295 NW 42nd Street, Miami, FL 33127

$1,500,000
3
BD
3
BA
1,460
SqFt

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List Price
$1,500,000
Days on Market
1
MLS#
A12095610
Bedrooms
3
Full Bathrooms
3
Sq. Ft
1,460
Subtype
Single Family Residence
County
Miami-Dade
Subdivision
Columbia Park Corr Pl
Year Built
1938

Property 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.

Additional Information

Construction
Block
Cooling
Wall/Window Unit(s)
Flooring
Tile, Wood
Heating
Central
Restrict
NoRestrictions
Roof
Shingle
Taxes
$18,763
View
Garden
Amenities
None
Stories
1
Acres
0.25
Price Per Sqft
$1,027
Elementary School
Eneida Massas Hartner
Middle School
Jose De Diego
High School
Booker T. Washington

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Listing courtesy of Compass Florida, LLC. Contact:

All listings featuring the BMLS logo are provided by Beaches MLS Inc. Copyright 2026 Beaches MLS. This information is not verified for authenticity or accuracy and is not guaranteed. © 2026 Beaches Multiple Listing Service, Inc. All rights reserved.


Agent: Carl M Gambino | Email: carl.gambino@compass.com