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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.
Property Details
Price: $1,500,000
Sq Ft: 1,460
($1,027 per
sqft)
Bedrooms: 3
Bathrooms: 3
City: Miami
County: Miami-Dade
Type: Single Family
Development: Columbia Park Corr Pl
Acres: 0.2500
Virtual Tour/Floorplan:
View
Year Built: 1938
Listing Number: A12095610
Status Code: A-Active
Taxes: $18,763.00
Tax Year: 2025
Garage:
Financial Information:
Taxes: $18,763.00
Tax Year: 2025
Exterior Features:
Patio
Equipment:
Dishwasher
View:
Garden
School Information:
Elementary School: Eneida Massas Hartner
Middle School: Jose De Diego
Junior High: Jose De Diego
High School: Booker T. Washington
Additional Information:
MLS Area: 2310
Total Square Footage: 1,460
Price per Square Feet: $1,027.39
Total Rooms: 1
Total Floors: 1
Water: Public
Construction: Cbs
Date Listed: 2026-09-28 00:00:00
Parking: Driveway
Flooring: Tile, Wood
Roof: Shingle
Heating: Central
Cooling: Wall/Window Unit(S)
Restrictions: No Restrictions
Sewer: Public Sewer
Parcel ID: 0131240191330
Map of 295 Nw 42Nd St, Miami, FL 33127
Listing Courtesy Of: Compass Florida, Llc
carl.gambino@compass.com