Residential Income
580-590 58th St
Miami, FL 33127
General Information
Location Information
Additional Features
Financial Information
Remarks
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.
Listing Agent
Todd Nation
Todd Nation
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.
Prepared by Rangely Adames · Sunland Group · Licensed FL Real Estate Sales Associate · rangelyadames.com · (954) 604-3276