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1126 NW 58th Ter 4 Unit Apartment Building $1,369,710 CAD ($342,427 CAD/Unit) 7.20% Cap Rate Miami, FL 33127
Investment Highlights
- Newly renovated. Newer Roof. No hassles
- See attached brochure for all updates and renovations
- Fully rented with 7% Cap Rate in place. Buy and collect income
- In path of progress surrounded by redevelopments & developments in all directions
Executive Summary
Miami, FL fully leased multifamily apartment building on oversized lot with an in-place 7% Cap Rate. Fully renovated, MEPS approved as updated, impact windows; for no hassles. Buyer and collect income with rents currently over $88,000/year with potential upside. In path of progress between Swerdlow 7,500 unit development, Urban-Related’s Libery Square Apartments, Magic City, Little River & Miami’s Upper East Side. See attached marketing brochure for full details.
Financial Summary (Actual - 2025) |
Annual (CAD) | Annual Per SF (CAD) |
|---|---|---|
| Gross Rental Income |
$121,034
|
$121.03
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$121,034
|
$121.03
|
| Net Operating Income |
-
|
-
|
Financial Summary (Actual - 2025)
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $121,034 |
| Annual Per SF | $121.03 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $121,034 |
| Annual Per SF | $121.03 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
Property Facts
| Price | $1,369,710 CAD | Lot Size | 0.12 AC |
| Price Per Unit | $342,427 CAD | Building Size | 1,980 SF |
| Sale Type | Investment | Average Occupancy | 100% |
| Cap Rate | 7.20% | No. Stories | 1 |
| No. Units | 4 | Year Built/Renovated | 1936/2025 |
| Property Type | Multifamily | Parking Ratio | 2.02/1,000 SF |
| Property Subtype | Apartment | Opportunity Zone |
Yes
|
| Building Class | B | ||
| Zoning | 5700 - Multifamily 4 units | ||
| Price | $1,369,710 CAD |
| Price Per Unit | $342,427 CAD |
| Sale Type | Investment |
| Cap Rate | 7.20% |
| No. Units | 4 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Building Class | B |
| Lot Size | 0.12 AC |
| Building Size | 1,980 SF |
| Average Occupancy | 100% |
| No. Stories | 1 |
| Year Built/Renovated | 1936/2025 |
| Parking Ratio | 2.02/1,000 SF |
| Opportunity Zone |
Yes |
| Zoning | 5700 - Multifamily 4 units |
Amenities
- Smoke Detector
Unit Amenities
- Washer/Dryer
- Ceiling Fans
- Tile Floors
- Refrigerator
- Yard
- Garden
Site Amenities
- Laundry Facilities
- Picnic Area
- Grill
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 4 | $2,577 CAD | 451 |
1 1
Moderately walkable
70/100
Moderately drivable
60/100
Some public transit
50/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 01-3114-023-0341 | Improvements Assessment | $0 CAD |
| Land Assessment | $0 CAD | Total Assessment | $608,025 CAD |
Property Taxes
Parcel Number
01-3114-023-0341
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$608,025 CAD
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1126 NW 58th Ter
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