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241 NW 34th Terrace

Miami, FL 33127
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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 nea r 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.

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Detail Ic Property Details

Property Type : ResidentialIncome

Price : $1,040,000

AD Id : 61516130

MLS Id : A11711586

Living Area Size : 1,576

Year Built : 1939

County : Miami-Dade

Subdivision: Wynwood

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Feature Features

  • Interior Features

    Roof: Shingle
  • Heating & Cooling

    Has Heating: Yes Heating: Central, SeparateMeters Has Cooling: Yes Cooling: CentralAir, Electric

  • Building Information

    Year Built: 1939
    Building Area Total: 1680
    Construction Materials: Block
    Private Pool: No

  • Listing Price Information

    Listing Price: $1040000
    Original Price: $1990000
    Cash

  • Tax Information

    Parcel Number: 0131250190690 Tax Year: 2023 Annual Tax: $17639 Tax Legal Desc: WYNDWOOD PARK PB 5-23 LOT 16 BLK 4 OR 15022-1087 0291 4 COC 26141-3266 01 2008 5

  • Parking Information

    Parking Total: 4

  • School Information

    Elementary School: Eneida Massas Hartner Junior High School: Jose De Diego Senior High School: Booker T. Washington
  • Utility Information

    CableAvailable
  • Location Information

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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
67 NW 34th St, Miami, FL, 33127 $1,250,000 5 3 1,920 1,920 SqFt
1075 NW 30th St, Miami, FL, 33127 $1,170,000 8 4 2,904 2,904 SqFt
773 NW 34th Street, Miami, FL, 33127 $742,000 5 3 2,088 2,088 SqFt
5428 NW 3rd Ave, Miami, FL, 33127 $1,450,000 4 2 2,830 2,830 SqFt
270 NW 35th St, Miami, FL, 33127 $950,000 2 2 900 900 SqFt
305 NW 58th St, Miami, FL, 33127 $899,000 6 6 2,000 2,000 SqFt
844 NW 29th St, Miami, FL, 33127 $650,000 4 2 1,354 1,354 SqFt
Residentialincome, Miami, FL, 33127 $650,000 4 2 1,500 1,500 SqFt
5130 - 5140 NW 5th Avenue, Miami, FL, 33127 $3,375,000 12 12 5,800 5,800 SqFt
118 NW 24th St, Miami, FL, 33127 $3,475,000 -- 1 2,983 2,983 SqFt

The information being provided by Miami Association of REALTORS® is for the consumer's personal, non-commercial use. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the Miami Association of REALTORS®. The accuracy of all information is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by Miami Association of REALTORS® and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright 2026 Miami Association of REALTORS®. All rights reserved.

ByOwner last updated this listing 06/20/2026 @ 16:38

MLS: A11711586 LISTED BY: Sherry Lebowitz, Lifestyle International Realty 305-809-8085 SOURCE: Beaches MLS

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