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Sold
Sold on February 18, 2025

1440 SW 42nd Ave

$5,500,000
$4,875,000
0 Beds
0 Baths
10,841 sqft
0 Parkings
Lot size
25,466 sqft
Annual Tax
$58,852
Occupancy
Tenant
Year Built
1947
Property type
Multifamily
#MLS
A11596512

Description

A premier multifamily property epitomizing the pinnacle of rental living in one of the most desirable communities of Dade County. This exceptional offering comprises 12 meticulously maintained two bedroom, one-bath units, nestled within a building that spans a generous living area of 10,841 sq ft on a sprawling lot size of 25,466 sq ft. Built in 1947 and comprehensively renovated five years ago in 2019, the property showcases modern amenities including impact windows and central AC across all units, ensuring both comfort and safety for its tenants.

Fausto Commercial Realty Consultants Inc

Features & Details

Learn about the features and details of 1440 SW 42nd Ave

Property Details

  • Property Type
    MultiFamily
  • Living Area
    10,841 sqft
  • Year Built
    1947
  • Lot Size
    25,466 sqft
  • Stories
    -
  • Annual Tax
    $58,852.00
  • List Date
    5/29/2024
  • Updated
    6/7/2025
  • Last Checked
    Recent
  • MLS Number
    #A11596512
  • Brokerage
    Fausto Commercial Realty Consultants Inc
  • Postal Code
    33142
  • Area
    Miami-Dade
  • City
    Miami

Additional Property Features

  • Occupancy
    Tenant
  • List Price
    $5,500,000.00
  • Unit Number
    -
  • Construction
    Construction
  • Heating
    Heating
  • Fireplaces
    -
  • Garage
    -
  • Parking Type
    No
  • Pets Allowed
    No
  • Air Conditioning
    No
  • Elevator
    No
  • Locker
    No
  • Swimming Pool
    No
  • Patio
    No
  • Basement
    No
  • Den
    No
  • Central Vacuum
    No
  • Garage Type
    No

Additional Listing Information

  • Walk Score
  • Property Manager
    -
  • Utilities Included
    None
  • Furnished
    No
  • Assessment Year
    Assessment Year
  • Assignment
    No
  • Extras Included
    None
  • Virtual Tour
    View virtual tour

Inside

  • Bedrooms & Baths
    0 Bed, 0 Bath
  • Ensuite
    Yes
  • Bathrooms
    0
  • Flooring
    Mixed

Price history

Learn about the price history of 1440 SW 42nd Ave

Real estate trends

View trends of price in Miami over the last 12 months

Explore Miami-Dade

Learn about the area around 1440 SW 42nd Ave

Mortgage Calculator
Estimate monthly payments for 1440 SW 42nd Ave
$0
20.0%
$5,500,000
1%
5.25%
10%
Estimated Monthly Payment

$26,367

Cash Flow Analysis
Mortgage Payment:
$26,366.9
Monthly Payment:
$31,271.23
Break Even Down Payment:
100%
Cash Flow
$0
Disclaimer: This calculator provides estimates for informational purposes only. Consult a financial advisor for personalized advice.

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About this property

Discover this beautiful multifamily in the heart of Miami. This well-appointed property offers 10,841 square feet of living space situated on a 25,466 square foot lot. Originally built in 1947. Offered at $5,500,000.00 Don't miss this opportunity to own in one of the area's most desirable locations.

FAQs About 1440 SW 42nd Ave

1440 SW 42nd Ave, MLS® A11596512 has a size of 10841 sqft.

There are bedrooms and bathrooms in this Multifamily at 1440 SW 42nd Ave, MLS® A11596512.

Annual taxes for this home are $58,852 based on tax year reports.
Miami Association of REALTORS®
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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1440 SW 42nd Ave