FL Real Estate & Homes • (561) 835-5400Mortgage • Title • List & Sell for 1% • Get Home Value
$1,500,000Active

295 NW 42nd Street, Miami, FL 33127

Miami, FL 33127
3
Beds
3
Baths
1,460
Sq Ft
$1,027
$/Sq Ft
1938
Year Built
0.25 acres
Lot Size

Listing Snapshot

List Price$1,500,000
Price / Sq Ft$1,027
Beds3
Baths3
Living Area1,460 sqft
Lot Size0.25 acres
Year Built1938
Property Tax$18,763/yr
MLS #1191555190
StatusActive

About This Home

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.

General Features

Property Type
Residential
Sub-type
SingleFamilyResidence
Stories
1
Direction Faces
South
Parking
Driveway
Zoning
0104
Subdivision
COLUMBIA PARK CORR PL

Interior Features

Appliances
Dishwasher
Flooring
Tile,Wood
Heating
Central
Cooling
WallWindowUnits
Interior Features
DualSinks,SeparateShower

Exterior Features

Construction
Block
Exterior Features
OutdoorLivingArea
Roof
Shingle
Patio / Porch
Patio
Pool
No
View
Garden
Waterfront
No

Community Features

Association Amenities
None
MLS Area
2310

Schools

ElementaryEneida Massas Hartner
MiddleJose De Diego
HighBooker T. Washington

Map

Virtual Tour

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Listed by Carl Gambino · Compass Florida, LLC
MLS# 1191555190 · BEACH
Information deemed reliable but not guaranteed. © 2026 BEACH.

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Estimate Your Payment

$

20% down · Loan: $1,200,000

%
Est. Monthly$9,750
Principal & Interest$8,186
Property Tax$1,564

Estimate only. Does not include insurance or PMI. Rate is illustrative — contact us for current rates.

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