241 NW 34th Terrace, Miami, FL 33127
Local realty services provided by:Reliant Realty ERA Powered
Listed by: sherry lebowitz
Office: lifestyle international realty
MLS#:A11711586
Source:RMLS
Price summary
- Price:$1,140,000
- Price per sq. ft.:$678.57
About this home
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....
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Home facts
- Year built:1939
- Listing ID #:A11711586
- Added:5 day(s) ago
- Updated:June 15, 2026 at 07:42 PM
Rooms and interior
- Flooring:Tile
- Living area:1,576 sq. ft.
Heating and cooling
- Cooling:Central Air, Electric
- Heating:Central
- Central air:Yes
Structure and exterior
- Roof:Shingle
- Year built:1939
- Building area:1,576 sq. ft.
- Construction Materials:Block
Schools
- High school:Booker T. Washington
- Middle school:Jose De Diego
- Elementary school:Eneida Massas Hartner
Utilities
- Sewer:Public Sewer
Finances and disclosures
- Price:$1,140,000
- Price per sq. ft.:$678.57
- Tax amount:$17,639 (2023)
Parking
- Total parking spaces:4
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