/SF
Area
Miami, FL
Vacancy
6.37%
Lease Rate
$30.60 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$794,200
Cap Rate 7%
$567,286
Cap Rate 9%
$441,222
Alternative Uses
Best Use
Multifamily LT 5
$567.3K
$496.4K – $661.8K
NOI $39,710 @ 7.0% cap · market cap 4.97%
Second Best
Apartment 5plus
$522.5K
$457.2K – $609.6K
NOI $36,577 @ 7.0% cap · market cap 4.58%
Theoretical Best
Specialty Retail
$1.34M
$1.17M – $1.56M
NOI $93,556 @ 7.0% cap · market cap 11.71%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
4
Residential units
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
1,418
Businesses Nearby
Explore this area
Business Placement
Demographics for 33127, FL
27,692
Population
11,245
Households
2.5
Avg Household Size
37
Median Age
13%
College-Educated
69%
High-School Grad
3.3 sq mi
ZIP Area
8,392
Density / Sq Mi
$41,125
Median Household Income
$30,240
Median Earnings
$1,394
Median Rent
$398,800
Median Home Value
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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Quadplex - Four separately metered residences have updated kitchens, baths, major systems, and impact-rated windows.
Where is this quadplex located?
The property is located at 1126 NW 58th Ter Miami, FL.
What is the asking price?
The asking price for this property is $799,000.
What are key features of this property?
This property features: Four 1‑bedroom, 1‑bathroom units; 1,980 square feet total; Remodeled under permit; 40‑year recertification complete; New roof, impact windows, electrical and plumbing upgrades, and tankless water heaters
