Buena Vista Gardens
$400,000
580-590 NW 58th St, Miami, FL 33127
62,800
NOI
2,334 sqft
Building Size
Details:
Highlights:
- Lot Features: Less Than 1/4 Acre Lot
- Documents Available: Deposit - Security
- Architectural Style: Detached
- Cooling: Central Air
- Heating: Electric
- Construction Materials: Concrete Block Construction
Description:
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.
Location
Gallery