ActiveMLS# 11915516621 day on market
$1,500,000
$1,027 / sq ft
295 NW 42nd St
Miami, FL, 33127
3Bedrooms
3Bathrooms
1,460Sq Ft
1938Year Built
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About This Property

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.

Key Features

  • 10,800 SquareFeet Lot
  • Built in 1938

Property Details

  • Type: Single Family Home
  • Year Built: 1938
  • Lot Size: 10,800 sq ft
  • Sq Ft: 1,460
  • Price / Sq Ft: $1,027
  • HOA: Contact Agent
  • Bedrooms: 3
  • Bathrooms: 3
  • Feature: 10,800 SquareFeet Lot
  • Feature: Built in 1938
  • Status: Active
  • MLS Number: 1191551662
  • Days on Market: 1
  • Listed By: Compass Florida, LLC · Carl Gambino
  • Zip Code: 33127
Listing information © 2026 Miami MLS. Information deemed reliable but not guaranteed. This listing is represented by TruDeals Realty at 0.5% seller commission. Buyer's agent commission is separate and negotiable.
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$1,500,000295 NW 42nd St, Miami, FL
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