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Pending

580 NW 58th St

580-590 NW 58th St, Miami, FL 33127

$740,000

INCOME-PRODUCING DUPLEX | LIVE, LEVERAGE & BUILD WEALTH

Rare opportunity to own a mirror-image duplex featuring two spacious 3BD/2BA units, ideal for both homeowners and investors.

Purchase options offer flexibility:

$400,000 for one unit (50% ownership interest)
$759,000 for full duplex ownership

Perfect for FHA buyers, allowing for low down payment options while benefiting from rental income. Live in one unit and rent the other, or maximize returns by leasing both.

This property combines the advantages of residential financing with income-producing potential, making it an excellent choice as a primary residence, multi-generational home, or investment property.

BUILT-IN INCOME + FINANCING EDGE
* One unit leased to long-term tenant at $3,200/month
* FHA allows use of 75% of rental income (~$2,400/month) toward qualification
* Potential for low down payment (~3%) for owner-occupants
This is one of the few true "house-hack" properties where income materially offsets ownership cost.

Studio

2,094 Sq.Ft. LIVING AREA

Todd Nation

title Broker in Charge
PHONE 305-384-1284
EMAIL [email protected]
DRE # 3404751

Features & Amenities

Area & Lot

Status Pending
Living Area2,094 Sq.Ft.
Total Area2,334 Sq.Ft.
MLS® IDA11783338
TypeMulti-Family
YEAR BUILT2008
NeighborhoodMiami
Architecture StylesDetached

Exterior

STORIES1
roofShingle
lot featuresLess Than 1/4 Acre Lot
HEAT TYPEElectric
AIR CONDITIONINGCentral Air
sewerPublic Sewer

Financial

Sales Price$740,000
Real Estate Tax $10,147/yr
Zoning 5700

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Contact Details

1 Nation Realty

Phone

(305) 384-1284

[email protected]

Address

2655 Collins Ave Apt 407 Miami Beach, FL 33140

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