241 NW 34th Ter Miami, FL $ 1,040,000
241 NW 34th Ter
$ 1,040,000
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241 NW 34th Ter

Miami, FL, 33127
$ 1,040,000
Baths0.0 Sq 1,576

Monthly Estimate*

$ 6,567

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View a Virtual Tour
Studio

Multi-Family Home for sale in Miami, FL

for $1,040,000. This 1,576 square foot home was built in 1939.

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.

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Multi-Family Active

Price

$ 1,040,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 17,639

Style

Year Built

1939

Town/City

Miami

County/Region

Miami-Dade

MLS | Web ID

A11711586

Features
General
Sewer Public Sewer
Heating Central
Cooling Central Air Electric
Utilities Cable Available
Possession Closing & Funding
Roof Shingle
Pool Features None
Construction Materials Block
Year Built 1939
Stories Count 2
Levels Two
Property Subtype Duplex
Tax Year 2023
County Miami-Dade
Property Type Residential Income
Subdivision Name WYND WOOD PARK
Rent Includes Electricity Hot Water Pest Control Trash Collection Cable TV Water
Special Listing Conditions Short Sale
Status Active
City Miami
Zoning Description 3900
MLS Area 31
Lot Size Units Square Feet
Listing Terms Cash
Year Built Details Resale
Tax Annual Amount 17639
Virtual Tour https://www.propertypanorama.com/instaview/mia/A11711586
Standard Status Active
Occupancy Type Vacant
Property Sub Type Additional Duplex
Legal Description WYNDWOOD PARK PB 5-23 LOT 16 BLK 4 OR 15022-1087 0291 4 COC 26141-3266 01 2008 5
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Interior
Flooring Tile
Air Conditioning Y/N true
Heating Y/N true
Total Baths 0
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Exterior
Lot Features < 1/4 Acre
Total Parking 4
Building Area Total 1680
Waterfront Y/N false
Covered Spaces 0
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* Excluded Features
List By
Lifestyle International Realty

Broker

sherry@lebowitzgroup.com

Email

Affordability Calculator

$8,037
Per Month
82%
18%
0%
Monthly Principal & Interest
$6,567
Monthly Property Taxes
$1,470
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
Date Price Price Change Description
6/15/2026 $1,040,000 -8.77% Price Down
6/15/2026 $1,140,000 26.67% Price Up
10/22/2025 $900,000 Listed Price

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241 NW 34th Ter, Miami, FL, 33127 is a Multi-Family Home for sale at $1,040,000 with 1,576 sqft. 241 NW 34th Ter is a studio with 0.0 baths and was built in 1939. The property's zip code is 33127 which is in Miami, FL