57 NW 42nd St, Miami, 33127

  • $1,200,000

Listing UP for Sale

Miami

Overview

Property ID: A11667075
  • 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 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 57 NW 42nd St
  • City Miami
  • State/county Florida
  • Zip/Postal Code 33127
  • Area Miami-dade County

Details

Updated on January 6, 2025 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

Contact Agent About This Property

By submitting this form, you consent to receiving calls,SMS, Email messages in response to your request, even if your phone number is registered on the State and/or National Do Not Call Registry. Reply STOP to opt-out. By submitting this form I agree to Terms of Use

© 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.

Compare listings

Compare
Aniel Lugo Vasquez
  • Aniel Lugo Vasquez