295 NW 42nd Street, Miami, FL 33127

$1,500,000

Virtual Tour

https://www.propertypanorama.com/instaview/mia/A12095610

Property Type: Residential Bedrooms: 3 Baths: 3 Square Footage: 1,460 Status: Active

Current Price: $1,500,000 List Date: 9/28/2026 Last Modified: 10/30/2026

Overview

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.

Listing Details MLS# A12095610

General Property Information

Property Sub Type: Single Family Residence
Bedrooms Total: 3
Bathrooms Total: 3
Bathrooms Full: 3
Building Area Main: 1460
Living Area Main: 1460
Adjusted Area Main: 1447
Year Built: 1938
Lot Size Area: 10800
Lot Size Acres: 0.25
Senior Community YN: No
Outdoor Living Spaces YN: Yes
Stories Total: Yes
Direction Faces: South
Pool Private YN: No

Property Features

Fireplace Features: Decorative Flooring: Tile; Wood Parking Features: Driveway Appliances: Dishwasher Construction Materials: CBS Cooling: Wall/Window Unit(s) Heating: Central Levels: One Listing Terms: Cash; Conventional Possession: Close Of Escrow Restrictions: No Restrictions Roof: Shingle Sewer: Public Sewer Special Information: Sold As-Is Tax Information: City/County View: Garden Water Source: Public Showing Requirements: 24 Hour Notice; Call Listing Agent Outdoor Living Spaces: Patio Room Types: Maid/In-Law Quarters

Contract Information

Comp Sale YN: No
Original List Price: 1500000
Occupant Type: Call Listing Agent

Location and Legal

Country: United States
County Or Parish: Miami-Dade
County Parish Name: Miami-Dade
Street Number: 295
Street Direction Prefix: NW
Street Name: 42nd
Street Suffix: Street
City Name: Miami
Municipal Code: Yes
State Or Province: FL
Postal Code: 33127
Postal Code +4: 2835
Postal Zip: 33127
Subdivision Name: COLUMBIA PARK CORR PL
Area: 2310
Elementary School: Eneida Massas Hartner
Middle Or Junior School: Jose De Diego
High School: Booker T. Washington
Parcel Number: 0131240191330
Subdivision Number: 19
Zoning: 0104
Flood Zone: X

Financial Information

Membership Fee Required YN: No
Tax Annual Amount: 18763
Tax Year: 2025
Tax Legal Description: COLUMBIA PARK CORR PL PB 8-114 LOTS 13 & 14 BLK 7 LOT SIZE 100.000 X 108 OR 20845-1046 10 2002 3 COC 25319-0101 01 2007 1

Status Change Information

Major Change Timestamp: 2026-09-28T04:00:00Z
Major Change Type: New Listing
Status Change Date: 2026-09-28

More Information

Price Calculations

Current Price To SqFt: 1027.39

Section Details

Parcel Number MLX: 1330

Originating Details

Originating System Key: 564740649
Originating System ID: M00000151

Room Information

Room Name
Maid/In-Law Quarters

Listing Office: Compass Florida, LLC

Last Updated: October - 30 - 2026

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295 NW 42nd Street, Miami, FL 33127 (MLS# A12095610)