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57 NW 42nd St, Miami FL 33127

Multi-family For Sale
$1,200,000

BTC: 13.18681319

ETH: 380.95238095

-$100K (2024/11/06)
49 days
0 room(s)
1,305 sqft
Est. Estimated sales range: $0 - $0
$0

Overview

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

Location

Florida • Miami • 33127 • Multi-family • For Sale

Facts and features

Type:
Residential Income
Parking:
No Data
Year Built:
1924
Lot:
No Data
Heating:
Central / Electric
Price/sqft:
$920
Cooling:
Ceiling Fan(s) / Central Air / Other
HOA:
No Data
All facts and features

  • Heating

    • Central

    • Electric

    Cooling

    • Ceiling Fan(s)

    • Central Air

    • Other

  • Other Property Information

    • Parcel Number: 01-31-24-020-1120

    • Zoning: 0104

  • Type and style

    • Property Type: Residential Income

    • Property Sub Type: Triplex

  • Green energy

    • Appliances

    • Water Heater

  • Other financial information

    • Annual tax amount: $10,897

  • Source details

    • MLS ID: A11667075

    Other facts

    • Construction Materials: CBS Construction

    • Lot Features: Less Than 1/4 Acre Lot

    • Architectural Style: Attached

    • Living Area: 1305

    • Subdivision Name: BUENA VISTA HEIGHTS ADDN

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The multiple listing information is provided by the Miami Association of REALTORS® from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2024-present Miami Association of REALTORS®. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: Reaction Realty Group, Inc.