241 Nw 34th Terrace, Miami, FL

$1,040,000

Previous Next

1,576

Square feet

About 241 Nw 34th Terrace

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.

Features of 241 Nw 34th Terrace

MLS® # A11711586
Price $1,040,000
Square Footage 1,576
Year Built 1939
Type Multi-Family
Sub-Type Duplex
Status Active

Community Information

Address 241 Nw 34th Terrace
Area 2310
Subdivision WYND WOOD PARK
City Miami
County Miami-Dade
State FL
Zip Code 33127
HOPA No Hopa

Amenities

Utilities Cable Available
Is Waterfront No
Has Pool No

Interior

Heating Central, Separate Meters
Cooling Central Air, Electric
# of Stories 2

Exterior

Roof Shingle
Construction Block

School Information

Elementary Eneida Massas Hartner
Middle Jose De Diego
High Booker T. Washington

Additional Information

Zoning 3900
Foreclosure No
Short Sale Yes
RE / Bank Owned No

Listing Details

OfficeLifestyle International Realty

Listing Map

Request a Showing

Provide a valid email address.
When would you like to view this property?