241 NW 34th Ter, Miami, FL 33127
241 NW 34th Ter, Miami, FL 33127
241 NW 34th Ter, Miami, FL 33127
80
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$1,040,000
Est. payment /mo
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1,576 SqFt
Price Dropped by $100K

241 NW 34th Ter Miami, FL 33127

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Sammy Hernandez

Sammy Hernandez

+1(786) 203-8671

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Square Footage 1,576 sqft

Price per Sqft $659

Subdivision Wynd Wood Park

MLS Listing ID A11711586

HOA Y/N No

Year Built 1939

Annual Tax Amount $17,639

Tax Year 2023

Property Sub-Type Duplex

Property Description

Approved Short Sale. Fully Remodeled & Income-Producing Duplex in Wynwood with 13 units potential. Rare opportunity to acquire a fully remodeled, income-producing duplex in the heart of Wynwood with exceptional redevelopment potential. Currently 100% leased, this property provides immediate cash flow while offering significant future upside for investors and developers.

Zoned T4 with the NRD-2 Overlay, the property allows for the development of up to 13 residential units, making it an ideal opportunity to capitalize on one of Miami's most dynamic and rapidly growing neighborhoods. An added advantage is the ability to develop without on-site parking requirements through contribution to the applicable parking fund, maximizing the site's development potential and design flexibility.

Located near Wynwood, Midtown Miami, the Design District, Downtown Miami,and major transportation corridors, this property combines current income with long-term development value.

Property Highlights: Approved Short Sale, Fully remodeled duplex, Fully rented with immediate income, T4 Zoning with NRD-2 Overlay, Development potential for up to 13 residential units, No on-site parking requirement with contribution to applicable parking fund, Prime Wynwood location, Minutes from Midtown, Design District, Downtown Miami, and I-95,Excellent opportunity for investors and developers.

Buyer to independently verify zoning, density, development rights, and parking requirements.

Location

State FL

County Miami-dade

Community Wynd Wood Park

Area 31

Interior

Heating Central

Cooling Central Air, Electric

Flooring Tile

Exterior

Pool None

Utilities Available Cable Available

Roof Type Shingle

Total Parking Spaces 4

Private Pool No

Building

Lot Description < 1/4 Acre

Story 2

Sewer Public Sewer

Level or Stories Two

Structure Type Block

Others

Tax ID 01-31-25-019-0690

Acceptable Financing Cash

Listing Terms Cash

Special Listing Condition Short Sale

Virtual Tour https://www.propertypanorama.com/instaview/mia/A11711586

Miami Association of Realtors (SEFMIAMI MLS)
Listed by Lifestyle International Realty

NEARBY SCHOOL & BUSINESS

Sammy Hernandez

+1(786) 203-8671

sammysellsmiami@gmail.com

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241 NW 34th Ter

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