South Florida
Buena Vista Heights, 57 NW 42nd St Miami, 33127
1,300,000(-7.69% )
$1,200,000Price
1,305SqFt
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Size: 1,305 ft2 / 121 m2
Price: $920 ft2 / $9,898 m2
Built: 1924
MLS Number: A11667075
On Site: 55 Days
Updated: 14 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: 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!
Price History
11/06/2024
Date
Price Reduced
Event
$1.2M
Price
-7.69%
Change Rate
$802 ft2 / $8,628 m2
Price Per
09/27/2024
Date
Listed
Event
$1.3M
Price
$868 ft2 / $9,347 m2
Price Per
Price per square foot and days on website are not provided values and are calculated by Subdivisions.
Listed by Aniel Lugo Vasquez • Reaction Realty Group, Inc. • Buyer Agency Compensation .
Instant Comparative Market Analysis
$300/ft²
$500/ft²
$800/ft²
$1,100/ft²
Unit 57 NW 42nd St – Asking
$920/ft²
(+66%) from Closed Medium $/ft²
Closed Medium $/ft²
$556/ft²
Community $/Price Range (Closed) $447/ft² – $688/ft²
No Comparable Units Found: We couldn't locate comparable properties at this time. Contact us for a FREE, no-obligation Comparative Market Analysis (CMA) from a licensed RE advisor.
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