295 Nw 42nd St, Miami, FL 33127

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

Show Photos

Verify your account to unlock exclusive photos, mortgage tools, and more.

List Price
$1,500,000
MLS#
A12095610
Subdivision
Columbia Park Corr Pl
Status
ACTIVE
Type
Single Family Residential
Bedrooms
3
Full baths
3
Living Area
1,460

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

Days on Market
0
View
Garden
Tax Amount
$18,763
Parcel Number
01-31-24-019-1330
Bedroom Description
Primary Bath Shower
Front Exposure
South
Lot Size
10,800
Parking Restrictions
Driveway
Address
295 Nw 42nd St, Miami
Elementary School
Hartner; Eneida
SqFt Liv Area
1,460
Year Built
1938
Design
Detached, One Story
Development Name
Columbia Park Corr Pl
Style
R30-No Pool/No Water, House
Restrictions
No Restrictions
Construction Type
CBS Construction
Interior Features
Maid/In-Law Quarters
Section
24

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing Courtesy of Compass Florida, LLC, Contact: