416 NW 58th Ave Miami, FL 33126
Legal duplex configured as four separate furnished short-term rental units with active Airbnb operations.
Property Features for 416 NW 58th Ave
General Information
- Standard status
- Active
- Size
- 2,679 SF
- Property subtype
- Multifamily
Building Details
- Year Built
- 1925
Listing office Keller Williams Realty International Lifestyles (754) 366-8106
Listing date Jul 9, 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 Keller Williams Realty International Lifestyles
Investment Insights
Based on property information with market context.
Located at 416 NW 58th Ave, Miami, the property is described as being just minutes from Miami International Airport, Miami Freedom Park Stadium, Coral Gables, Brickell, and Downtown Miami, with access to major highways.
For investors seeking a small multifamily setup that is already running as a short-term rental operation, this configuration provides four distinct units within a single duplex legal structure.
Key Highlights
- Legal duplex built in 1925 configured as four separate furnished short‑term rental units
- All four units have active Airbnb operations with a proven rental history
- Sold fully furnished and equipped for immediate income potential
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 | $82.0k | $30.60 |
| − Vacancy | −$5.2k | −$1.95 |
| EGI | $76.8k | $28.65 |
| − OpEx | −$23.0k | −$8.60 |
| NOI | $53.7k | $20.06 |
