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About This Home
This 4-bedroom, 4-bathroom multi-family at 241 NW 34th Ter in Miami, FL is listed for $1,140,000 ($723 per sqft). Built in 1939, the home offers 1,576 sqft of living space on a N/A lot.
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.
Key Features
- Built in 1939
- 4 parking spaces
Property Details
Monthly Cost Estimate
$6,097/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
241 NW 34th Ter
Miami, FL 33127
Wynd Wood Park
Property Details
Flooring
Construction
Heating
Cooling
Questions & Answers
This 4-bedroom, 4-bathroom multi-family at 241 NW 34th Ter is listed at $1,140,000 ($723/sqft). The estimated monthly payment is $4,940 based on 20% down at 6.5% interest.
Key features include: Built in 1939, 4 parking spaces.
This property is listed by Sherry Lebowitz and can be reached at 3054960687 or sherry@lebowitzgroup.com.
