1126 NW 58th Terrace, Miami, FL 33127 (MLS# A12111480)

1126 NW 58th Terrace, Miami, FL 33127

New Listing

$799,000

Single-story exterior featuring a light-toned stucco facade, dual entry doors, a concrete walkway, and structured landscaping

Virtual Tour

https://www.propertypanorama.com/instaview/mia/A12111480

Kitchen featuring white flat-panel cabinetry, dark stone-finish countertops, black tiled backsplash, stainless steel appliances, and a matte black gooseneck faucet

Modern bathroom featuring black tile shower walls with integrated niche, gold-tone fixtures, wall-mounted vanity with rectangular vessel sink, LED-backlit mirror, and hexagonal tile flooring

Shower enclosure featuring floor-to-ceiling black veined stone-finish tile, gold-tone rainfall shower head, handheld sprayer, recessed wall niche, and geometric tile floor inlay with a linear drain

Exterior facade featuring stucco siding, black-painted doors with dark trim, metal handrails, and stone ground cover

Aerial perspective of a detached residential property featuring a pitched roof, mature canopy trees, a grass lawn, and an urban skyline backdrop

Rectangular lot featuring a paved concrete driveway and established perimeter landscaping

Property Type: Residential Income Square Footage: 1,980 Status: Active

Current Price: $799,000 List Date: 10/22/2026 Last Modified: 10/27/2026

Overview

Description

The only fully remodeled, permitted, conforming fourplex in the area under $1M, and it sits in a federal Opportunity Zone. Turnkey, fully leased 4-unit in 33127 with an 8.4% in-place cap rate. Four 1/1 units, separately metered for electric. Remodeled under permit. New roof, impact windows, electrical, plumbing, tankless water heaters, kitchens with Samsung black-stainless appliances, and baths. 40-year recertification complete. Gross income $83,400/yr, with rents below the $2,040 Section 8 payment standard: up to $19,320/yr of upside on turnover. Blocks from Related Urban's Liberty Square redevelopment and minutes from the planned Little River district, future Tri-Rail station, Wynwood, and the Design District. 5,680 sf lot with parking for 4. Buy it and collect.

Listing Details MLS# A12111480

General Property Information

Number Of Units Total: 4
Property Sub Type: Quadruplex
Building Area Main: 1980
Living Area Main: 1980
Adjusted Area Main: 1804
Year Built: 1936
Parking Total: 4
Stories Total: Yes
Pool Private YN: No

Property Features

Documents Available: Copy Of Lease(s) Flooring: Vinyl Property Condition: Resale Structure Type: Multi Family Construction Materials: Frame; Stucco Cooling: Electric Heating: Electric; Separate Meters Listing Terms: Cash; Conventional Possession: Close Of Escrow Roof: Shingle Sewer: Public Sewer Tax Information: Tax Reflects No Exemptions Utilities: Cable Available Water Source: Public Showing Requirements: Call Listing Agent Unit 1 Other Equipment: Air Conditioning Unit Unit 1 Parking Features: Open Parking Unit 2 Other Equipment: Air Conditioning Unit Unit 2 Parking Features: Open Parking Unit 3 Other Equipment: Air Conditioning Unit Unit 3 Parking Features: Open Parking Unit 4 Other Equipment: Air Conditioning Unit Unit 4 Parking Features: Open Parking

Contract Information

Comp Sale YN: No
Original List Price: 799000

Location and Legal

Country: United States
County Or Parish: Miami-Dade
County Parish Name: Miami-Dade
Street Number: 1126
Street Direction Prefix: NW
Street Name: 58th
Street Suffix: Terrace
City Name: Miami
Municipal Code: Yes
State Or Province: FL
Postal Code: 33127
Postal Code +4: 1359
Postal Zip: 33127
Subdivision Name: GABEL SUB NO 4
Area: 2310
Elementary School: Orchard Villa
Middle Or Junior School: Brownsville
High School: Miami Northwestern
Parcel Number: 0131140230341
Subdivision Number: 23
Zoning: 5700
Flood Zone: AH
Directions: I-95 to NW 54th St, west to NW 12th Ave, north to NW 58th Ter, east to property.

Financial Information

Tax Annual Amount: 9299
Tax Year: 2025
Tax Legal Description: 14 53 41 GABEL SUB NO 4 PB 16-23 LOT 9 BLK 2 LOT SIZE 40 X 142 OR 19187-3542 06 2000 5 OR 21458-4652 0603 1 COC 22828-1976 10 2004 1

Status Change Information

Major Change Timestamp: 2026-10-22T04:00:00Z
Major Change Type: New Listing
Status Change Date: 2026-10-27

More Information

Income and Expenses

Gross Income: 78600
Net Operating Income: 67241
Total Expenses: 16159

Unit 1 Details

Actual Rent: 1800
Baths Full: Yes
Efficiency YN: No
Furnished: Unfurnished
SqFt: 493

Unit 1 Lease Description

Currently Leased YN: Yes

Unit 2 Details

Actual Rent: 1600
Baths Full: Yes
Efficiency YN: No
Furnished: Unfurnished
SqFt: 493

Unit 2 Lease Description

Currently Leased YN: Yes

Unit 3 Details

Actual Rent: 1600
Baths Full: Yes
Efficiency YN: No
Furnished: Unfurnished
SqFt: 493

Unit 3 Lease Description

Currently Leased YN: Yes

Unit 4 Details

Actual Rent: 1550
Baths Full: Yes
Efficiency YN: No
Furnished: Unfurnished
SqFt: 493

Unit 4 Lease Description

Currently Leased YN: Yes

Price Calculations

Current Price To SqFt: 403.53

Section Details

Parcel Number MLX: 0341

Originating Details

Originating System Key: 568094008
Originating System ID: M00000151

Listing Office: Beachfront Realty Inc

Last Updated: October - 27 - 2026

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