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Renovated Duplex Income Property
For Sale
Contact for pricing
Pending

550 NW 58th St, Miami, FL 33127

2008-built duplex renovated in 2023 with updated interiors and a detached-home style setup.

Property SizeContact for details
Days on Market133

Property Features for 550 NW 58th St

General Information

Standard status Pending
Property subtype Multifamily
Listing Agency: Resivest Realty LLC
Listed By: Resivest Realty · License #3219154
Source: Crexi
Added: Apr 24 Changed: Aug 23 Last Checked: Sep 2 at 9:46PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Resivest Realty LLC

Investment Insights

Based on property information with market context.

This 2008-built duplex has been completely renovated in 2023 and presents as a turnkey income property. The renovations include new wood cabinets with quartz countertops, stainless-steel appliances, and updated luxury vinyl plank flooring. A standout feature is that the buildings operate in a detached-home configuration, designed to appeal to single-family-style renters rather than traditional duplex living.

The property is located at 550 NW 58th St in Miami, Florida, within an opportunity zone. Public remarks also indicate the area is in a gentrification stage, with investment momentum supported by proximity to the Design District, Wynwood, Miami Shores, and Edgewater.

Overall, the asset offers a refreshed, low-maintenance interior package and a configuration that differentiates it from a conventional duplex layout.

Key Highlights

  • 2008‑built duplex with complete renovation completed in 2023
  • Renovations include new wood cabinets with quartz countertops, stainless‑steel appliances, and updated luxury vinyl plank flooring
  • Detached‑home style setup: each building is detached, appealing to single‑family renters that can pay a premium

Property Analytics

Current Use

Aerodemand Freight Service

Suggested Use

Top Pick Dental Office Parking Lot & Garage Real Estate Agency Law Firm Veterinary Clinic Butcher

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,618
Businesses Nearby

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

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Duplex - 2008-built duplex renovated in 2023 with updated interiors and a detached-home style setup.
Where is this duplex located?
The property is located at 550 NW 58th St Miami, FL.
What are key features of this property?
This property features: 2008‑built duplex with complete renovation completed in 2023; Renovations include new wood cabinets with quartz countertops, stainless‑steel appliances, and updated luxury vinyl plank flooring; Detached‑home style setup: each building is detached, appealing to single‑family renters that can pay a premium
More about this property
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