295 NW 42nd Street, Miami, FL 33127
Listing Snapshot
| List Price | $1,500,000 |
| Price / Sq Ft | $1,027 |
| Beds | 3 |
| Baths | 3 |
| Living Area | 1,460 sqft |
| Lot Size | 0.25 acres |
| Year Built | 1938 |
| Property Tax | $18,763/yr |
| MLS # | 1191555190 |
| Status | Active |
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
Map
Virtual Tour
View Virtual TourMLS# 1191555190 · BEACH
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Estimate Your Payment
20% down · Loan: $1,200,000
Estimate only. Does not include insurance or PMI. Rate is illustrative — contact us for current rates.