57 Nw 42nd St St
Miami, Florida
$1,200,000 Rental Price
- Bedrooms   - Baths

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...

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!

Listing courtesy of Reaction Realty Group, Inc.

 

Listing Details

Miami, Florida
Type: Rental
Price: $1,200,000
Approx. square footage: 1,497 sf
Web ID: 11667075
MLS ID: A11667075

Info & Amenities

Type: Triplex
Built: 1924
Pool: Yes

Listing Agent(s)