2027 SW 58th Ave, Miami, FL 33155
Triplex configured into five leased units with multiple electric meters and designated parking.
- Added:
- Jun 18, 2026
- Days on Market:
- 8
- Last Refresh:
- Jun 24 at 4:29 am
Property Features for 2027 SW 58th Ave
General Information
- Standard status
- Active
- Size
- 3,584 SF
- Property subtype
- Multifamily
Building Details
- Year Built
- 1925
Listing office Douglas Elliman (786) 210-7399
Listing date Jun 18, 2026
Source Crexi
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 Douglas Elliman
HighLights
- 1925‑built 3,208 living SF triplex divided into 5 leased units
- 3 electric meters serving the property’s 5 units
- 4 designated parking spots for tenants
- All units are leased to long‑term, month‑to‑month tenants
- Current total rent is $5,900/month (below‑market as stated in remarks)
- Located in unincorporated Dade (per remarks), with nearby access to West Miami and public transportation
Overview
Located next to West Miami, the property is described as just blocks from Coral Gables and Schenley Park, with Nicklaus Children’s Hospital nearby. Public transportation and shopping and dining are also reported in the immediate area.
For investors or owner-operators seeking a multi-unit rental with in-place tenancy, the five-unit configuration and current month-to-month leasing profile can appeal to buyers looking to manage an occupied income stream. The separate metering and designated parking support straightforward utility and tenant logistics for the property’s current setup.
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 | $109.7k | $30.60 |
| − Vacancy | −$7.0k | −$1.95 |
| EGI | $102.7k | $28.65 |
| − OpEx | −$30.8k | −$8.60 |
| NOI | $71.9k | $20.06 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Miami
- County
- Miami-Dade
- State
- Florida
- Longitude
- -80.28913
- Latitude
- 25.751732
