Fantastic development opportunity in the heart of Wynwood! This 5000 SQ FT lot is zoned T4R, allowing the construction of up to 4 floors and 17 units under the new Miami 21 Zoning Code. Zero parking requirements also allow for the maximum number of units (3 floors and 70% lot coverage). The existing house can be rented while awaiting plans. Ideally located just steps from Midtown shops and the Wynwood Arts District, this prime property is also close to the Design District, Brickell, renowned art galleries, antique shops, fine dining, shopping, and more. Don’t miss out on this chance to be part of Miami’s vibrant future!
Property Details
Price:
$1,200,000
MLS #:
A11610661
Status:
Active
Beds:
0
Baths:
0
Address:
50 NW 34th Ter
Type:
Multi Family
Subtype:
Duplex
Subdivision:
WYND WOOD PARK
City:
Miami
Listed Date:
Jun 18, 2024
State:
FL
Finished Sq Ft:
1,583
ZIP:
33127
Year Built:
1925
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Schools
Interior
Cooling
Ceiling Fan(s), Wall/ Window Unit(s)
Heating
Other
Exterior
Architectural Style
Detached
Construction Materials
C B S Construction
Parking Spots
3
Roof
Flat Roof With Facade Front
Financial
Buyer Agent Compensation
2.5%%
Tax Year
2023
Taxes
$4,774
Map
Community
- Address50 NW 34th Ter Miami FL
- CityMiami
- CountyMiami-Dade County
- Zip Code33127
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