353 NE 58th St

Miami, FL 33137

$500,000

$464/ft²

2Beds

1Baths

1,077Sq ft

1935Year built

Single-family homeType

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.

Property details

Listing

MLS #: A12059161
Status: For sale
Listed on: Jul 24, 2026
Days on market: 16 days
Listing data updated: Jul 28, 2026

Interior

Beds: 2
Baths: 1
Living area: 1,077 ft²
Price per ft²: $464/ft²

Building & community

Type: Single-family home
Year built: 1935
County: Miami-Dade

Lot & exterior

Lot size: 5,000 ft²

Days on market, price per ft² and the monthly HOA amount are calculated by this site from the MLS data shown; the association fee is normalized to a monthly figure.

True monthly cost

Mortgage (principal & interest): $2,528
Property taxes (est.): $458
Home insurance (est.): $433
Flood insurance (est.): —

Estimated total$3,419*/mo

* Some cost lines aren't available yet for this listing; the total shown is incomplete.

Based on 20% down, a 6.5% rate and a 30-year loan, plus this home's estimated Florida carrying costs. All figures are illustrative estimates — not quotes, not financial or insurance advice.

Sources: flood zone — FEMA National Flood Hazard Layer; mortgage, taxes and insurance figures — this site's own estimates; HOA / CDD — as reported for this listing.

What will this home really cost you?