1126 58th Terrace, Miami, FL 33127

$799,000 — Active

Property Features

Map Map It    Virtual Tour

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.

Property Details

  • Listing ID: A12111480
  • Status: Active
  • Listing Date: 2026-10-22
  • Property Type: Quadruplex
  • Subdivision: GABEL SUB NO 4
  • County: Miami-Dade
  • MLS Area: 2310
  • Bedrooms: 0
  • Full Bathrooms: 0
  • Living Area Sq Ft: 1,980
  • Year Built: 1936

Financial

  • List Price: $799,000
  • HOA Fee: None
  • Taxes: $9,299/yr

Features & Amenities

  • Cooling: Electric
  • Heating: Electric, Separate Meters
  • Flooring: Vinyl
  • Construction: Frame, Stucco
  • Roof: Shingle

Courtesy of Beachfront Realty Inc
Contact Starfish Real Estate to schedule an appointment or call .

RAPB

© 2026 Starfish Real Estate. Listings updated Nov 9, 2026 5:00 am. Listing data is derived from the Broker Reciprocity Program of the Realtor Association of Indian River County (RAIRC) and BeachsMLS. Properties listed by brokers other than Starfish Real Estate are identified with the applicable MLS logo and include the listing broker's name. Not all properties available through either MLS may be displayed. All MLS data is the copyrighted property of the respective MLS and its participants. Data is deemed reliable but is not guaranteed accurate and should be independently verified prior to entering into any transaction.