Multifamily in Miami, FL 33127
Wyndwood Park, 251 NW 34th Ter

2,784
SqFt
Status
OFF MARKETExpired
Size
2,784 SqFt (259 m2)
Price
$521/SqFt ($5,606/m2)
Type
Multifamily
Built
1926
MLS Number
A11224041
On Site
1551 Days
Updated
1421 Days ago
Page Views
0
This property sits in the new Wynwood Norte zoning overlay and is zoned T4. You can build up to 16 units and up to 3 stories. Taking into consideration maximum lot coverage of 60% and 3 stories, there is the potential of sixteen 562 SF 1 bedroom units. Rents in the area continue to rise, helping with the overall profitability of new development projects. Current tenant rents help offset holding costs. Parking may be satisfied through payment in lieu into the applicable Parking Trust Fund. Buyer is responsible for all due diligence and verifying development potential. Do Not Disturb Tenants. Financials are attached.

Features

Bedrooms
    Bathrooms
      Exterior and Lot Features
        Interior, Heating and Cooling
        • Heating Description: None
        • Cooling Description: CentralAir
        Building and Construction
        • Floor Description: Tile
        • Year Built: 1926
        • Year Built Description: Resale
        • Style: Fourplex
        Waterfront and Water Access
        • Waterfront Frontage: No info
        School Information
          Other Property Info
          • Listing Date: 2022-06-17T11:35:15.830-00:00
          Taxes, Fees & More
          • Taxes: 5680

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          Price History

          Date
          Event
          Price
          Change
          Price Per
          10/18/2022
          Listed
          $1.5M
           
          $521 ft2
          $5,606 m2
          10/18/2022
          $1.5M
          Event
          Listed
          Price Per
          $521 ft2
          $5,606 m2
          Price per square foot and days on website are not provided values and are calculated by Subdivisions.
          Listed by Victor AbreuAll Realty Management, LLC. • 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