Furnished Short-Term Rental
New
For Sale
$1,150,000
416 NW 58th Ave, Miami, FL 33126
Residential Income, Miami, FL
Property Size2,624 SF
Price / SF$438.26
Days on Market2
Property Features for 416 NW 58th Ave
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Zoning description
0100
Bedrooms
9
Full bathrooms
4
Rooms
Bedroom 3, Bedroom 2, Bedroom 4, Bathroom 1, Bathroom 4, Bedroom 5, Bedroom 1, Bedroom 6, Bedroom 8, Bedroom 9, Bedroom 7, Bathroom 2, Bathroom 3
Parking
6
Subdivision
WEST FLAGLER PK
Lot features
< 1/4 Acre
Standard status
Active
APN
01-40-01-003-1711
Size
2,624 SF
Taxes and HOA fees
Tax Year
2025
Tax Description
WEST FLAGLER PARK PB 8-96 LOT 26 BLK 10 LOT SIZE 40.000 X 122 OR 20868-3979 11/2002 6 COC 23519-2333 06 2005 4
Tax Annual Amount
11290
Legal Description
WEST FLAGLER PARK PB 8-96 LOT 26 BLK 10 LOT SIZE 40.000 X 122 OR 20868-3979 11/2002 6 COC 23519-2333 06 2005 4
Utilities
Utilities
Cable Available
Sewer type
Public Sewer
Heating system
Central
Cooling system
Central Air
Building Details
Year built
1925
Floors in Building
2
Flooring type
Laminate
Building materials
CBSConcreteBlockStructure, Block
Listing Agency:
La Rosa Realty LLC
(321) 939-3748
Listed By:
Vanessa Guzman PA · License #3260021
(305) 894-6348
Added: Oct 6
Changed: Oct 7
Last Checked: Oct 7 at 10:06PM
MLS# A12050083
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 2,624-square-foot legal duplex contains four income-producing units currently advertised on Airbnb. The property is offered with furnishings and equipment in place. Built in 1925, it has nine bedrooms and four bathrooms, with central heating and central air conditioning. Construction is concrete block, and the floors are laminate.
The property is in Miami, with Miami International Airport, Miami Freedom Park Stadium, Coral Gables, Brickell, Downtown Miami, and major highways described as minutes away. Public sewer service and cable availability are listed for the property.
The property is in Miami, with Miami International Airport, Miami Freedom Park Stadium, Coral Gables, Brickell, Downtown Miami, and major highways described as minutes away. Public sewer service and cable availability are listed for the property.
Key Highlights
- Legal duplex currently arranged as 4 Airbnb rental units
- 2,624 square feet with 9 bedrooms and 4 bathrooms
- Furnishings and equipment included in the sale
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$48,474
Cap Rate
4.22%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$969,480
$969.5K
Cap Rate 7%
$692,486
$692.5K
Cap Rate 9%
$538,600
$538.6K
Market Conditions
NOI Build-Up for 2,624 SF
Gross rent
$94.5K $36.00/SF
− Vacancy
−$6.3K −$2.41/SF
EGI
$88.1K $33.59/SF
− OpEx
−$39.7K −$15.11/SF
NOI
$48.5K $18.47/SF
Area
Miami, FL
Vacancy
6.70%
Lease Rate
$36.00 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$969,480
Cap Rate 7%
$692,486
Cap Rate 9%
$538,600
Alternative Uses
Best Use
Apartment 5plus
$692.5K
$605.9K – $807.9K
NOI $48,474 @ 7.0% cap · market cap 4.22%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$1.77M
$1.55M – $2.07M
NOI $123,985 @ 7.0% cap · market cap 10.78%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
4
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
2,022
Businesses Nearby
Explore this area
Business Placement
Demographics for 33126, FL
48,751
Population
19,725
Households
2.5
Avg Household Size
44
Median Age
28%
College-Educated
77%
High-School Grad
5.4 sq mi
ZIP Area
9,028
Density / Sq Mi
$55,722
Median Household Income
$32,607
Median Earnings
$1,651
Median Rent
$299,800
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Short term rental property - The legal duplex is configured for four active Airbnb rentals and transfers with its furnishings and equipment.
Where is this short term rental property located?
The property is located at 416 NW 58th Ave Miami, FL.
What is the asking price?
The asking price for this property is $1,150,000.
What are key features of this property?
This property features: Legal duplex currently arranged as 4 Airbnb rental units; 2,624 square feet with 9 bedrooms and 4 bathrooms; Furnishings and equipment included in the sale
