ActiveDuplex
241 NW 34th Ter, Miami FL 33127
Miami, FL 33127 · MLS #A11711586The residence
About this property
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.
At a glance
Property details
- Property type
- Duplex
- Listing type
- For sale
- Status
- Active
- Living area
- 1,576 sq. ft.
- Year built
- 1939
- Lot size
- 0 sq. ft.
- Subdivision
- WYND WOOD PARK
- County
- Miami-Dade County
- Days on market
- 328
- Original list price
- $1,990,000
- Listing date
- December 20, 2024
- Annual property tax
- $17,639 (2023)
- Listing agent
- Sherry Lebowitz
- Listing office
- Lifestyle International Realty
- MLS number
- A11711586
Neighborhood & location
Explore WYND WOOD PARK
Review nearby homes, local services, commute routes, schools, flood information, and community rules as part of your due diligence. Neighborhood information can change and should be verified with the appropriate local authority.
Schools
School information
- School district
- Miami-Dade County Public Schools
Plan your purchase
Mortgage calculator
- Principal & interest
- $5,259
- Property taxes
- $1,470
- Homeowners insurance
- $520
- Estimated total
- $7,249
Estimate only. Taxes, insurance, association fees, PMI, interest rate, and lender terms vary. Confirm the actual payment and closing costs with a licensed mortgage professional. Review Florida mortgage and pre-approval guidance.
Continue your search
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Listing courtesy of Lifestyle International Realty, 305-809-8085.
Data provided by MIAMI Association of REALTORS®. Information is deemed reliable but is not guaranteed accurate by the MLS and should be independently verified. Property availability, price, and details are subject to change without notice.