Closed

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

1,250,000(-8% )
$1,150,000Price
2,784SqFt

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Details

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Status:
Sold - May 31, 2023
Size: 2,784 SqFt (259 m2)
Price: $413/SqFt ($4,446/m2)
Type: Multi Family
Built: 1926
MLS Number: A11332490
On Site: 920 Days
Updated: 791 Days ago
Page Views: 0
Legal fourplex in wynwood. 40 year recertification completed. These are not easy to find. The existing structure is situated to maximize the lot's parking potential. Common area can be used for parking and coin laundry. This property is not only an ideal investment, but also lends itself for a solid development opporturnity as it's zoned t4. Build up to 16 units and 3 stories. No parking needed with contribution to parking fund. All tenants are month to month. Property has below market rents with room to grow as is. Financials can be provided upon request. Do not contact tenants. Seller will negotiate highest and best offer.
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: 2023-01-24T16:25:18.000-00:00
          Taxes, Fees & More
          • Taxes: 5775

          Price History

          05/31/2023

          Date

          Sold

          Event

          $1.2M

          Price

          -8%

          Change Rate

          $413 ft2 / $4,446 m2

          Price Per

          03/16/2023

          Date

          Price Reduced

          Event

          $1.3M

          Price

          -7.41%

          Change Rate

          $449 ft2 / $4,833 m2

          Price Per

          02/02/2023

          Date

          Price Increased

          Event

          $1.4M

          Price

          17.39%

          Change Rate

          $485 ft2 / $5,220 m2

          Price Per

          01/24/2023

          Date

          Listed

          Event

          $1.2M

          Price

          $413 ft2 / $4,446 m2

          Price Per

          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 .

          Instant Comps

          $100/ft²
          $600/ft²
          $1,200/ft²
          $1,900/ft²

          Unit 251 NW 34th Ter – Asking

          $413/ft²

          (-33%) from Closed Avg. $/ft²

          Closed Avg. $/ft²

          $613/ft²
          Community $/Price Range (Closed) $174/ft² – $1739/ft²
          UnitBed/BathSize SqFt$/SqFtExposureViewSoldClosed Date
          69 NW 35th St4/82,986$613South$1,830,0001/17/2025
          Bed/Bath: 4/8Size SqFt: 2,986$/SqFt: $613Exposure: SouthSold: $1,830,000Closed Date: 1/17/2025
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