Multifamily in Miami, FL 33127
Buena Vista Heights, 57 NW 42nd St

$1.3M7.7%
$1,200,000
1,305
SqFt
Status
OFF MARKETExpired
Size
1,305 SqFt (121 m2)
Price
$920/SqFt ($9,898/m2)
Type
Multifamily
Built
1924
MLS Number
A11667075
On Site
718 Days
Updated
575 Days ago
Page Views
0
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!

Features

Bedrooms
    Bathrooms
      Exterior and Lot Features
        Interior, Heating and Cooling
        • Heating Description: Central,Electric
        • Cooling Description: CentralAir, CeilingFans, Other
        Building and Construction
        • Floor Description: Laminate
        • Year Built: 1924
        • Year Built Description: Resale
        Waterfront and Water Access
        • Waterfront Frontage: No info
        School Information
          Other Property Info
          • Listing Date: 2024-09-27T11:39:17.000-00:00
          Taxes, Fees & More
          • Taxes: 10897

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          Price History

          Current
          $1.2M
          High
          $1.3M
          Low
          $1.2M
          Total Change
          -7.7%
          $1.3M$1.3M$1.2MSep 24Nov 24
          Date
          Event
          Price
          Change
          Price Per
          11/06/2024
          Price Reduced
          $1.2M
          -7.69%
          $920 ft2
          $9,898 m2
          09/27/2024
          Listed
          $1.3M
           
          $996 ft2
          $10,723 m2
          11/06/2024
          $1.2M
          Event
          Price Reduced
          Change
          -7.69%
          Price Per
          $920 ft2
          $9,898 m2
          09/27/2024
          $1.3M
          Event
          Listed
          Price Per
          $996 ft2
          $10,723 m2
          Price per square foot and days on website are not provided values and are calculated by Subdivisions.
          Listed by Aniel Lugo VasquezReaction Realty Group, Inc. • Buyer Agency Compensation .

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          Scores

          Walk Score®
          Walker's Paradise. Daily errands do not require a car
          93

          100
          Transit Score®
          Good Transit. Many nearby public transportation options
          52

          100
          Bike Score®
          Very Bikeable. Biking is convenient for most trips
          76

          100
          Sound Score®
          Very loud
          73

          100
          Airport Score
          Close to airports. Noticeable airport activity
          0

          100
          Traffic Score
          Congested area. Frequent traffic delays
          34

          100
          Local Score
          Limited local amenities nearby
          1

          100
          Community Snapshot
          3 – 7 BR
          Bedrooms
          $975K – $3.3M
          Price Tier
          682 - 4,287
          SqFt Range
          1953
          Year Build
          1
          Total Floors

          Miami
          High-End
          High-End Homes & Condos