57 NW 42nd St
Miami, FL 33127
$1,200,000
1 Price Changes
(-$ 100,000)
Active
23+
$1,200,000
Active
Bedrooms
Bathrooms
N/A
Half Baths
1,305
Size Sq. Ft.
47
DOM
57 NW 42nd St
Miami, FL 33127
Beds, Baths, Triplex 1,305 Sq.Ft.
Investment Opportunity in Design District Discover a prime investment opportunity generating $65,000 in annual rental income with a 5% CAP rate. Located in the heart of the Miami Design District (MDD), this property is surrounded by multimillion-dollar developments, positioning it perfectly in a rapidly growing area. Key Features: Large Parcel: 14,000 SQFT of land offers incredible flexibility. Versatile Potential: Maintain as a rental or explore new construction opportunities. Prime Location: Situated in a safe, vibrant community that’s becoming a top destination. This property is not just a rental; its your chance to invest in a thriving, evolving neighborhood. Don’t miss this exceptional opportunity!
Listing Summary
- Address 57 NW 42nd St
- City Miami
- County Miami-Dade
- Zip 33127
-
Price
$1,200,000
($920 / SqFt) - Status Active
- Subdivision Buena Vista Heights Addn
- Pets Allowed No
- MLS® # A11667075
- Property Type Residential Income
- Property Sub TypeTriplex
- Status Active
- Square Feet 1,305
- Year Built 1924
- Waterfront No
- Maintenance Fees No Info Provided
- Taxes $10,897
- Tax Year 2023
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The data relating to real estate for sale on this web site comes in part from the participating Associations of the Miami Multiple Listing Service. The MLS data provided for the property above (A11667075) is provided courtesy of (Reaction Realty Group, Inc.). The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Data last updated on 11-26-2024. IDX powered by Realty Net Media