Home/Search/241 NW 34th Ter, Miami FL 33127
241 NW 34th Ter, Miami FL 331271 / 19
For Sale
Duplex

$1,040,000

241 NW 34th Ter, Miami FL 33127

—

Bedrooms

—

Bathrooms

1,576

Sq Ft

About This Property

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

MLS #:A11711586
Price:$1,040,000
Original Price:$1,990,000
Status:For Sale
Days on Market:328
Date Listed:Dec 20, 2024
Living Area:1576 sqft
Building Area:1680 sqft
Price per Sqft:$660/sqft
Year Built:1939
Property Type:Residential Income
Property Sub Type:Duplex

Heating:Central
Cooling:Central Air, Electric
Flooring:Tile
Stories:2
Virtual Tour:Available

Architectural Style:Detached
Construction Materials:Concrete Block Construction
Structure Type:Duplex
Roof:Shingle
Lot Features:Less Than 1/4 Acre Lot
Sewer:Public Sewer

Total Parking:4

Area/Region:Wynd Wood Park
Zoning:3900

Price per Sqft:$660/sqft
Annual Tax Amount:$17,639
Tax Year:2023
Listing Terms:Cash
Possession:Funding
Special Conditions:Short Sale
Parcel Number:01-31-25-019-0690
Legal Description:WYNDWOOD PARK PB 5-23 LOT 16 BLK 4 OR 15022-1087 0291 4 COC 26141-3266 01 2008 5

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Estimated monthly payment (PITI) based on this property's data. Adjust values to explore scenarios.

$1,040,000
$17,639
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Estimated Monthly Payment

$7,595/mo

Principal & Interest$5,259
Property Tax$1,470
Insurance$867
Loan Amount$832,000
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Listing courtesy of Lifestyle International Realty. Data last updated June 15, 2026 at 08:49 PM.