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Single Family Residence
$2,000,000
385 NW 42nd St, Miami FL 33127
Listed
3
Bedrooms
5
Bathrooms
— sqft
Interior
2027
Year built
None
HOA
Single Family Residence
Type
About this home
Exceptional new construction opportunity in Buena Vista with construction already underway.This contemporary one-story residence offering 2,218 SF of living space on a 5,966 SF lot, featuring 3 spacious en-suite bedrooms, 3 full baths and 2 half baths. The open-concept kitchen, living and dining areas feature 13-foot ceilings, floor-to-ceiling impact glass doors connecting the interior with the terrace, pool and landscaped backyard with built-in grill. The primary suite includes a walk-in closet, double vanity, soaking tub and glass-enclosed shower. Additional features include: laundry room, built-in closets and parking for up to 3 vehicles. Ideally located 5 minutes from the Miami Design District, Wynwood, Midtown, Brickell, and 15 minutes from Miami Beach and Miami International Airport. A unique opportunity to own a beautifully designed new construction home in one of Miami's most desirable neighborhoods. Estimated delivery date for April 2027.
Features
- First Floor Entry
- Built-in Features
- Closet Cabinetry
- Cooking Island
- Volume Ceilings
- Other
- Built-In Grill
- Lighting
- Pool
Location
Run the numbers
We fill in the price and the building's HOA dues. That leaves tax, insurance and maintenance — they depend on your exemptions, your insurer and the unit, so we don't guess them. Rent starts from what comparable units are asking nearby. Vacancy and the loan terms below start at common defaults; change them.
Median asking rent for 3-bed rentals across Miami-Dade, from 200 active listings; the middle half ask $3,200–$5,000.That is what landlords ask, not what units let for — edit it if you know better.
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 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. We are not a lender and neither offer nor arrange financing. 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.