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$5,750,000
$5,750,000
1501 W 42nd St
·
Miami-Dade
Sold on August 16, 2024
MultiFamily
MLS® # A11598443
MultiFamily
MLS® # A11598443
Bedrooms
0 Beds
Bathrooms
0 Baths
Size
$33,933 sqft
Parkings
0
Maintenance Fees
-
Annual Tax
$72,083
Description
Eco Stone Group Investments is pleased to present a 20-unit multifamily property located at 1501 W 42 St, Hialeah, FL, 33012, in the heart of Hialeah, the largest epicenter for the Hispanic community. Its density and desirability have allowed for rapid growth in rents and capital appreciation for the area. The property is close to prime destinations like Miami International Airport, The Amelia Earhart Park, multiple supermarkets. The property features: - 20 separate units, each with 2 bedrooms and 1 bathroom (approximately 950 sq.ft.), which are larger than average. - Separate electric meters for each unit. - 80% of the units have been renovated. - A parking space for each unit. - On-site coin laundry facilities generating additional income.
Habitat Realty LLC
Features & Details
Learn about the features and details of 1501 W 42nd St
Property Details
- Property TypeMultiFamily
- Living Area-
- Year Built1987
- Lot Size33,933 sqft
- Stories-
- Annual Tax$72,083.00
- List Date5/31/2024
- Updated6/8/2025
- Last CheckedRecent
- MLS Number#A11598443
- BrokerageHabitat Realty LLC
- Postal Code33012
- AreaMiami-Dade
- CityHialeah
Additional Property Features
- OccupancyTenant
- List Price$5,750,000.00
- Unit Number-
- ConstructionBlock
- HeatingCentral
- Fireplaces-
- Garage-
- Parking TypeNo
- Pets AllowedNo
- Air ConditioningCentral Air
- ElevatorNo
- LockerNo
- Swimming PoolNo
- PatioNo
- BasementNo
- DenNo
- Central VacuumNo
- Garage TypeNo
Additional Listing Information
- Walk Score–
- Property Manager-
- Utilities IncludedNone
- FurnishedNo
- Assessment YearAssessment Year
- AssignmentNo
- Extras IncludedNone
Inside
- Bedrooms & Baths0 Bed, 0 Bath
- EnsuiteYes
- Bathrooms0
- FlooringMixed
Price history
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Virtual Tour
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Real estate trends
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Mortgage Calculator
Estimate monthly payments for 1501 42nd St
20.5%100%
Estimated Monthly Payment
$23,162
Cash Flow Analysis
Mortgage Payment:
$23,162
Monthly Payment:
$29,168.92
Break Even Down Payment:
100%
Cash Flow
$0
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About this property
Discover this impressive multifamily in the heart of Hialeah. Originally built in 1987. Offered at $5,750,000.00 Don't miss this opportunity to own in one of the area's most desirable locations.
FAQs About 1501 W 42nd St
Based on information from the Miami Association of REALTORS®. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information.
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1501 W 42nd St