350 NW 58th Ave, Miami, FL
Listing courtesy of LoKation (Shirley Rotundo). Contact: [email protected].
About this property
Exceptional investment opportunity! Fully updated legal property featuring 3 modern units: one 2BR/1BA, one 1BR/1BA, and one studio. 100% occupied with current tenants, offering immediate rental income. At the asking price, the property offers an estimated 4.76% cap rate (based on current rental income and estimated operating expenses). Prime central Miami location just 5 minutes from Miami International Airport and minutes to Brickell, Downtown Miami, Wynwood, and Miami's beaches. Convenient access to major expressways, supermarkets, restaurants, shopping, and entertainment. Property includes parking for up to 5 vehicles, plus ample street parking for tenants and guests. Turnkey investment with strong income potential in a high-demand rental market. Ideal for investors seeking stable cash flow and long-term appreciation. Buyer to verify all income, expenses, and cap rate calculations independently.
Property facts
- Sqft
- 1,475
- Year Built
- 1952
- Location
- Miami, FL 33126
- County
- Miami-Dade County
- FEMA flood zone
- Zone X, minimal risk
- Ground elevation
- 6.5 ft
- Hurricane evacuation zone
- Zone D
- Distance to the coast
- 4.6 mi
Sources: FEMA National Flood Hazard Layer (panel 12086C0293L, effective 2009-09-11), USGS 3DEP, Florida Division of Emergency Management, OpenStreetMap coastline. Checked 2026-10-04. Public map data looked up at this location, not a survey or an insurance quote. Confirm with an elevation certificate, the county and your insurer.
Offering memorandum, rent roll and financials where the owner releases them. Tell us who you are and Anthony replies, usually within 1 hour.
Rent roll, cap rate, zoning, tours, off-market alternatives. Leave your email and Anthony replies, usually within 1 hour.
Interested in this property?
Contact Anthony Conners at Atlantic Commercial Advisors to schedule a showing or learn more.
Listing data courtesy of Miami REALTORS® / Southeast Florida MLS. This site is operated by Anthony Conners, Atlantic Commercial Advisors, KW Commercial. Atlantic Commercial Advisors is not the listing broker unless stated.
Listing data last updated Aug 1, 2026, 11:29 PM ET.
Listing data provided by the Southeast Florida Multiple Listing Service (MIAMI REALTORS®). The data is deemed reliable but is not guaranteed accurate by the MLS.
IDX information is provided exclusively for consumers' personal, non-commercial use, may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and is deemed reliable but is not guaranteed accurate by the MLS.