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

$740,000 · Closed

  • 0 baths
  • 2,094 sq ft
  • Duplex
  • Built 2008
  • MLS# A11783338
  • Buena Vista Gardens
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About this home

INCOME-PRODUCING DUPLEX | LIVE, LEVERAGE & BUILD WEALTHRare 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 ownershipPerfect 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. The detached duplex design is a standout feature—each unit functions like a private single-family home, attracting higher-quality tenants, lowering turnover, and supporting strong long-term rents.“I’m selling a rock-solid duplex I’ve personally managed for years—professionally maintained and stabilized with zero drama. It brings in $6,400/month: one long-term Section 8 tenant at $3,200 and another paying fair market rent at $3,200. With just $6,480 in insurance and $10,147 in annual property taxes, it’s a cash-flow machine.But here’s the kicker—it’s in an Opportunity Zone. That means you can roll in capital gains tax-deferred for up to 12 months, and if you hold it for 10 years or more, you can completely eliminate capital gains tax on the appreciation. This isn’t just a smart buy—it’s a tax-free wealth builder.”

Schools

  • Middle: Jose De Diego
  • High: Miami Edison

Presented by

BreakThru Realty · (786) 914-1017

Courtesy of

Todd Nation · Listing agent: Todd Nation

Schedule a showing

Call or text BreakThru Realty at (786) 914-1017 or email sales@breakthrurealty.com to see 580-590 NW 58th Street.

Questions About 580-590 NW 58th Street

How much is 580-590 NW 58th Street?
580-590 NW 58th Street is listed at $740,000, which is about $353 per square foot. The listing page shows comparable active listings and recent closed sales nearby so you can judge the asking price against what buyers have actually paid.
What are the property taxes on 580-590 NW 58th Street?
The listing reports annual property taxes of $10,147 for 2025. Taxes are reassessed at the sale price after a purchase, so a new owner's bill can differ from the current owner's; use the mortgage calculator on this page for an estimate.
When was 580-590 NW 58th Street built?
580-590 NW 58th Street was built in 2008 and the listing describes its condition as updated/remodeled. Age matters for insurance and financing in Florida: ask about the roof, the electrical panel and, for a condo built before the current code, the building's structural reserve study.
How long has 580-590 NW 58th Street been on the market?
580-590 NW 58th Street has been listed for 362 days, and the asking price has been reduced from $989,500. Days on market and price changes are the first signals of how much room there is to negotiate.
Which schools serve 580-590 NW 58th Street?
The MLS lists Jose De Diego (middle), Miami Edison (high). School assignments are set by the district and can change; verify them with the school board before you rely on them.
How do I see 580-590 NW 58th Street?
Request a showing from this page or call BreakThru Realty and a licensed agent will arrange a private tour, in person or by video, and answer anything the listing leaves out.

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The home at 30 NW 56th Court, Miami, FL 33126 is comparable and listed for sale at $730,000. Another comparable home, 160 NW 45th Street, Miami, FL 33127, sold for $890,000 in July 2026. Other Miami neighborhoods include Downtown Miami and Upper East Side. Nearby ZIP codes include 33125 and 33126. This property also neighbors Brickell, Miami Beach, and Bal Harbour. Compare it with the Miami housing market report.