251 NW 34th Ter Miami FL 33127 MLS #A11925609
251 NW 34th Ter
Miami, FL, 33127
$1,140,000
Beds
0 Baths
2,784 SqFt
0 Acres
$1,140,000
251 NW 34th Ter
Miami, FL, 33127
MLS #A11925609 image #0
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 18 units, Adjacent to 241 NW 34th Terrace (up to 13 units), Potential assemblage opportunity, No on-site parking required (parking fund contribution applies), Prime Wynwood location, Minutes to Midtown, Design District, Downtown Miami & I-95, Ideal for investors and developers.

Buyer to independently verify zoning, density, development rights, assemblage potential, and parking requirements.

Property Details

Price:
$1,140,000
MLS #:
A11925609
Status:
Active
Beds:
0
Baths:
0
Type:
Multi Family
Subtype:
Quadruplex
Subdivision:
WYND WOOD PARK
Neighborhood:
wyndwoodpark
Listed Date:
Dec 20, 2024
Finished Sq Ft:
2,784
Total Sq Ft:
2,784
Year Built:
1926
Short SaleOtherWynd Wood ParkWyndwoodparkWynd Wood Park

Schools

Interior

Cooling
Central Air
Flooring
Tile
Heating
None

Exterior

Architectural Style
Other
Construction Materials
CBS Construction
Lot Features
Less Than 1/4 Acre Lot
Parking Spots
4
Parking Total
4
Roof
Flat Roof With Facade Front
Stories
2

Financial

Tax Year
2023
Taxes
$15,524
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Current real estate data for Multi Family in Miami as of Jul 17, 2026
483
Multi Family Listed
152
Avg DOM
475
Avg $ / SqFt
$1,172,262
Avg List Price

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Property Summary

    Located in the WYND WOOD PARK subdivision, 251 NW 34th Ter Miami FL is a Multi Family for sale in Miami, FL, 33127. It is listed for $1,140,000
251 NW 34th Ter
Miami, FL