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295 NW 42nd St, Miami, Florida 33127

Active For Sale
$1,500,000
  • Beds 3
  • Baths 3
  • Sq Ft 1,460 Sqft
  • Visits: 2 in 4 days

Description

A rare 10,800-square-foot double corner lot opportunity in a prime Miami location, offering both rental income and future redevelopment potential. The fully renovated 3-bedroom, 3-bath residence features an in-law suite, impact windows and doors, and lush, fenced grounds, providing a turnkey opportunity to generate income today. The property’s substantial lot size and two-lot configuration also offer the potential to redevelop into two single-family homes under T3-L zoning, subject to applicable approvals. Ideally located just three minutes from the Miami Design District and approximately five minutes from Wynwood and Midtown, the property offers convenient access to some of Miami’s premier dining, shopping, and entertainment. Recent nearby sales further underscore the area’s land and redevelopment activity. A compelling opportunity for an investor, end user, or developer seeking immediate utility with longer-term redevelopment potential.

Features

  • Swimming Pool: No
  • Heating System: Central
  • Cooling System: Wall/Window Unit(s)
  • Fireplace: Decorative
  • Patio: Patio
  • Parking: Driveway

Appliances

  • Appliances: Dishwasher

Address Map

  • Country: US
  • State: FL
  • County: Miami-Dade
  • City: Miami
  • Subdivision: COLUMBIA PARK CORR PL
  • Zipcode: 33127
  • Street: 42nd St
  • Street Number: 295
  • Floor Number: 0
  • Longitude: W81° 47' 54.9''
  • Latitude: N25° 48' 53.7''
  • Street Dir Prefix: NW
  • MLS Area: 31

MLS Addon

  • Architectural Style: Detached, One Story
  • Association Fee: $0
  • Association Fee Frequency: Monthly
  • Carport Spaces:
  • Close Date:
  • Close Price: $0
  • Elementary School: Hartner; Eneida
  • Exterior Features: Patio
  • Fireplaces Total: 0
  • Flooring: Tile, Wood, Hardwood
  • Garage Spaces: 0
  • Insurance Expense: $0
  • Interior Features: Dual Sinks, Fireplace
  • Lot Features: < 1/4 Acre
  • New Taxes Expense: $0
  • Stories: 1
  • Stories Total: 0
  • Tax Annual Amount: $18,763

Location

Listing Updated: 2026-09-30 11:26:58

  • Property Type : Single Family
  • Property Sub Type : Single Family Residence
  • Listing Type : For Sale
  • Listing ID : A12095610
  • Price : $1,500,000
  • View : Garden
  • Bedrooms : 3
  • Bathrooms : 3
  • Full Bathrooms : 3
  • Half Bathrooms : 0
  • Square Footage : 1,460 Sqft
  • Year Built : 1938
  • Lot Area : 0 Acre
  • Listing Status : Active
  • Days On Market : 3
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