Two-Story Duplex with Impact
For Sale
$1,050,000
2290 SW 58th Ave, Miami, FL 33155
Separate three-bedroom, two-bath residences feature open layouts, parking, and backyard space.
Property Size2,380 SF
Price / SF$441.18
Days on Market54
Property Features for 2290 SW 58th Ave
General Information
Standard status
Active
Size
2,380 SF
Property subtype
Duplex
Units
Unit Mix
2 x 3BR/2BA
Multifamily Units
2
Taxes and HOA fees
Annual Taxes
$13,631
Building Details
Building Size
2,380 SF
Year Built
2019
Buildings
1
Stories
2
Listing Agency:
Coldwell Banker Realty
Listed By:
James Byrd · License #3235658
Source:
Batrare
Added: Aug 24
Changed: Oct 13
Last Checked: Oct 15 at 4:49AM
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 Coldwell Banker Realty
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Investment Insights
Based on property information with market context.
Built in 2019, this two-story duplex contains two separately configured residences, each with three bedrooms, two bathrooms, and just over 1,000 square feet. Open-plan interiors are paired with impact windows and doors throughout, while the property also provides a large parking area and substantial backyard space.
The property is located near the meeting point of Red Road and Coral Way, a couple of blocks from Coral Gables. Shopping, restaurants, and schools are nearby, adding convenient access to everyday services and neighborhood amenities.
The property is located near the meeting point of Red Road and Coral Way, a couple of blocks from Coral Gables. Shopping, restaurants, and schools are nearby, adding convenient access to everyday services and neighborhood amenities.
Key Highlights
- Two‑story duplex built in 2019
- Two separate 3 bed/2 bath units
- Each unit is just over 1,000 sqft
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$47,732
Cap Rate
4.55%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$954,640
$954.6K
Cap Rate 7%
$681,886
$681.9K
Cap Rate 9%
$530,356
$530.4K
Market Conditions
NOI Build-Up for 2,380 SF
Gross rent
$72.8K $30.60/SF
− Vacancy
−$4.6K −$1.95/SF
EGI
$68.2K $28.65/SF
− OpEx
−$20.5K −$8.60/SF
NOI
$47.7K $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%
$954,640
Cap Rate 7%
$681,886
Cap Rate 9%
$530,356
Alternative Uses
Best Use
Multifamily LT 5
$681.9K
$596.7K – $795.5K
NOI $47,732 @ 7.0% cap · market cap 4.55%
Second Best
Apartment 5plus
$628.1K
$549.6K – $732.8K
NOI $43,967 @ 7.0% cap · market cap 4.19%
Theoretical Best
Specialty Retail
$1.61M
$1.41M – $1.87M
NOI $112,456 @ 7.0% cap · market cap 10.71%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
538
Businesses Nearby
Explore this area
Business Placement
Demographics for 33155, FL
43,695
Population
16,046
Households
2.7
Avg Household Size
45
Median Age
37%
College-Educated
85%
High-School Grad
7.4 sq mi
ZIP Area
5,905
Density / Sq Mi
$79,271
Median Household Income
$41,919
Median Earnings
$1,871
Median Rent
$505,000
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - Separate three-bedroom, two-bath residences feature open layouts, parking, and backyard space.
Where is this duplex located?
The property is located at 2290 SW 58th Ave Miami, FL.
What is the asking price?
The asking price for this property is $1,050,000.
What are key features of this property?
This property features: Two‑story duplex built in 2019; Two separate 3 bed/2 bath units; Each unit is just over 1,000 sqft
