Buena Vista Heights, 57 NW 42nd St Miami, FL, 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: 85 Days
Updated: 11 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!
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Price History
11/06/2024

Date

Price Reduced

Event

$1.2M

Price

-7.69%

Change Rate

$920 ft2 / $9,898 m2

Price Per

09/27/2024

Date

Listed

Event

$1.3M

Price

$996 ft2 / $10,723 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
$200/ft²
$400/ft²
$800/ft²
$1,100/ft²

Unit 57 NW 42nd St – Asking

$920/ft²

(+75%) from Closed Medium $/ft²

Closed Medium $/ft²

$527/ft²
Community $/Price Range (Closed) $371/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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