57 NW 42nd St, Miami, 33127
Buy
57 NW 42nd St, Miami, 33127
Quick Details
MLS #: 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: 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
- MLS #: A11667075
- Price: $1,200,000
- Property Size: 1305 sqft
- Year Built: 1924
- Property Type: Triplex
- Property Status: Buy
Listed by Aniel Lugo Vasquez · Reaction Realty Group, Inc.
- Updated on November 7, 2024 at 1:04 pm
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View ListingsFor more information about this Triplex for Buy currently listed for $1200000 located in 57 NW 42nd St Miami, Florida 33127 please call our real estate office at 1-(305) 728-0840
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