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251 34th Ter, Miami, FL

Offering:
For Sale
Location:
Miami, FL 33127
Subdivision:
WYND WOOD PARK
Status:
Active
Living Area sq ft
2,784 sq ft
$1,140,000

Deemed reliable but not guaranteed.

Details
Year built:
1926
Levels:
Two
Stories:
2
Parking:
4 spaces
Style:
Fourplex
Days on market:
474
Annual tax (2023):
$15,524
Type:
Quadruplex
MLS ID
A11925609
Listed by:
Lifestyle International Realty (LSIR01)
Listing office phone:
305-809-8085
Listing office email:
Listing agent:
Sherry Lebowitz (3268355)

Features

Block
Flat
Less Than Quarter Acre
Utilities
Available:
Cable Available
Sewer:
Public Sewer

Description

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 up to 18 units, Adjacent to 241 NW 34th Terrace (up to 13 units), Potential assemblage opportunity, No on-site parking required (parking fund contribution applies), Prime Wynwood location, Minutes to Midtown, Design District, Downtown Miami & I-95, Ideal for investors and developers. Buyer to independently verify zoning, density, development rights, assemblage potential, and parking requirements.
Price history
$1,150,000 → $1,140,000 · Reduced by $10,000 (0.9%) · 2 price changes

Location

251 NW 34th Ter
Miami, FL 33127

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MLS information

Last updated Jun 15, 2026

IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.