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353 NE 58th St, Miami, FL, 33137

2beds
1baths
1,077sqft
$500,000
$464price/sqft
$3,105/moest. monthly cost
$124,200/yrincome needed

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.

Getting Around

90
WalkingWalker's Paradise
51
TransitGood Transit
80
BikeVery Bikeable

Schools

3/10
3/10

Construction

Condition

  • Year built: 1935

Materials

  • Roof: Shingle
  • Construction materials: Frame With Stucco,Wood Siding

Type & Style

  • Home type: SingleFamily
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Dishwasher

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 1
  • Full bathrooms: 1

Features

  • Flooring: Carpet,Wood

Heating & Cooling

  • Heating features: Central,Electric
  • Cooling features: Central Air,Electric

Interior Area

  • Total structure area: 1,109
  • Total interior livable area: 1,077 sqft

Property

Details

  • Parcel number: 0131130650130
  • Zoning: 5700

Features

  • Stories: 1
  • Entry location: First Floor Entry
  • Pool features: R30-No Pool/No Water
  • Exterior features: Room For Pool
  • Fencing: Fenced
  • Has view: Yes
  • View description: Other

Lot

  • Lot size: 5,000 sqft
  • Features: Less Than 1/4 Acre Lot

Parking

  • Parking features: Additional Spaces Available,Other,On Street
  • Has uncovered spaces: Yes

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Hurricane
    HurricaneModerate
  • Heat Wave
    Heat WaveModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Hurricane
Heat Wave
Tsunami

FEMA Declared Disasters in Miami-Dade County and Florida

Flood
Hurricane
Tropical Depression
Tropical Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $2,528$30,336
Home Insurance *$43$516
Property Taxes $337$4,044
Electricity $197$2,366
Total$3,105$37,260
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$106,457/yr
40% on housing$93,150/yr
45% on housing$82,800/yr

Florida FAIR Plan Programs

Citizens Property Insurance Corporation [Florida]

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 1,321,953Commercial: 13,564
Total Premiums$4.60B
Total Exposure$385.82B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 7.8%
7.8%
0%30.0%
Electricity Growth Rate10-year average: 2.2%
2.2%
0%15.0%
Property Taxes Growth Rate2-year average: 3.3%
3.3%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$464This listing

vs Other Active Listings

Avg $/sqft

ZIP 33137$899
Miami-Dade County$639

vs Homes Sold Last Month

Median $/sqft

ZIP 33137$949
Miami-Dade County$404

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-07-24Listed for sale$500,000
2021-03-24Listing removed--
2017-11-22Listing removed$1,800
2017-11-07Listed for rent$1,800
2009-11-09Sold$92,000

For Sale by Agent

AgentJuan Novo
BrokerageBarrios and Associates Realty

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