Single Family Residence

295 NW 42nd St

Miami, FL 33127

$1,500,000

Beds: 3
Baths: 3
Sq ft: 1,460
Year built: 1938
Price per sq ft: $1,027

Listing courtesy of Carl Gambino, Compass Florida, LLC

About this home

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.

Details

Property

Type: Single Family Residence
Style: Detached, One Story
Building: R30-No Pool/No Water
Year built: 1938
Lot size: 10,800 sq ft
Building name: COLUMBIA PARK CORR PL
Subdivision: COLUMBIA PARK CORR PL
County: Miami-Dade County
Faces: South
View: Garden
Flood zone: X

Interior

Appliances: Dishwasher
Flooring: Tile, Wood
Cooling: Wall/Window Unit(s)
Heating: Central
Features: Maid/In-Law Quarters

Exterior and parking

Patio and porch: Patio
Parking: Driveway
Construction: CBS Construction
Roof: Shingle

Community and fees

Annual taxes: $18,763
Terms: All Cash, Conventional

Neighborhood

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The data relating to real estate for sale or lease on this website comes in part from the Internet Data Exchange (IDX) program of MIAMI REALTORS® MLS. Listings are provided by participating brokers.

Information is deemed reliable but is not guaranteed and should be independently verified. It is subject to change and is provided for consumers’ personal, non-commercial use only, to identify properties they may be interested in. Listing last updated September 28, 2026.