$1,500,000

For sale

295 NW 42nd St, Miami FL 33127

3 beds3 baths1,460 sq ftBuilt 1938MLS# A12095610

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About this property

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.

Property details

Property type
Single family
Year built
1938
Living area
1,460 sq ft
Price per sq ft
$1,027
Property taxes
$18,763/yr
Building / community
Columbia Park Corr Pl
Status
For sale
MLS #
A12095610

Listing courtesy of Compass Florida, LLC.

Location

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