Miami, FL 33127 57 NW 42nd St
$1,200,000
18 more
Presented By: This listing is courtesy of Reaction Realty Group, Inc.;
Beds • 5
Full/Half Baths • 3 / 3
SQFT • 1,305
Home Details
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!
Presented By: This listing is courtesy of Reaction Realty Group, Inc.;
Interior Features for 57 NW 42nd St
Bathrooms
Total Baths
Other Interior Features
Air Conditioning Y/NYes
Basement (Y/N)No
Fireplace Y/NNo
FlooringLaminate
Heating Y/NYes
General for 57 NW 42nd St
Additional Parcels Y/NNo
Attached Garage No
Carport Y/NNo
CityMiami
Construction MaterialsBlock
CoolingCentralAir, CeilingFans, Other
CountyMiami-Dade
DisclosuresOwnerIsListingAgent
Electric On Property Y/NNo
Energy EfficientAppliances, WaterHeater
Garage Y/NNo
HOANo
HeatingCentral, Electric
Home Warranty Y/NNo
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
Legal DescriptionPB 3-22 BUENA VISTA HGTS ADD AMD PL LOT 8 BLK 6 LOT SIZE 50.000 X 144 OR 19890-3913 05 2001 4 COC 25107-0033 11 2006 5
LevelsOne
Listing TermsCash, Conventional, Other, VaLoan
Lot Size UnitsSquareFeet
MLS Area31
MobileHomeRemainsYNNo
New ConstructionNo
Occupancy TypeCallAgent
Pool FeaturesNone
PossessionCloseOfEscrow
PostalCityMiami
Property Attached Y/NNo
Property Sub Type AdditionalTriplex
Property SubtypeTriplex
Property TypeResidentialIncome
Rent Control Y/NNo
Rent IncludesGardener, PestControl, TrashCollection, CableTv
RoofShingle
Senior Community Y/NNo
SewerPublicSewer
Special Listing ConditionsListedAsIs
Standard StatusActive
StatusActive
Stories1
Subdivision NameBUENA VISTA HEIGHTS ADDN
Tax Annual Amount10897.0
Tax Year2023
UtilitiesCableAvailable
Virtual TourClick here
Waterfront Y/NNo
Year Built1924
Year Built DetailsResale
Zoning Description0104
Exterior for 57 NW 42nd St
Building Area Total1497.0
Covered Spaces0.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot FeaturesLessThanQuarterAcre
Open Parking Y/NNo
Private PoolNo
SpaNo
Total Parking4.0
Additional Details
Price History
Diana Fahmie
Realtor
