454 NE 58th ST

454 NE 58th St, Miami FL 33137

Closed

$2,800,000

Est. Payment $14,903/mo

MLS Sheet

113

Days on Market

Description

Gridline Properties is pleased to present 454 NE 58th Street — a 13,347 SF vacant parcel uniquely positioned as a strategic acquisition within Miami’s Upper East Side. Located at the convergence of Morningside, MiMo, and Little River, this site offers forward-looking investors the opportunity to secure a foothold in a corridor undergoing rapid transformation and upward momentum. Zoned T5-O and free from the MiMo Overlay’s height and design constraints, the site offers unmatched flexibility — supporting up to 21 residential units or a commercial development totaling 53,741 SF. This urban infill location is ideal for developers and investors seeking optionality, scalability, and access to submarkets showing sustained rental and value appreciation.

Facts

MLS#
A11806431
Subdivision
454 NE 58th ST
Property Type
Commercial Land
Property Sub Type
Year Built
Lot Size
13,504 ft²
Sq. Ft.
Sq. Mt.
Price per sq. ft.
Price per sq. mt.
Stories
Garage
Pool
Days on Market
113 days
Listed
May 20, 2025
Last Updated
Oct 8, 2025
Price/Lot Sq.Ft.
$207/ft²

Comparable homes

Same ZIP, similar price + bedrooms.

Market insights for Miami

Live MLS-derived activity. Forecast is a conservative rule-of-thumb estimate — not a guarantee.

Sellers market

May 2026

100/100
Buyers marketSellers market

50

Median days to sold

+4.5%

1-year price forecast (est.)

Price & tax history

From the live MIAMI MLS feed. Older history requires the ListingHistory resource (not yet enabled).

10/8/2025Sold$2,800,000
5/20/2025Listed for sale$2,800,000

History reflects fields present on the live MLS record. Full multi-year history requires the MIAMI ListingHistory resource (not yet enabled).

Location

454 NE 58th St, Miami FL 33137Directions

GreatSchools Summary Ratings

Public + private K-12 schools within 5 miles of this listing.

GreatSchoolsData provided by GreatSchools.org © 2026. All rights reserved.

Estimated Monthly Payment

$17,386/mo

Principal & Interest

$14,903

Property Tax

$2,333

Insurance

$150

HOA

$0

20% ($560,000)
7.00%
30 years
1.00% (FL avg ~1.0%)
$0/mo
$150/mo

Estimates only. Actual payment depends on credit, lender, insurance carrier, and FL/Miami-Dade specifics. Contact Rangely for a precise quote.

Rangely Adames

Rangely Adames

Sales Associate | Sunland Group

Hablo Español

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Updated within 24 hours

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