How much is 193 NW 58th Street?

193 NW 58th Street is listed at $3,000,000, about $936 per square foot of building. Ask for the rent roll, the existing leases and the operating statements: for an income property those, more than the asking price, show what the building is worth.

What is 193 NW 58th Street zoned?

The listing reports zoning of 5700. Permitted uses, parking and signage are set by the city or county zoning code, so confirm your intended use with the local zoning office before you close.

How big is 193 NW 58th Street?

The listing reports 3,205 square feet of building.

When was 193 NW 58th Street built?

193 NW 58th Street was built in 1926. For an older commercial building, ask about the roof, the HVAC and electrical systems, fire and life-safety compliance and whether a county building safety recertification is due.

How do I tour 193 NW 58th Street?

Request a tour from this page or call BreakThru Realty. A licensed agent will arrange access with the listing broker and ask for what the listing leaves out, such as the rent roll, the leases and the operating statements.

193 NW 58th Street, Miami, FL 33127

$3,000,000 · $936 per sq ft · Multifamily for sale

Property type: Multi Family
Asking price: $3,000,000
Price per sq ft: $936
Building size: 3,205 sq ft
Lot size: 6,534 sq ft
Zoning: 5700
Year built: 1926
Parcel ID: 0131130630570
MLS#: A12011306

About this property

15-UNIT VALUE-ADD EXTENDED-STAYOPPORTUNITYFausto Commercial Realty is pleased to present193 NW 58th Street, a 15-unit multifamily asset inMiami’s improving Little River / Model Citycorridor, just east of NW 2nd Avenue. Built in1926 on a 6,500 SF lot, the two-story property islegally operating as 15 units and currently runsas a high-occupancy extended-stay / hostel-styleoperation. The asset is renovated, well-maintained, and benefits from strong demanddue to proximity to Wynwood, Midtown, theDesign District, and Miami International Airport.As-is, the property collects approximately$20,600/month ($247,200/year) with estimatedexpenses of ~30%, producing an in-place NOI of$173,040. At the $3,250,000 asking price, theoffering reflects a 5.32% cap rate with stablecash flow.Value-add upside includes adding 12 bathrooms(one per unit) for an estimated $180,000 toconvert the asset into 15 self-contained Airbnbunits. Under conservative assumptions ($135ADR, 65% occupancy, 40% expenses), projectedNOI is approximately $288,000, equating to an~8.4% pro-forma cap rate on total cost—drivenby operational improvement rather thanspeculative rent growth.

Presented by

BreakThru Realty · (786) 914-1017

Courtesy of

Fausto Commercial Realty Consultants Inc · cfm@faustocommercial.com · Listing agent: Vicente Javier Rodriguez

All listings featuring the BMLS logo are provided by BeachesMLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright © 2026 BeachesMLS, Inc. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by BeachesMLS. Listings held by brokerage firms other than BreakThru Realty carry the name of the listing broker.

Request a tour or more information

Call or text BreakThru Realty at (786) 914-1017 or email sales@breakthrurealty.com to tour 193 NW 58th Street or to ask for what the listing leaves out: the rent roll, the leases and the operating statements.

Questions About 193 NW 58th Street

How much is 193 NW 58th Street?: 193 NW 58th Street is listed at $3,000,000, about $936 per square foot of building. Ask for the rent roll, the existing leases and the operating statements: for an income property those, more than the asking price, show what the building is worth.
What is 193 NW 58th Street zoned?: The listing reports zoning of 5700. Permitted uses, parking and signage are set by the city or county zoning code, so confirm your intended use with the local zoning office before you close.
How big is 193 NW 58th Street?: The listing reports 3,205 square feet of building.
When was 193 NW 58th Street built?: 193 NW 58th Street was built in 1926. For an older commercial building, ask about the roof, the HVAC and electrical systems, fire and life-safety compliance and whether a county building safety recertification is due.
How do I tour 193 NW 58th Street?: Request a tour from this page or call BreakThru Realty. A licensed agent will arrange access with the listing broker and ask for what the listing leaves out, such as the rent roll, the leases and the operating statements.

More Commercial Listings Nearby

435 SW 5th Avenue, Miami · Multifamily for sale · $1,899,000 · 3,620 sq ft
301 NW 37th Street, Miami · Multifamily for sale · $1,250,000 · 1,642 sq ft
5712 NW 22nd Avenue, Miami · Multifamily for sale · $3,300,000 · 8,960 sq ft
417 NE 26th Street, Miami · Multifamily for sale · $2,950,000 · 4,506 sq ft
2239 NW 87th Street, Miami · Multifamily for sale · $1,460,000 · 3,653 sq ft
1484 NW 15th Avenue, Miami · Multifamily for sale · $2,275,000 · 6,552 sq ft
1238 SW 4th Street, Miami · Multifamily for sale · $1,850,000 · 4,641 sq ft
220 SW 18th Avenue, Miami · Multifamily for sale · $5,145,000 · 9,918 sq ft

See every commercial listing in Miami or browse Florida commercial real estate.