$1,500,000
295 NW 42nd St, Miami FL 33127
3 beds · 3 baths · 1,460 sq ft · Single Family Residence · Active
MLS# A12095610 · Listing courtesy of Compass Florida, LLC
Facts
- Bedrooms
- 3
- Bathrooms
- 3
- Living area
- 1,460 sq ft
- Price per sq ft
- $1,027
- Lot
- 10,800 sq ft
- Type
- Single Family Residence
- Year built
- 1938
- Exposure
- South
- View
- Garden
- Taxes
- $18,763 (2025)
- Listed
- Sep 28, 2026
About this residence
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.
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Location
295 NW 42nd St, Miami FL 33127Open in Google Maps
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Listing data last updated 10/23/2026, 2:00:57 PM ET.