How do I schedule a tour of 193 NW 58th Street, Miami, FL 33127?

Use the Tour button on this listing to request a showing of 193 NW 58th Street, Miami, FL 33127. Pick a day and time and choose an in-person or video-chat tour, and a Pure Equity Realty agent will confirm your visit, often the same day.

Is 193 NW 58th Street, Miami, FL 33127 still available?

193 NW 58th Street, Miami, FL 33127 is currently listed as Active, and has been on the market 92 days. Status updates directly from the MLS as homes go under contract, so ask us to confirm availability before you plan a visit.

How much is the monthly payment for 193 NW 58th Street, Miami, FL 33127?

With 20% down ($600,000) on the $3,000,000 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 193 NW 58th Street, Miami, FL 33127 is about $15,766/mo, before property taxes, insurance. Use the payment estimate on this page to adjust the down payment and rate.

How do I get pre-approved to buy 193 NW 58th Street, Miami, FL 33127?

Getting pre-approved shows sellers you're a serious buyer and clarifies your true budget before you offer on 193 NW 58th Street, Miami, FL 33127. Contact Pure Equity Realty and we'll connect you with a trusted local lender to review your financing options, no obligation.

Can I negotiate the price of 193 NW 58th Street, Miami, FL 33127?

Often, yes. The right offer on 193 NW 58th Street, Miami, FL 33127 depends on how it's priced against comparable commercial sales in Miami, how long it's been listed, and how motivated the seller is. Pure Equity Realty will run the comps and help you craft a competitive, well-supported offer.

Active

92 Days on Market

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$3,000,000

193 NW 58th Street

Miami, FL 33127

Explore the area: Miami homes for sale · Miami Dade County real estate

Bedrooms

Bathrooms

Living Sq Ft

1926

Year Built

Estimated monthly payment

$15,766 /mo

Principal and interest only, based on $600,000 down (20%), a 6.875% 30-year fixed rate. Property taxes, homeowners insurance are not included.

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Listing Snapshot

Price: $3,000,000
Days on Site: 92 Days
Bedrooms: 0
Total Baths: 0
Total Sq Ft: 3,205 sqft
Lot Size: 0.15 Acres
Year Built: 1926
Property Type: Commercial
MLS #: A12011306
County: Miami Dade
Status: Active

About This Property

15-UNIT VALUE-ADD EXTENDED-STAYOPPORTUNITYFausto Commercial Realty is pleased to present193 NW 58th Street, a 15-unit multifamily asset inMiami’s improving Little River / Model Citycorridor, just east of NW 2nd Avenue. Built in1926 on a 6,500 SF lot, the two-story property islegally operating as 15 units and currently runsas a high-occupancy extended-stay / hostel-styleoperation. The asset is renovated, well-maintained, and benefits from strong demanddue to proximity to Wynwood, Midtown, theDesign District, and Miami International Airport.As-is, the property collects approximately$20,600/month ($247,200/year) with estimatedexpenses of ~30%, producing an in-place NOI of$173,040. At the $3,250,000 asking price, theoffering reflects a 5.32% cap rate with stablecash flow.Value-add upside includes adding 12 bathrooms(one per unit) for an estimated $180,000 toconvert the asset into 15 self-contained Airbnbunits. Under conservative assumptions ($135ADR, 65% occupancy, 40% expenses), projectedNOI is approximately $288,000, equating to an~8.4% pro-forma cap rate on total cost—drivenby operational improvement rather thanspeculative rent growth.

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General Features

Property Type: Commercial
Status: Active
Year Built: 1926
Lot Size (Acres): 0.15
Total Sq Ft: 3,205
Zoning: 5700

Community & HOA

MLS Area: 2310

About the Area

Miami

View Miami Real Estate →

Browse Miami homes for sale across every neighborhood and price point in Miami-Dade. Available homes span single-family, townhome, and condo segments throughout the city. Miami includes gated golf communities, 55+ active adult neighborhoods, waterfront estates, and newer master-planned subdivisions. HOA fees vary by community type, from modest maintenance fees in non-gated subdivisions to higher dues in full-amenity country clubs. The city sits within Miami-Dade, offering access to South Florida beaches, major employment centers, and healthcare hubs. For current Miami-Dade market data, see Florida Realtors' monthly statistics. Browse the latest Miami listings below. Then connect with a Pure Equity Realty agent to schedule a private showing.

Homes for Sale: 10,872
Under Contract: 1,622
Median List Price: $639,800
Median Sale Price (August): $570,000
Median $/Sq Ft: $497
Avg Days on Market: 130

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Frequently Asked Questions

How do I schedule a tour of 193 NW 58th Street, Miami, FL 33127?: Use the Tour button on this listing to request a showing of 193 NW 58th Street, Miami, FL 33127. Pick a day and time and choose an in-person or video-chat tour, and a Pure Equity Realty agent will confirm your visit, often the same day.
Is 193 NW 58th Street, Miami, FL 33127 still available?: 193 NW 58th Street, Miami, FL 33127 is currently listed as Active, and has been on the market 92 days. Status updates directly from the MLS as homes go under contract, so ask us to confirm availability before you plan a visit.
How much is the monthly payment for 193 NW 58th Street, Miami, FL 33127?: With 20% down ($600,000) on the $3,000,000 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 193 NW 58th Street, Miami, FL 33127 is about $15,766/mo, before property taxes, insurance. Use the payment estimate on this page to adjust the down payment and rate.
How do I get pre-approved to buy 193 NW 58th Street, Miami, FL 33127?: Getting pre-approved shows sellers you're a serious buyer and clarifies your true budget before you offer on 193 NW 58th Street, Miami, FL 33127. Contact Pure Equity Realty and we'll connect you with a trusted local lender to review your financing options, no obligation.
Can I negotiate the price of 193 NW 58th Street, Miami, FL 33127?: Often, yes. The right offer on 193 NW 58th Street, Miami, FL 33127 depends on how it's priced against comparable commercial sales in Miami, how long it's been listed, and how motivated the seller is. Pure Equity Realty will run the comps and help you craft a competitive, well-supported offer.

Listing courtesy of Fausto Commercial Realty Consultants Inc

Listing information is provided by BeachesMLS, Inc.and is deemed reliable but not guaranteed accurate by the MLS or Pure Equity Realty. Information is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties. © 2026 BeachesMLS, Inc. Last updated June 23, 2026.

$3,000,000