229 NW 42nd St, Miami, FL 33127 — MLS photo

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229 NW 42nd St, Miami, FL 33127

Active · SingleFamilyResidence

$2,690,000

229 NW 42nd St, Miami, FL 33127

Beds
5
Baths
5
Living area
2,780 sq ft
$ / sq ft
$968/sq ft
Year built
2025
Lot size
5,400 sq ft
HOA fee
—
Annual tax
—

About this property

Located just a few blocks from the Miami Design District, this new construction modern residence with 5 bedrooms, 5 full bathrooms and 3,690 total SqFt. The home's large pivot door leads into a bright, open interior featuring soaring 13 feet with expansive windows overlooking the pool. High-end finishes include white oak flooring, Hansgrohe fixtures, impact windows and doors, sleek floor to ceiling cabinetry, and premium Sub-Zero/Wolf appliances. Designed for indoor-outdoor living with heated pool, covered terrace, and fully equipped outdoor kitchen with refrigerator. Additional highlights include a 1.5 car garage with storage space, elevated lot over 14 feet above sea level, and a prime location near Wynwood, Midtown, and Miami's top beaches (not in a flood zone). Home next door(215) also available, presenting a rare opportunity for side by side ownership.

Property location

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229 NW 42nd St, Miami, FL 33127

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Facts & features

Interior

Bedrooms
5
Bathrooms
5
Living area
2,780 sq ft

Exterior & Structure

Property type
SingleFamilyResidence
Year built
2025
Lot size
5,400 sq ft

Parking

Not provided in the MLS listing.

HOA, Community & Financials

County
Miami-Dade
MLS listing ID
A11954520
Listing status
Active

Investment intelligence

Yield & ROI calculator

Pre-filled from this listing's price, HOA and tax record. Adjust anything to see returns update instantly.

Estimated monthly cash flow

-$7,419

Cap rate
2.4%
Net yield
2.4%
Cash-on-cash return
-11.8%
Gross yield
5.5%
Mortgage payment
$12,752/mo
Down payment
$672,500
Loan amount
$2,017,500
Annual NOI
$64,002

Estimates only — includes 5% maintenance reserve and ~3% closing costs in cash invested. Verify taxes, HOA and insurance before making an offer.