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229 NW 42nd St, Miami FL 33127
About this home
Located just a few blocks from the Miami Design District, this new construction modern residence with 5 bedrooms, 5 full bathrooms and 3,690 total SqFt. The home's large pivot door leads into a bright, open interior featuring soaring 13 feet with expansive windows overlooking the pool. High-end finishes include white oak flooring, Hansgrohe fixtures, impact windows and doors, sleek floor to ceiling cabinetry, and premium Sub-Zero/Wolf appliances. Designed for indoor-outdoor living with heated pool, covered terrace, and fully equipped outdoor kitchen with refrigerator. Additional highlights include a 1.5 car garage with storage space, elevated lot over 14 feet above sea level, and a prime location near Wynwood, Midtown, and Miami's top beaches (not in a flood zone). Home next door(215) also available, presenting a rare opportunity for side by side ownership.
Features
- First Floor Entry
- Cooking Island
- Walk-In Closet(s)
- Storage
- Barbeque
- Built-In Grill
- Open Balcony
- None
Location
Approximate — shows the building, not the unit. Open in maps (opens in a new tab)
Estimated loan & HOA
Loan payment and HOA only. Property tax and insurance are significant here and are not included.
- Principal & interest
- $13,602
- HOA
- None
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.
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.
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.