580-590 NW 58th St, Miami FL 33127

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.