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1126 NW 58th Ter 4 Unit Apartment Building $1,290,000 ($322,500/Unit) 5.58% Cap Rate Miami, FL 33127
INVESTMENT HIGHLIGHTS
- Newly renovated. Newer Roof. No hassles
- See attached brochure for all updates and renovations
- Fully rented with 5.5% Cap Rate in place. Buy and collect income
- In path of progress surrounded by redevelopments & developments in all directions
EXECUTIVE SUMMARY
Miami, FL fully leased multifamily apartment building on oversized lot with an in-place 5.5% Cap Rate. Fully renovated, MEPS approved as updated, impact windows; for no hassles. Buyer and collect income with rents currently over $88,000/year with potential upside. In path of progress between Swerdlow 7,500 unit development, Urban-Related’s Libery Square Apartments, Magic City, Little River & Miami’s Upper East Side. See attached marketing brochure for full details.
FINANCIAL SUMMARY (ACTUAL - 2025) |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Gross Rental Income |
$88,365
|
$88.37
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$88,365
|
$88.37
|
| Net Operating Income |
-
|
-
|
FINANCIAL SUMMARY (ACTUAL - 2025)
| Gross Rental Income | |
|---|---|
| Annual | $88,365 |
| Annual Per SF | $88.37 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $88,365 |
| Annual Per SF | $88.37 |
| Net Operating Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
PROPERTY FACTS
| Price | $1,290,000 | Lot Size | 0.12 AC |
| Price Per Unit | $322,500 | Building Size | 1,980 SF |
| Sale Type | Investment | Average Occupancy | 100% |
| Cap Rate | 5.58% | No. Stories | 1 |
| No. Units | 4 | Year Built/Renovated | 1936/2025 |
| Property Type | Multifamily | Parking Ratio | 2.02/1,000 SF |
| Property Subtype | Apartment | Opportunity Zone |
Yes
|
| Building Class | B | ||
| Zoning | 5700 - Multifamily 4 units | ||
| Price | $1,290,000 |
| Price Per Unit | $322,500 |
| Sale Type | Investment |
| Cap Rate | 5.58% |
| No. Units | 4 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Building Class | B |
| Lot Size | 0.12 AC |
| Building Size | 1,980 SF |
| Average Occupancy | 100% |
| No. Stories | 1 |
| Year Built/Renovated | 1936/2025 |
| Parking Ratio | 2.02/1,000 SF |
| Opportunity Zone |
Yes |
| Zoning | 5700 - Multifamily 4 units |
AMENITIES
- Smoke Detector
UNIT AMENITIES
- Washer/Dryer
- Ceiling Fans
- Tile Floors
- Refrigerator
- Yard
- Garden
SITE AMENITIES
- Laundry Facilities
- Picnic Area
- Grill
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 1 | $1,800 | 451 |
| 1+1 | 1 | $1,800 | 451 |
| 1+1 | 1 | $1,800 | 451 |
| 1+1 | 1 | $1,963 | 451 |
1 1
PROPERTY TAXES
| Parcel Number | 01-3114-023-0341 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $443,814 |
PROPERTY TAXES
Parcel Number
01-3114-023-0341
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$443,814
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1126 NW 58th Ter
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