Duplex with Private Rooftop
305 NW 58th St Miami, FL 33127
For Sale
$899,000
MULTI_FAMILY - Miami, FL
Property Size2,000 SF
Price / SF$449.50
Days on Market84
Property Features for 305 NW 58th St
General Information
- Property type
- Residential Multi Family
- Property subtype
- Duplex
- Property condition
- Under Construction
- Bedrooms
- 6
- Rooms
- Bedroom 4, Bedroom 2, Bathroom 4, Bathroom 3, Bedroom 1, Bathroom 5, Bathroom 6, Bedroom 6, Bathroom 2, Bedroom 3, Bathroom 1, Bedroom 5
- Parking
- 4
- Security features
- Security
- Patio and Porch features
- Deck, Patio
- Exterior features
- Balcony, Deck, Fence, Patio, Security/High Impact Doors
- Fencing
- Fenced
- Standard status
- Active
- APN
- 01-31-13-030-0129
- Size
- 2,000 SF
Taxes and HOA fees
- Tax Year
- 2025
- Tax Description
- COLLEGE PARK PB 9-61 N42.5FT OF LOT 1 BLK 2 LOT SIZE 2125 SQFT M/L
- Tax Annual Amount
- 1396
Utilities
- Utilities
- Cable Available
- Sewer type
- Public Sewer
- Heating system
- Central, Electric (Heating)
- Cooling system
- Central Air, Electric
- Water source
- Public
Building Details
- Year built
- 2025
- Floors in Building
- 1
- Flooring type
- Tile, Concrete, Tile - Ceramic
- Building materials
- Block
- Roof type
- Concrete
Listing Agency:
EXP Realty LLC
(888) 883-8509
Listed By:
Michael Sahlman · License #3070638
(786) 553-0697
Added: May 1
Changed: Jul 18
Last Checked: Jul 23 at 7:06PM
MLS# A11917657
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.
Investment Insights
Based on property information with market context.
This brand-new construction duplex is configured as two separate residences, each with 3 bedrooms and 2.5 bathrooms. Each unit includes approximately 1,000 square feet under air along with a private rooftop terrace of approximately 1,000 square feet, supporting an indoor/outdoor layout. The design is built for operational independence, with separate electric meters and independent HVAC systems for each unit. Washer and dryer hookups are included, and the property provides parking for multiple vehicles.
The property is located in Miami-Dade County at 305 NW 58th St, convenient to Wynwood, the Design District, Downtown Miami, major highways, and Miami International Airport.
With separate metering, independent heating and cooling, and dedicated laundry hookups, the duplex is well-suited for investors and end-users who want a straightforward setup for long-term rental use, and buyers can also evaluate other strategies as part of their own due diligence. The rooftop terrace feature adds a differentiating outdoor amenity per unit, which can be attractive for tenant experience and day-to-day livability.
The property is located in Miami-Dade County at 305 NW 58th St, convenient to Wynwood, the Design District, Downtown Miami, major highways, and Miami International Airport.
With separate metering, independent heating and cooling, and dedicated laundry hookups, the duplex is well-suited for investors and end-users who want a straightforward setup for long-term rental use, and buyers can also evaluate other strategies as part of their own due diligence. The rooftop terrace feature adds a differentiating outdoor amenity per unit, which can be attractive for tenant experience and day-to-day livability.
Key Highlights
- Duplex under construction (Year built 2025) with a total of 2,000 sq ft under air and 2,000 sq ft rooftop terrace space
- Each unit features 3 bedrooms and 2.5 bathrooms, with approximately 1,000 sq ft under air per unit
- Private rooftop terrace with deck/patio features included (private 1,000 sq ft rooftop terrace per unit)
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
NOI $40,111 @ 7.0% cap · market cap 4.46%
Second Best
Apartment 5plus
$527.8K
$461.8K – $615.8K
NOI $36,947 @ 7.0% cap · market cap 4.11%
Theoretical Best
Specialty Retail
$1.35M
$1.18M – $1.58M
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
FAQs
What type of property is this?
Duplex - New construction duplex offering separate utilities and independent HVAC plus private rooftop terraces for each unit.
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: Duplex under construction (Year built 2025) with a total of 2,000 sq ft under air and 2,000 sq ft rooftop terrace space; Each unit features 3 bedrooms and 2.5 bathrooms, with approximately 1,000 sq ft under air per unit; Private rooftop terrace with deck/patio features included (private 1,000 sq ft rooftop terrace per unit)
