251 NW 34th Terrace, Miami, FL 33127

Miami
Local realty services provided by:Reliant Realty ERA Powered
251 NW 34th Terrace,Miami, FL 33127
$1,140,000
Virtual Tour
  • - Beds
  • - Baths
  • 2,784 sq. ft.
  • Multi-family
  • Active
Listed by: sherry lebowitz
Office: lifestyle international realty
MLS#:A11925609
Source:RMLS

Price summary

  • Price:$1,140,000
  • Price per sq. ft.:$409.48

About this home

Exceptional opportunity to acquire an income-producing duplex in the heart of Wynwood with significant redevelopment potential. Currently fully rented, this property offers immediate cash flow while providing investors and developers the opportunity to capitalize on one of Miami’s fastest-growing neighborhoods. Zoned T4 with the NRD-2 Overlay, the property allows for the development of up to 18 residential units. The neighboring property at 241 NW 34th Terrace allows for up to 13 residential units, creating a unique assemblage opportunity with the potential for a larger-scale development project.Added advantage: develop without on-site parking by contributing to the applicable parking fund, maximizing flexibility. Near Wynwood, Midtown, Design District, Downtown Miami, and major corridors, offering current income plus long-term upside.Property Highlights: Short Sale Opportunity, Fully rented duplex with immediate income, T4 Zoning with NRD-2 Overlay, Development potential for up to...

Contact an agent

contact an agent

Yes, I would like more information. Please use and/or share my information with an ERA®  affiliated agent to contact me about my real estate needs. By clicking Send message, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If an ERA®  affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE® , CENTURY 21® , Coldwell Banker® , Corcoran® , Sotheby's International Realty® ). I acknowledge that I have read and agree to theTerms of useandPrivacy notice

Home facts

  • Year built:1926
  • Listing ID #:A11925609
  • Added:8 day(s) ago
  • Updated:June 15, 2026 at 07:42 PM

Rooms and interior

  • Flooring:Tile
  • Living area:2,784 sq. ft.

Heating and cooling

  • Cooling:Central Air
  • Central air:Yes

Structure and exterior

  • Roof:Flat
  • Year built:1926
  • Building area:2,784 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.:$409.48
  • Tax amount:$15,524 (2023)

Parking

  • Total parking spaces:4
All listings featuring the BMLS logo are provided by BeachesMLS Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright 2026 Beaches Multiple Listing Service, Inc. Information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

New listings near 251 NW 34th Terrace