295 NW 42nd Street, Miami, FL 33127

$1,500,000 · Active

  • 3 beds
  • 3 baths
  • 1,460 sq ft
  • Single Family Residence
  • Built 1938
  • Lot 10,890 sq ft
  • Miami-Dade County
  • MLS# A12095610
  • Columbia Park Corr Pl
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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.

Schools

  • Elementary: Eneida Massas Hartner
  • Middle: Jose De Diego
  • High: Booker T. Washington

Presented by

BreakThru Realty · (786) 914-1017

Courtesy of

Compass Florida, LLC · mlsfl@compass.com · Listing agent: Carl M Gambino

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Schedule a showing

Call or text BreakThru Realty at (786) 914-1017 or email sales@breakthrurealty.com to see 295 NW 42nd Street.

Questions About 295 NW 42nd Street

How much is 295 NW 42nd Street?
295 NW 42nd Street is listed at $1,500,000, which is about $1,027 per square foot. The listing page shows comparable active listings and recent closed sales nearby so you can judge the asking price against what buyers have actually paid.
What are the property taxes on 295 NW 42nd Street?
The listing reports annual property taxes of $18,763 for 2025. Taxes are reassessed at the sale price after a purchase, so a new owner's bill can differ from the current owner's; use the mortgage calculator on this page for an estimate.
When was 295 NW 42nd Street built?
295 NW 42nd Street was built in 1938. Age matters for insurance and financing in Florida: ask about the roof, the electrical panel and, for a condo built before the current code, the building's structural reserve study.
How long has 295 NW 42nd Street been on the market?
295 NW 42nd Street has been listed for 20 days. Days on market and price changes are the first signals of how much room there is to negotiate.
Which schools serve 295 NW 42nd Street?
The MLS lists Eneida Massas Hartner (elementary), Jose De Diego (middle), Booker T. Washington (high). School assignments are set by the district and can change; verify them with the school board before you rely on them.
How do I see 295 NW 42nd Street?
Request a showing from this page or call BreakThru Realty and a licensed agent will arrange a private tour, in person or by video, and answer anything the listing leaves out.

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The 3 bedroom home at 4271 SW 13TH Street, Miami, FL 33134 is comparable and listed for sale at $1,550,000. Another comparable home, 3209 SW 142nd Place, Miami, FL 33175, sold for $1,350,000 in October 2026. Miami neighborhoods include Westwood Lake and Downtown Miami. Nearby ZIP codes include 33125 and 33126. This property also neighbors Brickell, Miami Beach, and Coconut Grove. Compare it with the Miami housing market report.