$1,040,000

241 NW 34th Terrace, Miami, FL 33127

1,576 sqft

Duplex
Built in 1939
—— sqft lot
—— car garage
$660/sqft
Listed 1 year ago

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.

Listing Status:: Active
Date Added:: December 20, 2024
Data Last Updated:: June 19, 2026 at 8:19PM
Listing Office:: Lifestyle International Realty : 305-809-8085
Listing Agent:: Sherry Lebowitz : 305-496-0687
MLS ID:: A11711586

Flooring: Tile
A/C: Central AirElectric
Heating: CentralSeparate Meters

Parking: Parking spaces: 4

Roofing: Shingle
General: Block2

Originating MLS: BEACH_MIAMI
County: Miami-Dade

Zoning: 3900WYNDWOOD PARK PB 5-23 LOT 16 BLK 4 OR 15022-1087 0291 4 COC 26141-3266 01 2008 50131250190690

Utilities: Cable Available
Sewer: Public Sewer

Source: BEACH_MIAMI

This listing courtesy of Sherry Lebowitz , Lifestyle International Realty

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Principal & Interest $
Property Taxes $
Home Insurance $
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