For saleActiveListed Sep 28, 2026 · 23 days
$1,500,000

295 NW 42nd St, Miami, FL 33127

3 beds3 baths1,460 sq ft$1,027 per sq ftBuilt 1938

As of , this 3 bedroom, 3 bath house is for sale at $1,500,000 ($1,027 per sq ft). It was listed on .

MLS data updated .

Key facts

Type
House
Year built
1938
Property tax
$18,763 (2025)
View
Garden
Waterfront
No
Cooling
Wall Window Units
Heating
Central
MLS number
A12095610

Listing information

Listing courtesy of Compass Florida, LLC, 305-851-2820, mlsfl@compass.com

Listing agent: Carl M Gambino, carl.gambino@compass.com

BeachesMLS. All listings featuring the BMLS logo are provided by BeachesMLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright ©2026 BeachesMLS, Inc.

MIAMI MLS. Listing data from MIAMI MLS (South East Florida Regional MLS). Information is deemed reliable but not guaranteed.

Listing information is provided for consumers' personal, non-commercial use. It may not be used for any purpose other than to identify homes consumers may want to buy or rent.

Listing last changed .

From the listing

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.

The text above is the listing description from the MLS, as written by the listing agent.

The Miami market

As of , the median asking price in Miami is $639,000, or $497 per sq ft, across 8,404 listings for sale. The median listing for sale there has been on the market for 91 days.

Price and status history

Listing date
Days on market
23
Original list price
$1,500,000
Price changes
0
DateEventPrice
Listed$1,500,000

From the MLS. RealVista does not show sold prices.

Similar homes nearby

All homes in Miami