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Miami Duplex: Income Opportunity

305 NW 58th St Miami, FL 33127

305 NW 58th St, Miami, FL, 33127
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New construction duplex in central Miami, ideal for investors.

Property Size2,000 SF
Price / SF$449.50
AddedNov 20, 2025
Days on Market238
Last RefreshJul 15 at 2:44 pm

Property Features for 305 NW 58th St

General Information

Standard status
Active
Size
2,000 SF
Property subtype
Multifamily

Building Details

Year Built
2025

Listing office EXP Realty LLC

Listing date Nov 20, 2025

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 EXP Realty LLC


Investment Insights

Based on property information with market context.

This new construction duplex presents an income-producing opportunity in central Miami. Each residence features 3 bedrooms, 2 full baths, and 1 half bath. The units include an open-concept kitchen and living area with modern appliances, private parking, and washer/dryer hookups. Each unit also features a 1,000 sq ft rooftop patio. Constructed with solid concrete blocks, the property offers durability and modern design. The duplex is unfurnished. The property is suitable for short-term rentals, long-term tenants, or extended family living. The location is approximately 15 minutes from Miami’s major destinations, including Miami International Airport, Jackson Memorial Hospital, Wynwood, the Design District, Downtown Miami, Brickell, Miami Beach, and I-95. The property is suited for Airbnb, rental income, or owner-occupant investment strategies. Dogs and cats are allowed. The property size is 2,000 sq ft.

Key Highlights

  • Prime central Miami location, approximately 15 minutes from major destinations.
  • Brand‑new construction (built in 2025) duplex with modern design.
  • Excellent income‑producing opportunity for investors, Airbnb, or owner‑occupants.

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 $61.2k $30.60
− Vacancy −$3.9k −$1.95
EGI $57.3k $28.65
− OpEx −$17.2k −$8.60
NOI $40.1k $20.06
2,000 SF · lease $30.60/SF/yr · vacancy 6.37% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$573.0K
$501.4K – $668.5K (±1% cap)
NOI $40,111 @ 7.0% cap · market cap 4.46%
Second Best
Apartment 5plus
$527.8K
$461.8K – $615.8K (±1% cap)
NOI $36,947 @ 7.0% cap · market cap 4.11%
Theoretical Best
Specialty Retail
$1.35M
$1.18M – $1.58M (±1% cap)
NOI $94,501 @ 7.0% cap · market cap 10.51%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Dental Office Law Firm Parking Lot & Garage (Bike/Boat/Book/etc) Store Butcher Pet Store (Bike/Boat/Book/etc) Store Pet Store & Service Restaurant (Bike/Boat/Book/etc) Store

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

FAQs

What type of property is this?
Duplex - New construction duplex in central Miami, ideal for investors.
Where is this duplex located?
The property is located at 305 NW 58th St Miami, FL.
What is the asking price?
The asking price for this property is $899,000.
What are key features of this property?
This property features: Prime central Miami location, approximately 15 minutes from major destinations.; Brand‑new construction (built in 2025) duplex with modern design.; Excellent income‑producing opportunity for investors, Airbnb, or owner‑occupants.
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