$1,200,000 $6,442 forsale estimated payment Sourced by Back At You
57 NW 42nd St , Miami, FL 33127
Miami, FL 33127
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!
Details
| Mls | A11667075 |
|---|---|
| Listing Type | For Sale |
| Style | Attachd |
| Subtype | Resale |
| Status | Active |
| Year | 1924 |
| Days On Site | 76 |
| Listing Provided By | Reaction Realty Group, Inc. | Aniel Lugo Vasquez |
Features
| Sq Feet | 1,305 |
|---|---|
| Storys | 1 |
| Zoning | 0104 |
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Learn More About This Property
| State | FL |
|---|---|
| County | Miami Dade |
| City | Miami |
| Zip Code | 33127 |
| Area | 31 |
| Community Name | BUENA VISTA HEIGHTS ADDN |
| Listing VS Median (in BUENA VISTA HEIGHTS ADDN) | |
Price: $1,200,000 low | high Med: $1,200,000 SqFt: 1,305 low | high Med: 1,305 $ / SqFt: $920 low | high Med: $920 On Site: 76 low | high Med: 76.000000 | |
Listing Updated: December 6, 2024 at 8:37:14 AM PST