1501 NW 42nd St Miami, FL 33142
Liberty City NeighborhoodEstimated payment $3,703/month
Total Views
401
4
Beds
3
Baths
1,458
Sq Ft
$377
Price per Sq Ft
Highlights
- Very Popular Property
- Porch
- Central Heating and Cooling System
- No HOA
- 1-Story Property
- 1 Car Garage
About This Home
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.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $7,742
Year Built
- Built in 1940
Lot Details
- 5,000 Sq Ft Lot
- South Facing Home
- Property is zoned 5700
Parking
- 1 Car Garage
- On-Street Parking
- Open Parking
Home Design
- Shingle Roof
Interior Spaces
- 1,458 Sq Ft Home
- 1-Story Property
- Microwave
Bedrooms and Bathrooms
- 4 Bedrooms
- 3 Full Bathrooms
Additional Features
- Porch
- Central Heating and Cooling System
Community Details
- No Home Owners Association
- North Miami Estates Subdivision
Listing and Financial Details
- Assessor Parcel Number 01-31-23-037-2130
Map
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Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $6,683 | $367,469 | $210,018 | $157,451 |
| 2023 | $6,683 | $288,864 | $0 | $0 |
| 2022 | $6,088 | $258,453 | $0 | $0 |
| 2021 | $5,388 | $234,958 | $0 | $0 |
| 2020 | $4,929 | $213,599 | $84,731 | $128,868 |
| 2019 | $2,420 | $156,105 | $65,178 | $90,927 |
| 2018 | $2,089 | $129,009 | $42,600 | $86,409 |
| 2017 | $1,708 | $53,782 | $0 | $0 |
| 2016 | $1,592 | $48,893 | $0 | $0 |
| 2015 | $1,414 | $44,449 | $0 | $0 |
| 2014 | $1,321 | $40,409 | $0 | $0 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/23/2025 04/23/25 | For Sale | $549,000 | +26.2% | $377 / Sq Ft |
| 02/24/2023 02/24/23 | Sold | $435,000 | 0.0% | $298 / Sq Ft |
| 01/13/2023 01/13/23 | For Sale | $435,000 | 0.0% | $298 / Sq Ft |
| 12/27/2022 12/27/22 | Pending | -- | -- | -- |
| 12/14/2022 12/14/22 | For Sale | $435,000 | +61.1% | $298 / Sq Ft |
| 12/17/2019 12/17/19 | Sold | $270,000 | -3.2% | $185 / Sq Ft |
| 11/14/2019 11/14/19 | Pending | -- | -- | -- |
| 10/17/2019 10/17/19 | For Sale | $279,000 | -- | $191 / Sq Ft |
Source: MIAMI REALTORS® MLS
Deed History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $435,000 | One Conquest Title | |
| Warranty Deed | $270,000 | One Conquest T&E Llc | |
| Interfamily Deed Transfer | -- | Attorney | |
| Special Warranty Deed | $54,900 | Landsafe Title | |
| Trustee Deed | -- | None Available | |
| Warranty Deed | $189,000 | Windsor Title Services Inc | |
| Warranty Deed | $75,000 | -- | |
| Quit Claim Deed | -- | -- | |
| Warranty Deed | $69,000 | Dolphin Title Of S Fl Inc | |
| Quit Claim Deed | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $348,000 | New Conventional | |
| Previous Owner | $303,000 | New Conventional | |
| Previous Owner | $212,000 | New Conventional | |
| Previous Owner | $128,000 | Stand Alone Refi Refinance Of Original Loan | |
| Previous Owner | $151,200 | Unknown |
Source: Public Records
Similar Homes in the area
Source: MIAMI REALTORS® MLS
MLS Number: A11789412
APN: 01-3123-037-2130
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