241 NW 34th Ter Miami FL 33127 MLS #A11711586

241 NW 34th Ter
Miami, FL, 33127
$1,040,000
Beds
0 Baths
1,576 SqFt
0 Acres
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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.

Property Details

Price:
$1,040,000
MLS #:
A11711586
Status:
Active
Beds:
0
Baths:
0
Address:
241 NW 34th Ter
Type:
Multi Family
Subtype:
Duplex
Subdivision:
WYND WOOD PARK
Neighborhood:
wyndwoodpark
City:
Miami
Listed Date:
Dec 20, 2024
State:
FL
Finished Sq Ft:
1,576
Total Sq Ft:
1,680
ZIP:
33127
Year Built:
1939
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Schools

Interior

Cooling
Central Air, Electric
Flooring
Tile
Heating
Central

Exterior

Architectural Style
Detached
Construction Materials
Concrete Block Construction
Parking Spots
4
Roof
Shingle

Financial

Tax Year
2023
Taxes
$17,639

Map

Community

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241 NW 34th Ter
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