Modern Twin Home
1355-1357 NW 42nd STREET Miami, FL 33142
For Sale
Contact for pricing
Brand-new 2025 twin homes each offer 3 bedrooms, 2.5 baths, and a 1-car garage with an open-concept layout.
Property Size3,530 SF
Price / SF$344.19
Days on Market177
Property Features for 1355-1357 NW 42nd STREET
General Information
- Standard status
- Active
- Size
- 3,530 SF
- Property subtype
- Multifamily
Building Details
- Year Built
- 2025
Listing Agency:
United Real Estate Miami
Listed By:
Manuel Fuentes · License #3473451
Source:
Crexi
Added: Jan 28
Changed: Jul 20
Last Checked: Jul 23 at 2:50PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of United Real Estate Miami
Investment Insights
Based on property information with market context.
This listing offers brand-new 2025 modern twin home residences in a duplex configuration. Each unit provides an open-concept layout with natural light, three bedrooms, and 2.5 bathrooms, along with a 1-car garage. Interior finishes include Italian porcelain flooring, a European-style kitchen with quartz countertops and stainless steel appliances, impact glass, and vinyl waterproof flooring upstairs. The spacious master suite includes a large walk-in closet and an elegant bathroom. Both residences also feature a large private backyard suited for outdoor entertaining.
The property is located in Miami, with public remarks noting that it is minutes from Wynwood, Midtown, the Design District, and Brickell, offering convenient access to multiple areas of the city.
Built with quality and style, these twin homes combine indoor living space with private outdoor areas and are described as suitable for short-term rental opportunities based on the listing’s stated intent.
The property is located in Miami, with public remarks noting that it is minutes from Wynwood, Midtown, the Design District, and Brickell, offering convenient access to multiple areas of the city.
Built with quality and style, these twin homes combine indoor living space with private outdoor areas and are described as suitable for short-term rental opportunities based on the listing’s stated intent.
Key Highlights
- Newly built 2025 modern twin homes with 3 bedrooms and 2.5 baths each
- Each home includes a 1‑car garage and an open‑concept layout with natural light
- European‑style kitchen with quartz countertops and stainless steel appliances
Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $108.0k | $30.60 |
| − Vacancy | −$6.9k | −$1.95 |
| EGI | $101.1k | $28.65 |
| − OpEx | −$30.3k | −$8.60 |
| NOI | $70.8k | $20.06 |
3,530 SF · lease $30.60/SF/yr · vacancy 6.37% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$1.01M
$885.0K – $1.18M
NOI $70,796 @ 7.0% cap · market cap 5.83%
Second Best
Apartment 5plus
$931.6K
$815.1K – $1.09M
NOI $65,211 @ 7.0% cap · market cap 5.37%
Theoretical Best
Specialty Retail
$2.38M
$2.08M – $2.78M
NOI $166,794 @ 7.0% cap · market cap 13.73%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Duplexes
FAQs
What type of property is this?
Duplex - Brand-new 2025 twin homes each offer 3 bedrooms, 2.5 baths, and a 1-car garage with an open-concept layout.
Where is this duplex located?
The property is located at 1355-1357 NW 42nd STREET Miami, FL.
What is the asking price?
The asking price for this property is $1,215,000.
What are key features of this property?
This property features: Newly built 2025 modern twin homes with 3 bedrooms and 2.5 baths each; Each home includes a 1‑car garage and an open‑concept layout with natural light; European‑style kitchen with quartz countertops and stainless steel appliances
