Multifamily in Miami, FL 33127
Wyndwood Park, 241 NW 34th Ter

$2M47.7%
$1,040,000
1,576
SqFt
Status
Active
Size
1,576 SqFt (146 m2)
Price
$660/SqFt ($7,103/m2)
Type
Multifamily
Built
1939
MLS Number
A11711586
On Site
627 Days
Updated
85 Days ago
Page Views
0
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.

Features

Bedrooms
    Bathrooms
      Exterior and Lot Features
        Interior, Heating and Cooling
        • Heating Description: Central
        • Cooling Description: CentralAir,Electric
        Building and Construction
        • Floor Description: Tile
        • Year Built: 1939
        • Year Built Description: Resale
        Waterfront and Water Access
        • Waterfront Frontage: No info
        School Information
          Other Property Info
          • Listing Date: 2024-12-20T09:32:51.000-00:00
          Taxes, Fees & More
          • Taxes: 17639

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          Price History

          Current
          $1M
          High
          $2M
          Low
          $900K
          Total Change
          -47.7%
          $2.1M$1.4M$769KDec 24Jan 25Feb 25Feb 25Feb 25Mar 25Jul 25Jun 26Jun 26
          Date
          Event
          Price
          Change
          Price Per
          06/15/2026
          Price Reduced
          $1M
          0%
          $660 ft2
          $7,103 m2
          06/15/2026
          Price Increased
          $1M
          15.56%
          $660 ft2
          $7,103 m2
          07/30/2025
          Price Reduced
          $900K
          -25%
          $571 ft2
          $6,147 m2
          03/20/2025
          Price Increased
          $1.2M
          4.35%
          $761 ft2
          $8,196 m2
          02/27/2025
          Price Reduced
          $1.2M
          -8%
          $730 ft2
          $7,854 m2
          02/24/2025
          Price Reduced
          $1.3M
          -24.24%
          $793 ft2
          $8,537 m2
          02/07/2025
          Price Reduced
          $1.7M
          -8.33%
          $1,047 ft2
          $11,269 m2
          01/16/2025
          Price Reduced
          $1.8M
          -9.55%
          $1,142 ft2
          $12,294 m2
          12/18/2024
          Listed
          $2M
           
          $1,263 ft2
          $13,592 m2
          06/15/2026
          $1M
          Event
          Price Reduced
          Change
          0%
          Price Per
          $660 ft2
          $7,103 m2
          06/15/2026
          $1M
          Event
          Price Increased
          Change
          15.56%
          Price Per
          $660 ft2
          $7,103 m2
          07/30/2025
          $900K
          Event
          Price Reduced
          Change
          -25%
          Price Per
          $571 ft2
          $6,147 m2
          03/20/2025
          $1.2M
          Event
          Price Increased
          Change
          4.35%
          Price Per
          $761 ft2
          $8,196 m2
          02/27/2025
          $1.2M
          Event
          Price Reduced
          Change
          -8%
          Price Per
          $730 ft2
          $7,854 m2
          02/24/2025
          $1.3M
          Event
          Price Reduced
          Change
          -24.24%
          Price Per
          $793 ft2
          $8,537 m2
          02/07/2025
          $1.7M
          Event
          Price Reduced
          Change
          -8.33%
          Price Per
          $1,047 ft2
          $11,269 m2
          01/16/2025
          $1.8M
          Event
          Price Reduced
          Change
          -9.55%
          Price Per
          $1,142 ft2
          $12,294 m2
          12/18/2024
          $2M
          Event
          Listed
          Price Per
          $1,263 ft2
          $13,592 m2
          Price per square foot and days on website are not provided values and are calculated by Subdivisions.
          Listed by Sherry Lebowitz • Lifestyle International Realty • Buyer Agency Compensation .

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          Scores

          Walk Score®
          Walker's Paradise. Daily errands do not require a car
          93

          100
          Transit Score®
          Good Transit. Many nearby public transportation options
          51

          100
          Bike Score®
          Very Bikeable. Biking is convenient for most trips
          75

          100
          Sound Score®
          Very loud
          72

          100
          Airport Score
          Close to airports. Noticeable airport activity
          0

          100
          Traffic Score
          Congested area. Frequent traffic delays
          36

          100
          Local Score
          Limited local amenities nearby
          3

          100
          Community Snapshot
          2 – 5 BR
          Bedrooms
          $820K – $3.7M
          Price Tier
          259 - 4,264
          SqFt Range
          1935
          Year Build
          2
          Total Floors

          Miami
          High-End
          High-End Homes & Condos