251 NW 34th Terrace
Miami, FL 33127
8
Bed
4
Bath
2,784Sqft
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,
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Interior Features
Roof: Flat -
Heating & Cooling
Heating: None, SeparateMeters Has Cooling: Yes Cooling: CentralAir
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Building Information
Year Built: 1926Building Area Total: 2784Construction Materials: BlockPrivate Pool: No
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Listing Price Information
Listing Price: $1140000Original Price: $1150000Cash
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Tax Information
Parcel Number: 0131250190680 Tax Year: 2023 Annual Tax: $15524 Tax Legal Desc: WYNDWOOD PARK PB 5-23 LOT 15 BLK 4 OR 13193-1334 0287 1
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Parking Information
Parking Total: 4
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School Information
Elementary School: Eneida Massas Hartner Junior High School: Jose De Diego Senior High School: Booker T. Washington -
Utility Information
CableAvailable -
Location Information
How much is this property worth?
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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 |
| 1074 NW 27th St, Miami, FL, 33127 | $796,300 | -- | -- | 2,057 | 2,057 SqFt |
| 5428 NW 3rd Ave, Miami, FL, 33127 | $1,450,000 | 4 | 2 | 2,830 | 2,830 SqFt |
| 773 NW 34th Street, Miami, FL, 33127 | $742,000 | 5 | 3 | 2,088 | 2,088 SqFt |
| 270 NW 35th St, Miami, FL, 33127 | $950,000 | 2 | 2 | 900 | 900 SqFt |
| 844 NW 29th St, Miami, FL, 33127 | $650,000 | 4 | 2 | 1,354 | 1,354 SqFt |
| 305 NW 58th St, Miami, FL, 33127 | $899,000 | 6 | 6 | 2,000 | 2,000 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 |
Similar Multifamily To 251 NW 34th Terrace
Nearby For Sale
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ByOwner last updated this listing 06/20/2026 @ 21:50
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