Atlantic Luxury Advisors
Under contract. Ask us to watch it: if it comes back on the market, you hear first.
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6 photos

353 58th St

Miami, FL 33137

$450,000
2
1
1,077 sq ft
5,000 sq ft
1935
Single Family Residence
$0/mo
60
Active Under Contract

Listing courtesy of Barrios and Associates Realty (Juan Novo). Contact: [email protected].

About this home

Amazing investor opportunity only two blocks from upcoming Magic City Innovation District! This rapidly evolving area is just 5 min north of Miami Design District and 7 min from Midtown and Wynwood. Features a 5,000 sq ft lot already zoned for T3-O (Sub-Urban - Open) for a duplex structure or a single-family with ADU (mother-in-law suite). The property already has 2 separate FPL meters. Excellent candidate for future T4-L or T4-O upzoning as neighboring master-planned development unfolds. A 2 min drive or short walk from the prestigious Cushman School, Miami’s oldest operating private school for pre-K through 12th. Also a short walk from the charming restaurants and shops of 55th Street Station on Biscayne. Do not miss this prime investment opportunity.

What it costs to own
Estimated monthly payment
$3,188/mo
Principal and interest
$2,275
Property tax
$630
Homeowners insurance
$283
HOA
$0

An estimate, not a loan offer. The rate and insurance are assumptions to edit with your own quotes; Florida insurance varies widely by age, construction and distance to the coast. Flood insurance and PMI are not included.

Florida cost of ownership
Estimated property tax
$7,562/yr

Estimate: the price times the Miami-Dade County average total millage (18.49 mills, Florida Department of Revenue, 2025 average total millage by county), less the homestead exemptions. The actual bill depends on the city, the assessed value and special assessments. Save Our Homes then caps annual assessment increases at 3% or inflation, whichever is lower.

HOA
$0/mo (from the listing)
FEMA flood zone
Zone X, minimal risk

Outside the special flood hazard area. Flood insurance is optional.

Hurricane evacuation zone
Zone C: ordered to evacuate for Category 2 hurricanes and stronger.

Sources: FEMA National Flood Hazard Layer and the Florida Division of Emergency Management evacuation zones, looked up at the listing point. Confirm with an elevation certificate and your insurer.

Location

Listing data provided by the Southeast Florida Multiple Listing Service (MIAMI REALTORS®). The data is deemed reliable but is not guaranteed accurate by the MLS. IDX information is provided exclusively for consumers' personal, non-commercial use, may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and is deemed reliable but is not guaranteed accurate by the MLS. Atlantic Luxury Advisors is a real estate team at Keller Williams Realty. Payment, tax and flood figures on this page are estimates by Atlantic Luxury Advisors, not MLS data.