295 NW 42nd St, Miami, FL 33127

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.

Property Details

Bathrooms Full

3

Bathrooms Half

0

Interior Features

Maid/In-Law Quarters

Appliances

Dishwasher

Flooring

Tile, Wood

Heating

Central

Cooling

Wall/Window Unit(s)

Architectural Style

Detached, One Story

Garage Spaces

0

Parking Features

Driveway

Building & Association

Building Name

COLUMBIA PARK CORR PL

Association

No

Lot & Construction

Lot Features

Less Than 1/4 Acre Lot

Lot Size Square Feet

10,800

Waterfront

No

View

Garden

Construction Materials

CBS Construction

Roof

Shingle

New Construction

No

Public Records

Parcel Number

01-31-24-019-1330

Tax Annual Amount

$18,763

Tax Year

2,025

Zoning

0104

County Or Parish

Miami-Dade County

Location