241 NW 34th Terrace, Miami, FL 33127 (MLS# A11711586)

241 NW 34th Terrace, Miami, FL 33127

$1,040,000

Virtual Tour

https://www.propertypanorama.com/instaview/mia/A11711586

Property Type: Residential Income Square Footage: 1,680 Status: Active

Current Price: $1,040,000 List Date: 12/20/2024 Last Modified: 6/16/2026

Overview

Description

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: Approv ... (Read more)

Listing Details MLS# A11711586

General Property Information

Number Of Units Total: 2
Property Sub Type: Duplex
Building Area Main: 1680
Living Area Main: 1576
Adjusted Area Main: 1424
Year Built: 1939
Parking Total: 4
Stories Total: 2
Pool Private YN: No

Property Features

Documents Available: Other Available Information; None Flooring: Tile Property Condition: Resale Special Listing Conditions: Short Sale Structure Type: Duplex Construction Materials: Block Cooling: Central Air; Electric Heating: Central; Separate Meters Listing Terms: Cash Possession: Negotiable Roof: Shingle Sewer: Public Sewer Tax Information: Tax Reflects No Exemptions Utilities: Cable Available Showing Requirements: Call Listing Agent; Lockbox; Showing Service

Contract Information

Comp Sale YN: No
Original List Price: 1990000

Location and Legal

Country: United States
County Or Parish: Miami-Dade
County Parish Name: Miami-Dade
Street Number: 241
Street Direction Prefix: NW
Street Name: 34th
Street Suffix: Terrace
City Name: Miami
Municipal Code: Yes
State Or Province: FL
Postal Code: 33127
Postal Code +4: 3432
Postal Zip: 33127
Subdivision Name: WYND WOOD PARK
Area: 2310
Elementary School: Eneida Massas Hartner
Middle Or Junior School: Jose De Diego
High School: Booker T. Washington
Parcel Number: 0131250190690
Subdivision Number: 19
Zoning: 3900
Flood Zone: X

Financial Information

Tax Annual Amount: 17639
Tax Year: 2023
Tax Legal Description: WYNDWOOD PARK PB 5-23 LOT 16 BLK 4 OR 15022-1087 0291 4 COC 26141-3266 01 2008 5

Status Change Information

Major Change Timestamp: 2026-06-15T21:49:53Z
Major Change Type: Price Reduced
Price Change Timestamp: 2026-06-15T21:49:53Z
Status Change Date: 2026-06-15

More Information

Income and Expenses

Gross Income: 5600

Price Calculations

Current Price To SqFt: 659.89

Section Details

Parcel Number MLX: 0690

Originating Details

Originating System Key: 404674021
Originating System ID: M00000151

Office/Member Information

DXORIGMLSID: SEF

Flooring

Tile: Yes

Property Condition

Resale: Yes

Special Listing Conditions

Short Sale: Yes

Documents Available

Other Available Information: Yes
None: Yes

Structure Type

Duplex: Yes

Possession

Negotiable: Yes

Sewer

Public Sewer: Yes

Utilities

Cable Available: Yes

Heating

Central: Yes
Separate Meters: Yes

Construction Materials

Block: Yes

Listing Terms

Cash: Yes

Roof

Shingle: Yes

Cooling

Central Air: Yes
Electric: Yes

Showing Requirements

Call Listing Agent: Yes
Lockbox: Yes
Showing Service: Yes

Tax Information

Tax Reflects No Exemptions: Yes

Listing Office: Lifestyle International Realty

Last Updated: June - 16 - 2026

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