57 NW 42nd St
Miami, FL 33127
- – beds
- – baths
- 1,305 sqft
- $919 per sqft
- 1924 build
- – on site
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!
Last checked:
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Last updated Dec 16, 2024
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MLS# A11667075 —
The Building
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Year Built:1924
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Year Built Details:Resale
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Construction Materials:Block
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Stories:1
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Levels:One
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Roof:Shingle
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Green Energy Efficient:Appliances, WaterHeater
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Building Area Total:1497.0
Interior
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Flooring:Laminate
Room Dimensions
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Living Area:1305.0
The Property
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Parcel Number:01 31 24 020 1120
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Property Type:ResidentialIncome
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Property Subtype:Triplex
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Property Subtype Additional:Triplex
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Zoning Description:0104
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Lot Features:LessThanQuarterAcre
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Lot Size Units:SquareFeet
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Waterfront:false
Listing Agent
- Contact info:
- Agent phone:
- (954) 549-8406
- Office phone:
- (954) 967-6767
Taxes
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Tax Year:2023
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Tax Annual Amount:$10,897
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Tax Legal Description:PB 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
The Listing
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Virtual Tour Unbranded:
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Disclosures:OwnerIsListingAgent
Heating & Cooling
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Heating:Central, Electric
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Heating:true
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Cooling:CentralAir, CeilingFans, Other
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Cooling:true
Utilities
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Utilities:CableAvailable
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Sewer:PublicSewer
The Community
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Subdivision Name:Buena Vista Heights Addn
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Pool Features:None
Parking
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Parking Total:4.0
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
12/10/24
Dec 10, 2024
|
Listed / Active | MLSM | $1,200,000 |
