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57 NW 42nd St

Miami, FL 33127
  • $1,200,000
  • STATUS: Active
  • ON SITE: 108 Days
  • MLS #: A11667075
UPDATED: 44 min ago
$1,200,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 1,305
    SQFT
  • $920
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1924
County:

School Ratings & Info

Description

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 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; it's your chance to invest in a thriving, evolving neighborhood. Don't miss this exceptional opportunity!

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Copyright 2025, Participating Associations/MLS’s in the SEFMLS, MIAMI Association of REALTORS, Realtor Association of Greater Ft. Lauderdale, South Broward Board of Realtors. All rights reserved. The data relating to real estate for sale on this web site comes in part from the participating Associations/MLS’s in the Southeast Florida Regional Multiple Listing Service cooperative agreement, MIAMI Association of REALTORS, Realtor Association of Greater Ft. Lauderdale, South Broward Board of Realtors. 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. Copyright 2025, Participating Associations/MLS’s in the SEFMLS, MIAMI Association of REALTORS, Realtor Association of Greater Ft. Lauderdale, South Broward Board of Realtors. All rights reserved. Use of search facilities of data on the site, other than a consumer looking to purchase real estate, is prohibited. Data last updated 2025-01-14T13:51:38.877.
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57 NW 42nd St Miami, FL 33127

  • Price: $1,200,000
  • Status: Active
  • On Site: 108 Days
  • Updated: 44 min ago
  • MLS #: A11667075
0
Beds
0
Baths
0
½ Baths
N/A
Acres
1,305
SQFT
$920
$/SQFT
1924
Built
Neighborhood:
Buena Vista Heights Addn
County:
Miami-Dade
Area:
Buena Vista Heights Addn
Property Description
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 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; it's your chance to invest in a thriving, evolving neighborhood. Don't miss this exceptional opportunity!
Exterior Features

Architectural Style Attached Construction Materials CBS Construction Lot Features Less Than 1/4 Acre Lot Parking Total 4 Pool Private YN No Roof Shingle View YN No Waterfront YN No

Interior Features

Adjusted Square Footage 1341 Building Area Total 1497 Cooling Ceiling Fan(s)Central AirOther Heating CentralElectric Heating YN Yes Stories 1

Property Features

Association YN No Building Name BUENA VISTA HEIGHTS ADDN Cooling YN Yes Documents Available Deposit - Security Green Energy Efficient AppliancesWater Heater Horse YN No Listing Terms All CashConventionalVA Loan New Construction YN No Property Sub Type Triplex Public Survey Section 24 Rent Includes Cable TVGardenerPest ControlTrash Collection Sewer Public Sewer Structure Type Triplex Tax Annual Amount 10897 Tax Year 2023 Type Of Association None Year Built Details Resale Zoning 0104

Listing courtesy of Reaction Realty Group, Inc.: .


Copyright 2025, Participating Associations/MLS’s in the SEFMLS, MIAMI Association of REALTORS, Realtor Association of Greater Ft. Lauderdale, South Broward Board of Realtors. All rights reserved. The data relating to real estate for sale on this web site comes in part from the participating Associations/MLS’s in the Southeast Florida Regional Multiple Listing Service cooperative agreement, MIAMI Association of REALTORS, Realtor Association of Greater Ft. Lauderdale, South Broward Board of Realtors. 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. Copyright 2025, Participating Associations/MLS’s in the SEFMLS, MIAMI Association of REALTORS, Realtor Association of Greater Ft. Lauderdale, South Broward Board of Realtors. All rights reserved. Use of search facilities of data on the site, other than a consumer looking to purchase real estate, is prohibited. Data last updated 2025-01-14T13:51:38.877.
 
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4507 Furling Lane, Suite #203
Destin FL, 32541