Duplex

241 NW 34th Ter

241 NW 34th Ter, Miami FL 33127 Get directions

$960,000

For Sale

Price cut: $80,000 (−7.7%)

1,576 SqFt

See estimated monthly cost

This listing is courtesy of Lifestyle International Realty. Sherry Lebowitz

Overview

Unapproved 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.

Facts & features

Interior

Living area (sq ft): 1,576

Building & exterior

Year built: 1939

Taxes

Annual tax: $17,639
Tax year: 2023
Parcel number: 01-31-25-019-0690

Listing

MLS number: A11711586
Property type: Duplex
Price per SqFt: $609
Sale condition: Short sale
Subdivision: WYND WOOD PARK
On market since: Dec 20, 2024
Days on market: 458

Price history

Date	Event	Price	Change
Dec 20, 2024	Listed	$1,990,000	—
Oct 23, 2026	Price change	$960,000	−$80,000 (−7.7%)

Milestones recorded on this listing. Not a complete MLS price history.

Estimated monthly cost

$7,044 per month

Down payment (%)

Interest rate (%)

Principal & interest (30 yr): $4,854
Property tax: $1,470
Insurance (estimated): $720

An estimate for comparison only — not a loan offer, a quote, or a commitment to lend. Actual taxes, insurance and financing terms will differ.

Location

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Nearby schools

Metropolitan International School of Miami Private · PK-08 · 0.10 mi
Young Men''s Preparatory Academy Senior High Public · 6-12 · 0.27 mi
Ebenezer Christian Academy Private · PK-12 · 0.29 mi
Jose De Diego Middle Public · 6-8 · 0.30 mi
Eneida Massas Hartner Elementary Public · PK-5 · 0.36 mi
Centner Academy - Preschool Private · PK-KG · 0.50 mi
Mater International Preparatory Charter · 6-9 · 0.60 mi
Mater Academy of International Studies Charter · K-5 · 0.60 mi
Creative Kidz Prepatory Academy LLC Private · PK-05 · 0.65 mi
Step By Step Preparatory School LLC Private · PK-03 · 0.66 mi
Design & Architecture Senior High Public · 9-12 · 0.67 mi
Miami Arts Charter School Charter · 6-12 · 0.70 mi
Cherry Blossom Learning Center II Private · PK-KG · 0.71 mi
Santa Clara Elementary Public · PK-5 · 0.82 mi
Shadowlawn Elementary Public · PK-5 · 0.83 mi

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