2 months on rocket

18 NE 42nd St, Miami, FL, 33137

$1,850,000

Home List Price

$10,000*

Closing Credit

0 Baths
3,160 SqFt
$585/SqFt
Multi
Schools Nearby

Location

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18 NE 42nd St, Miami$1,850,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeDuplex
Year Built1924
HeatingCentral
CoolingCentral Air, Ceiling Fan(s)
MLS #A11525229
StatusActive

About 18 NE 42nd St

ATTENTION INVESTORS ~ HOME HACKERS! OVER 3000 TOTAL SFT DUPLEX. Rare Spanish Revival architecture w/ 9th ceilings, impact windows, HW floors, 100 sft deck, & 220 sft open balcony above porch. Gourmet kitchen with new quartz counters & breakfast bar. 4 BR / 3 bath main home + 1/1 detached cottage great for additional income! 2 buildings, possible 3 units with the potential of a minimum of $18K monthly income depending if you choose annual or short term renting. Over $150K in recent renovations makes this a turn-key goldmine for the savvy investor. BOTH the Private 350 sft cottage & 400 sft efficiency has BR, LR, full bath, kitchenette & separate entrances for a total of 3 units. Just 1 block N of Design District. Parking for 3 cars. 4 mins to highways / Midtown, 10 mins to MIA & S. Beach!

Property Details

Property Features

Property Information:

  • Year Built: 1924
  • Stories: 2
  • Living Area: 3,160 SqFt

Listing Office:

  • Office Name: Keller Williams Capital Realty
  • Office Phone: (305) 662-7325
  • Listing Agent: Ricky Kallabat

Interior Features

Interior Information:

  • Flooring Type: Tile, Wood

Virtual/3D Tour

  • Virtual Tour: 18 NE 42nd St

Virtual Tour

Lot Features

Lot Information:

  • Lot: Rectangular Lot

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air, Ceiling Fan(s)

School Info

Assigned Schools Information:

  • Booker T. Washington Senior High School, Public Magnet Grades 9-12
  • Jose De Diego Middle School, Public District Grades 6-8
  • Eneida Massas Hartner Elementary School, Public District Grades PK-5

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,850,000
  • Price Per SqFt: $585/SqFt

HOA Fees:

  • Amount: $0
  • Frequency: Monthly

Tax Information:

  • Annual Amount: $13,775
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Miami, FL.

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Miami, FL

City

Med. Sold Price

$540K

Med. Price/SqFt

$380

Avg. Days On Market

59

# of Sold Homes

883

18 NE 42nd St vs Miami

83 DAYS ON ROCKET

+24 Days

$1,850,000

+$1.3M More

$585/SqFt

+$205 More

KEY TAKEAWAY

This property is $1.3M more than the Median Sold Price and $205/SqFt more than other homes in Miami, FL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: SEFMIAMI
  • MLS Number: #A11525229

Listing Office:

  • Office Name: Keller Williams Capital Realty
  • Office Phone: (305) 662-7325
  • Listing Agent: Ricky Kallabat

IDX © 2024 Miami Association of REALTORS®. All rights reserved. The data relating to real estate on this web site comes in part from the Internet Data Exchange program of the MLS of the Miami Association of REALTORS®. All information is deemed reliable but not guaranteed by the MLS and should be independently verified. The MLS, this broker and their affiliates provide all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This property is offered without respect to any protected classes in accordance with the law.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/27/2024, 9:25:15 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$13,775$689,732
2018$13,068$531,238
2017$10,991$482,944

History based on county public records data.

Payment Calculator

$9,301

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$5,613

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-1120292
4
/10

  • Eneida Massas Hartner Elementary School

  • 401 NW 29th St

  • 0.84 miles

  • Public District Grades PK-5

Middle School

school-card-donut-1120293
1
/10

  • Jose De Diego Middle School

  • 3100 NW 5th Ave

  • 0.81 miles

  • Public District Grades 6-8

High School

school-card-donut-1120294
3
/10

  • Booker T. Washington Senior High School

  • 1200 NW 6th Ave

  • 2.05 miles

  • Public Magnet Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $35,536. Typical income of Miami, FL residents is less than $35k annually. The most common type of family is single, no kids. The majority of residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Rocket Homes›Florida›Miami-Dade County›Miami›33137›18 NE 42nd St

This home is located at 18 NE 42nd St in Miami, FL and zip code 33137 in the Buena Vista neighborhood. This 3,160 square foot home was built in 1924. It has been listed on Rocket Homes since February 04, 2024 and is currently priced at $1,850,000.

While more than 115 listings in Miami, FL in March 2024 were sold above asking price, there were more than 149 listings sold at asking price, and more than 619 were sold below. The number of homes for sale in Miami, FL increased by 9.1% between February 2024 and March 2024. Listings spent 59 days on the market in March 2024, and had a median list price of $540,091 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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