251 NW 34th Ter, Miami, FL 33127

Miami
Local realty services provided by:Better Homes and Gardens Real Estate Destinations
251 NW 34th Ter,Miami, FL 33127
$1,140,000
  • - Beds
  • - Baths
  • 2,784 sq. ft.
  • Multi-family
  • Active
Listed by: sherry lebowitz
Office: lifestyle international realty305-809-8085
MLS#:A11925609
Source:SEFMLS

Price summary

  • Price:$1,140,000
  • Price per sq. ft.:$409.48

About this home

Exceptional opportunity to acquire an income-producing duplex in the heart of Wynwood with significant redevelopment potential. Currently fully rented, this property offers immediate cash flow while providing investors and developers the opportunity to capitalize on one of Miami’s fastest-growing neighborhoods. Zoned T4 with the NRD-2 Overlay, the property allows for the development of up to 18 residential units. The neighboring property at 241 NW 34th Terrace allows for up to 13 residential units, creating a unique assemblage opportunity with the potential for a larger-scale development project. Added advantage: develop without on-site parking by contributing to the applicable parking fund, maximizing flexibility. Near Wynwood, Midtown, Design District, Downtown Miami, and major corridors, offering current income plus long-term upside. Property Highlights: Short Sale Opportunity, Fully rented duplex with immediate income, T4 Zoning with NRD-2 Overlay, Development potential for...

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Home facts

  • Year built:1926
  • Subdivision & Development:WYND WOOD PARK
  • Listing ID #:A11925609
  • Updated:August 15, 2026 at 09:57 AM

Rooms and interior

  • Flooring:Tile
  • Living area:2,784 sq. ft.

Heating and cooling

  • Cooling:Central Air
  • Central air:Yes

Structure and exterior

  • Roof:Flat
  • Year built:1926
  • Building area:2,784 sq. ft.
  • Architectural Style:Fourplex
  • Construction Materials:Block
  • Levels:2 Story

Utilities

  • Sewer:Public Sewer

Finances and disclosures

  • Price:$1,140,000
  • Price per sq. ft.:$409.48
  • Tax amount:$15,524 (2023)

Parking

  • Total parking spaces:4
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