ActiveSingle Family Residence
295 NW 42nd St, Miami FL 33127
Miami, FL 33127 · MLS #A12095610The residence
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.
At a glance
Property details
- Property type
- Single Family Residence
- Listing type
- For sale
- Status
- Active
- Bedrooms
- 3
- Bathrooms
- 3
- Living area
- 1,460 sq. ft.
- Year built
- 1938
- Lot size
- 10,800 sq. ft.
- Subdivision
- COLUMBIA PARK CORR PL
- County
- Miami-Dade County
- Days on market
- 0
- Original list price
- $1,500,000
- Listing date
- September 28, 2026
- Annual property tax
- $18,763 (2025)
- Listing agent
- Carl Gambino
- Listing office
- Compass Florida, LLC
- MLS number
- A12095610
Neighborhood & location
Explore COLUMBIA PARK CORR PL
Review nearby homes, local services, commute routes, schools, flood information, and community rules as part of your due diligence. Neighborhood information can change and should be verified with the appropriate local authority.
Schools
School information
- School district
- Miami-Dade County Public Schools
Plan your purchase
Mortgage calculator
- Principal & interest
- $7,585
- Property taxes
- $1,564
- Homeowners insurance
- $750
- Estimated total
- $9,898
Estimate only. Taxes, insurance, association fees, PMI, interest rate, and lender terms vary. Confirm the actual payment and closing costs with a licensed mortgage professional. Review Florida mortgage and pre-approval guidance.
Continue your search
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Listing courtesy of Compass Florida, LLC, 305-851-2820.
Data provided by MIAMI Association of REALTORS®. Information is deemed reliable but is not guaranteed accurate by the MLS and should be independently verified. Property availability, price, and details are subject to change without notice.