57 NW 42nd St, Miami, 33127
Listing UP for Sale
57 NW 42nd St, Miami, 33127
Overview
- Property Type
- Triplex
- 1305
- sqft
- 1924
- Year Built
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: 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!
Address
Open on Google Maps- Address 57 NW 42nd St
- City Miami
- State/county Florida
- Zip/Postal Code 33127
- Area Miami-dade County
Details
Updated on October 11, 2024 at 5:13 pm- Property ID: A11667075
- Price: $1,200,000
- Property Size: 1305 sqft
- Year Built: 1924
- Property Type: Triplex
- Property Status: Listing UP for Sale
Listing Agent Contact Information
View Listings© Data Source Copyright: Copyright Southeast Florida Multiple Listing Service ©2024. Accuracy of listing information is not guaranteed. Listing information is provided for personal consumer, non-commercial use, solely to identify potential properties for potential purchase. All other use is strictly prohibited, is a violation of the terms of use, and may violate federal and state law.