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Condominium at 4242 NW 2nd St # 1001, Miami FL 33126Active
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Condominium
$420,000$416 / sqft

4242 NW 2nd St # 1001, Miami FL 33126

2
Bedrooms
2
Bathrooms
1,009 sqft
Interior
2006
Year built
$604 / mo
HOA
Condominium
Type

About this home

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.

Features

  • Elevator
  • Other
  • Other View

Location

Approximate — shows the building, not the unit. Open in maps (opens in a new tab)

Estimated loan & HOA

$2,728

Loan payment and HOA only. Property tax and insurance are significant here and are not included.

Principal & interest
$2,124
HOA
$604 / mo

Illustration only — not a loan offer, quote, or commitment. Assumes a 30-year loan at 6.5% with 20% down (rates as of July 2026); your actual terms will differ.

Schedule a tour

Request a private or video tour with a local agent.

Courtesy of
The Elaine Group, Inc.

Run the numbers

We fill in the price and the building's HOA dues. That leaves rent, tax, insurance and maintenance — they depend on your exemptions, your insurer and the unit, so we don't guess them. Vacancy and the loan terms below start at common defaults; change them.

Our default, not a market figure
From the listing
Depends on assessed value & exemptions
Varies widely by building
Repairs, turnover, management

Cap rate
Cash-on-cash
Monthly cash flow
Net operating income

Enter rent, property tax, insurance, maintenance to see the returns. A cap rate calculated without every cost overstates the deal — often by half — so we don't show a partial one.

Illustration only — not a loan offer, quote, or investment advice. The loan fields start at 20% down over 30 years at 6.5% (rates as of July 2026); that is a nominal rate for illustration, not an APR, and your actual terms will differ. Cap rate is unlevered; cash-on-cash counts the down payment as invested capital and excludes closing costs.

Listing data from the MIAMI Association of REALTORS® (MIAMIRE) IDX program. Information deemed reliable but not guaranteed. Demo data shown for layout purposes.