4242 NW 2nd St 1001, Miami, FL 33126 — MLS photo

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4242 NW 2nd St 1001, Miami, FL 33126

Active · Condominium

$420,000

4242 NW 2nd St 1001, Miami, FL 33126

Beds
2
Baths
2
Living area
1,009 sq ft
$ / sq ft
$416/sq ft
Year built
2006
Lot size
—
HOA fee
$604
Annual tax
—

About this property

Beautiful 2-bedroom, 2-bath corner unit offering comfort, convenience, and an exceptional lifestyle in the heart of Miami. This bright and spacious residence features an open layout, abundant natural light, and an in-unit washer and dryer for added convenience. Enjoy resort-style living with outstanding amenities, excellent security, and the rare benefit of two assigned parking spaces. Ideally located near popular coffee shops, restaurants, retail stores, and everyday conveniences. Just minutes from Downtown Miami, Coral Gables, Coconut Grove, Wynwood, the Design District, and Miami International Airport, with easy access to major highways, entertainment, shopping, and cultural attractions. A fantastic opportunity to enjoy the best of Miami living in a highly desirable location.

Property location

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4242 NW 2nd St 1001, Miami, FL 33126

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Facts & features

Interior

Bedrooms
2
Bathrooms
2
Living area
1,009 sq ft

Exterior & Structure

Property type
Condominium
Year built
2006

Parking

Not provided in the MLS listing.

HOA, Community & Financials

Association fee
$604
County
Miami-Dade
MLS listing ID
A12032493
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

-$831

Cap rate
3.3%
Net yield
3.3%
Cash-on-cash return
-8.5%
Gross yield
8.5%
Mortgage payment
$1,991/mo
Down payment
$105,000
Loan amount
$315,000
Annual NOI
$13,919

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