295 NW 42nd St, Miami, FL, 33127
295 NW 42nd St, Miami, FL, 33127 - Image 2295 NW 42nd St, Miami, FL, 33127 - Image 3295 NW 42nd St, Miami, FL, 33127 - Image 4295 NW 42nd St, Miami, FL, 33127 - Image 5

295 NW 42nd St, Miami, FL, 33127

3 bedrooms · 3 baths · 1,460 sq.ft.

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.

Information

Property typeSingle Family
Size1,460 sq.ft.
Plot size10,800 sqft
Year built1938
Stories1
Price per sq.ft.USD 1,027
Last sold2022-10-13
Last sold priceUSD 765,000
CountyMiami-Dade
ZIP code33127
LocationMiami, United States

USD 1,500,000

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Where it's located

Miami, United States

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