Live Listing

295 NW 42nd Street

Miami, FL 33127 COLUMBIA PARK CORR PL

List Price $1,500,000
PROPERTY DESCRIPTION

Property Description

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 Details

Listing Information

MLS ID
A12095610
Listing Status
Active
Property Type
Single Family Residence
Bedrooms
3
Bathrooms
3
Living Area
1,460 sq ft
Lot Size
10,800 sq ft
Year Built
1938
Community
COLUMBIA PARK CORR PL
County
Miami-Dade

Property Features

Appliances
Dishwasher
Cooling
Wall/Window Unit(s)
Heating
Central
Parking
Driveway
Waterfront
False
View
Garden
Property Tax
$18,763 (2025)
Evelyn Yang South Florida Real Estate
Evelyn Yang 561.972.3158
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