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Luxury home — 5879 SW 58th Terrace · University Mnr · Miami
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Open property magazine$1,100,000
5879 SW 58th Terrace, Miami, FL 33143
Miami, FL, 33143
3 bd · 2 ba · 1,680 sqft
Listed by The Keyes Company
5879 SW 58th Terrace, Miami, FL 33143
Listed by The Keyes Company
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Estimated monthly payment
$7,048/mo
Know your costs before you buy
Work through three numbers: your estimated monthly payment, the cash needed at closing, and insurance & flood.
Estimated monthly payment $7,048/mo · principal, interest, taxes, insurance and HOA. Verify before you buy.
Cash to close includes the down payment, lender and title costs, taxes, insurance prepayments and escrow deposits. Editable estimate only.
Insurance and flood: Zone not provided · verify insurance quotes before buying.
About this home
Find similar homesOPENHOUSE SATURDAY 11/14/2026 11-2PM PICTURES COMING SOON!!Nice single-family home (needs some TLC) featuring 3 bedrooms and 2 bathrooms with a desirable split-bedroom floor plan for added privacy. Features include impact windows and doors, a 4-year old roof, a legally added den/family room, a spacious backyard, and a large storage shed. Located in a quiet residential neighborhood within walking distance of the busway, schools, and shopping centers. "Show it & Sell it"
Property Details
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Your costs (est.)
≈ $7,048/mo
5879 SW 58th Terrace, Miami, FL 33143 · Miami
Location
5879 SW 58th Terrace, Miami, FL 33143
What buyers ask about this home
What are the estimated monthly carrying costs at 5879 SW 58th Terrace, Miami, FL 33143?+
Property tax (after sale): $1,001/month est.; homeowners insurance: $340/month est.; HOA: $0/month. Fixed ownership costs before a mortgage: $1,341/month est. Principal and interest: $5,708/month; PMI: $0/month. Total for the payment scenario shown: $7,048/month est. Flood insurance is not included. Estimate only, not guaranteed. Verify before you buy or sell.
Will property taxes go up after I buy 5879 SW 58th Terrace, Miami, FL 33143?+
Usually yes. In Florida the assessed value resets to market value in the year after a sale, so the seller's current tax bill is rarely what a new owner pays. Budget roughly 1.8–2.0% of the purchase price annually until you file for homestead exemption and the Save Our Homes cap (or the 10% non-homestead cap) starts limiting increases.
Does 5879 SW 58th Terrace, Miami, FL 33143 need flood insurance, and what drives the premium?+
Most of Miami sits in a FEMA flood zone, and lenders require flood coverage in high-risk zones. Premiums are driven by elevation certificate, flood zone, roof age and shape, and whether the home has impact windows or accordion shutters. Ask for the current declarations page, the four-point inspection and wind mitigation report early — they set your real cost of ownership.
What should an inspection focus on for a home like 5879 SW 58th Terrace, Miami, FL 33143?+
In coastal South Florida, prioritize roof age and permit history, whether windows and doors are impact-rated, the seawall and dock condition on waterfront lots, drainage and elevation, plumbing type (cast iron and polybutylene are common in homes of this era), and any open or expired permits with the city. These items, not cosmetics, drive both price and insurability.
Is there room to negotiate on 5879 SW 58th Terrace, Miami, FL 33143?+
This listing has been on the market 39 days. Leverage comes from days on market, price history, comparable closed sales and the seller's motivation — not from a fixed percentage. I pull the full history and the true comps before we write, so the offer is built on what the property is actually worth today. Call or text (954) 562-1798 for that analysis.
Neighborhood & Commute
Miami. Distinct neighborhoods, local dining and shopping, with downtown, Brickell and MiamiCentral as everyday destinations.
Approximate Drive Times
Drive times are estimates based on straight-line distance at typical South Florida traffic speeds. Actual times vary with traffic and routing.
Assigned schools for this address
South Miami Middle School
Middle school · 0.9 mi from this home · 6750 Sw 60Th St, South Miami
Zone boundaries published by Miami-Dade County Public Schools.
Other options for this address
Somerset Academy Elementary School (South Miami Campus)
Elementary · Charter · Grades PK–5 · South Miami
ST. Thomas The Apostle Catholic School
Elementary · Private · Catholic · Grades PK–8 · South Miami
Somerset Academy Charter Middle School (South Miami Campus)
Middle school · Charter · Grades 6–8 · South Miami
Carrollton School-Sacred Heart
Pre-K & Kindergarten · Private · Catholic · Grades PK–12 · Miami
School assignment is set by the district and can change. Always confirm the zoned school with the district before you buy.
The home, in a magazine
A closer look at this home and its lifestyle — dedicated to you and your family.
Open the magazine
Simon Gedz
Realtor® since 1995
Interested in this property?
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