295 NW 42nd Street, Miami, FL 33127
- $1,500,000
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.
Address
Open on Google Maps- Address: 295 NW 42nd Street
- City: Miami
- State/County: FL
- Zip/Postal Code: 33127
Details
Updated on September 29, 2026 at 3:08 pm- MLS # A12095610
- Price $1,500,000
- Property Size 1460 sqft
- Land Area 0.25 sqft
- Bedrooms 3
- Bathrooms 3
- Garage Size x x
- Year Built 1938
- Property Status Active
- Office Name Compass Florida, LLC
- Agent Name Carl M Gambino
Additional Details
- Listing Terms Cash, Conventional
- Roof Shingle
- Sewer Public Sewer
- Cooling Wall/Window Unit(s)
- Heating Central
- Flooring Tile, Wood
- County Miami-Dade
- Property Type Residential
- Parking Driveway
- Elementary School Eneida Massas Hartner
- Middle School Jose De Diego
- High School Booker T. Washington
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