No photos available
Offered at
$1,140,000
251 NW 34th Terrace, Miami, FL 33127
- 0
- Beds
- 0
- Full Baths
- 2,784
- Sq.Ft.
Listing courtesy of Sherry Lebowitz, Lifestyle International Realty
Property Description
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.
Overview
At a glance
- Property Type
- Residential Income
- Property Sub-Type
- Quadruplex
- Address
- 251 NW 34th Terrace, Miami, FL 33127
- Zoning
- 3900
- MLS ID
- A11925609
- Listing Date
- 2024-12-20
- Last Updated
- 6/16/2026, 6:40:59 PM
- Days on Market
- 549
- Subdivision
- WYND WOOD PARK
Features & Amenities
The Details
Interior
- Flooring
- Tile
Exterior
- Construction
- CBS
- Sewer
- Public Sewer
- Utilities
- Cable Available
- Cooling
- Central Air
- Heating
- None, Separate Meters
Details
- Building Area
- 2,784 sq.ft.
- Subdivision
- WYND WOOD PARK
- Stories
- 2
- Year Built
- 1926
- County
- Miami-Dade
- Zoning
- 3900
Financial
- List Price
- $1,140,000
- Original List Price
- $1,150,000
- Annual Tax
- $15,524/yr
- Tax Year
- 2023
Location
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Learn More →Information & Accuracy
All information provided on this page is deemed reliable but is not guaranteed. Square footage, lot size, room dimensions, year built, taxes, and HOA figures are sourced from the MLS, the seller, or public records, and Aquantis Realty makes no representation or warranty as to their accuracy. All measurements and material facts should be independently verified by the buyer.