295 NW 42nd St
Single Family Home
295 NW 42nd St
$1,500,000
295 NW 42nd St, Miami, FL, 33127

Single Family Home
295 NW 42nd St
$1,500,000
295 NW 42nd St, Miami, FL, 33127

Take a closer look
HOA: request current costs · Last reported tax: $18,763/yr
Estimate monthly payment, including HOA and taxes
Monthly Payment
$10,289/mo
$300,000 down
Principal & interest is exact for these inputs. Tax and HOA come from the listing; rate, insurance are editable estimates. Not a loan offer.
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.
Property Details
- Property Type
- Residential
- Subtype
- Single Family Residence
- Year Built
- 1938
- Status
- Active
- MLS #
- A12095610
- Living Area
- 1,460 sq ft
- $/Sq Ft (Living)
- $1,027
- Lot Size
- 10,800 sq ft
- $/Sq Ft (Lot)
- $139
- Annual Taxes
- $18,763
- Property Type
- Residential
- Subtype
- Single Family Residence
- Year Built
- 1938
- Status
- Active
- MLS #
- A12095610
- Living Area
- 1,460 sq ft
- $/Sq Ft (Living)
- $1,027
- Lot Size
- 10,800 sq ft
- $/Sq Ft (Lot)
- $139
- Annual Taxes
- $18,763
Notable Features
Location Scores
Location
295 NW 42nd St, Miami, FL, 33127