Backup offersTour
$5,926 Closing Credit¹
#A11758552, Claribel Reyes Argueta, Listing Office: United Realty Group Inc
$549,000 List price
1501 NW 42nd St Miami, FL 33142
$6,519
Closing credit¹
4 beds
3 full
1,458 sqft
$377 / sqft
House
Property details
About 1501 NW 42nd St
Investor Opportunity! Spacious 4-bedroom, 3-bathroom home currently configured as a multi-unit rental property generating strong cash flow. The property consists of three separate units: a 2 bed / 1 bath rented for $2,300, a 1 bed / 1 bath rented for $1,300, and a studio unit (0 bed / 1 bath) rented for $1,000 — for a total monthly income of $4,600. Great potential for long-term investment or future redevelopment. Centrally located in Miami with easy access to major highways, shopping, and dining.
Highlights
Home typeSingle Family Residence
HeatingCentral
StatusActive
CoolingCentral Air
Size1,458 sqft
Year built1940
ParkingOn Street
MLS #A11789412
Garage1 space
Virtual tour
Summary
- Full Bathrooms: 3
- Appliances: Microwave, Refrigerator
- Flooring Type: Other
- Interior: Bedroom on Main Level, First Floor Entry
- Total Bedroom Count: 4
- Garage Space: 1 space
- Parking: On Street
- Exterior: Porch
- Architectural Style: Detached, One Story
- Heating: Central
- Cooling: Central Air
- List Price: $549,000
- Price/SqFt: $376
- Annual Tax Amount: $6,682
- Tax Year: 2023
- Lot: Rectangular Lot
- Year Built: 1940
- Stories: 1
- Living Area: 1,458 SqFt
- MLS Number: A11789412
- MLS Name: SEFMIAMI
- Office Name: Fortune Christie's International Real Estate
- Office Phone: (305) 400-6393
- Office Email: Rpalma@FortuneIntlGroup.com
- Listing Agent: Christopher Garcia
© 2025 Miami Association of REALTORS®. All rights reserved. The data relating to real estate on this web site comes in part from the Internet Data Exchange program of the MLS of the Miami Association of REALTORS®. All information is deemed reliable but not guaranteed by the MLS and should be independently verified. The MLS, this broker and their affiliates provide all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This property is offered without respect to any protected classes in accordance with the law.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/30/2025, 4:20:51 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$549,000
1501 NW 42nd St
$6,519
closing credit¹
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Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2023 | $343,310 | $6,682 |
| 2022 | $307,241 | $6,087 |
| 2021 | $237,294 | $6,087 |
| 2020 | $213,599 | $5,388 |
| 2018 | $59,160 | $2,089 |
| 2017 | $80,700 | $1,707 |
History based on county public records data.
Nearby schools
2
Lenora Braynon Smith Elementary School
Public District PK-5
0.4 mi
•4700 NW 12th Ave
5
Kelsey L. Pharr Elementary School
Public District PK-5
0.5 mi
•2000 NW 46th St
4
Maya Angelou Elementary School
Public District PK-5
0.7 mi
•1850 NW 32nd St
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $25,455. Typical income of Miami, FL residents is less than $<35k annually. Most families are single, no kids. The majority of residents in this area have high school diploma education.
How much money do the neighbors make?
57%
<35k
40%
35k-100k
2%
100k-200k
1%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
What types of families live nearby?
47%
Single, No Kids
26%
Single, with Kids
12%
Married, No Kids
15%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
14%
<11 yrs old
8%
12-17 yrs old
25%
18-34 yrs old
40%
35-64 yrs old
13%
65+ yrs old
What do the neighbors do for fun?
Pro Boxing
Mexican League Soccer
Major League Soccer (MLS)
Where do the neighbors shop?
Burlington
Foot Locker
Ross Dress For Less
Where do the neighbors go to eat?
White Castle
Little Caesars
Jack In The Box
What do the neighbors drive?
Kia
Dodge
Nissan
What do the neighbors listen to?
Urban Adult Contemporary
Rhythmic Contemporary Hits
All data provided by Home Junction and Claritas
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Frequently asked questions
About 1501 NW 42nd St
The listing price of 1501 NW 42nd St property is $549,000.
The property 1501 NW 42nd St is a house located in Miami, Florida, 33142.
Active Listing: 1501 NW 42nd St is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 1501 NW 42nd St are: Lenora Braynon Smith Elementary School (GreatSchools Rating 2/10), Kelsey L. Pharr Elementary School (GreatSchools Rating 5/10), Maya Angelou Elementary School (GreatSchools Rating 4/10), Georgia Jones-Ayers Middle School (GreatSchools Rating 3/10), Brownsville Middle School (GreatSchools Rating 3/10), Mater Academy Middle School of International Studies (GreatSchools Rating 5/10), Miami Jackson Senior High School (GreatSchools Rating 3/10), Young Men's Preparatory Academy (GreatSchools Rating 6/10), Secondary Student Success Center 802 (GreatSchools Rating 2/10).
According to the records, the last property tax for 2023 is $6,682 (source: MLS/based on county public records data).
The property at 1501 NW 42nd St has 4 bedrooms and 3 bathrooms.
The property 1501 NW 42nd St is 1,458 SqFt (source: MLS/tax record).
The year of construction for 1501 NW 42nd St is 1940.
This home is located at 1501 NW 42nd St in Miami, FL and zip code 33142 in the Liberty City East neighborhood. This 1,458 square foot home was built in 1940. Features: 4 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since April 25, 2025 and is currently priced at $549,000.
In March 2025 more than 62 listings in Miami, FL were sold above the asking price. During the same period more than 142 listings were sold at asking price, while more than 573 were sold below. Between February and March 2025, Miami, FL real estate market has seen increase in the number of listings by 13.7%. In March 2025, listings were on the market for 70 days. During the same period, the median list price in this real estate market was $580,300.
From Rocket Homes Real Estate and based on county public records data.