251 NW 34th TER, Miami, FL 33127
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
Rachel Small

Rachel Small

+1(305) 570-1167
-
Est. payment | /mo

2,784 SqFt

Save Virtual Tour
-
Est. payment | /mo
Save Virtual Tour

2,784 SqFt

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Square Footage 2,784 sqft

Subdivision Wynd Wood Park

MLS Listing ID A11925609

Construction Status Resale

HOA Y/N No

Year Built 1926

Annual Tax Amount $15,524

Tax Year 2023

Property Sub-Type Quadruplex

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.

Location

State FL

County Miami-dade

Area 2310

Interior

Heating None, Separate Meters

Cooling Central Air

Flooring Tile

Fireplace No

Exterior

Utilities Available Cable Available

Roof Type Flat

Total Parking Spaces 4

Private Pool No

Building

Dwelling Type Multi Family

Story 2

Sewer Public Sewer

New Construction No

Construction Status Resale

Schools

Elementary Schools Eneida Massas Hartner

Middle Schools Jose De Diego

High Schools Booker T. Washington

Others

Pets Allowed No

Tax ID 0131250190680

Acceptable Financing Cash

Listing Terms Cash

Special Listing Condition Short Sale

Virtual Tour https://www.propertypanorama.com/instaview/mia/A11925609

BeachesMLS, Inc. (FLR) VOW
Listed by Sherry Lebowitz Lifestyle International Realty

Nearby Locations

Rachel Small

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(305) 570-1167

rachelsellsluxury@gmail.com

323 Sunny Isles Blvd, Sunny Isles Beach, FL, 33160, USA

GET MORE INFORMATION

Name
Phone*
Message

By checking this box, I agree by electronic signature to the Electronic Disclosure Consent Agreement; to receive recurring marketing communication from Rachel Small, including auto-dialed calls, texts, and artificial/prerecorded voice messages (message frequency varies; data rates may apply; reply "STOP" to opt-out of texts or "HELP" for assistance); and to the Terms of Service and Privacy Policy of this website. Consent not required to make a purchase. I understand that I can call to obtain direct assistance.

Go tour this home

251 NW 34th TER

Free Account Required

  • Instant access to listing photos & details
  • Save listings and searches
  • Access details for this property