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Single Family Residence
295 NW 42nd St
295 NW 42nd St, Miami FL 33127 Get directions
$1,500,000
3 Beds · 3 Baths · 1,460 SqFt
See estimated monthly costThis listing is courtesy of Compass Florida, LLC. Carl Gambino
Overview
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.
Facts & features
Interior
- Living area (sq ft)
- 1,460
- Full bathrooms
- 3
- Maid/In-Law Quarters
Building & exterior
- Year built
- 1938
- Lot size (sq ft)
- 10,800
- Garden
- Driveway
HOA (homeowners association)
- No Restrictions
Taxes
- Annual tax
- $18,763
- Tax year
- 2025
- Parcel number
- 01-31-24-019-1330
Assigned schools
- Elementary
- Hartner; Eneida
Listing
- MLS number
- A12095610
- Property type
- Single Family Residence
- Price per SqFt
- $1,027
- Subdivision
- COLUMBIA PARK CORR PL
- On market since
- Sep 28, 2026
- Days on market
- 2
Estimated monthly cost
$10,273 per month
- Principal & interest (30 yr)
- $7,585
- Property tax
- $1,564
- Insurance (estimated)
- $1,125
An estimate for comparison only — not a loan offer, a quote, or a commitment to lend. Actual taxes, insurance and financing terms will differ.
Location
Nearby schools
- Ebenezer Christian Academy
- Centner Academy - Preschool
- Step By Step Preparatory School LLC
- Creative Kidz Prepatory Academy LLC
- Metropolitan International School of Miami
- Shadowlawn Elementary
- Sheyes of Miami Daycare III
- Jose De Diego Middle
- Design & Architecture Senior High
- Young Men''s Preparatory Academy Senior High
- Clara Mohammed School Of Miami Florida
- Eneida Massas Hartner Elementary
- Mater International Preparatory
- Mater Academy of International Studies
- Watch Me Grow Learning Center III
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