Price Reduced 47.74%
Price History
$1,990,000
12/20/2024
$1,800,000
1/16/2025
$1,650,000
2/7/2025
$1,250,000
2/24/2025
$1,150,000
2/27/2025
$1,200,000
3/20/2025
$900,000
7/30/2025
$1,140,000
6/15/2026
$1,040,000
6/15/2026
241 NW 34th Ter, Miami, FL, 33127
1939
1,576 sqft
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.
Status:
Active
Type:
Multi-family
Zoning:
3900
Subdivision:
WYND WOOD PARK
Heating:
Central
Cooling:
Central Air, Electric
Parking:
4-car
Est. Taxes:
$17,639
Construction
Block
Utilities
Cable Available
Lot Description:
< 1/4 Acre
Days on Market:
328
Pool:
None
MLS #:
A11711586
Community Info
School Info
Walk Score
Yelp
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