Sell Your Home
Get a free home valuation
Contact
Tell us about your needs

241 NW 34th Ter, Miami FL 33127

Multi-family For Sale
$1,040,000

BTC: 16.25000000

ETH: 546.60892234

-$950K (2026/06/15)
571 days
0 room(s)
1,576 sqft

Overview

Approved 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.

Location

Details

Type:
Residential Income
Parking:
No Data
Year Built:
1939
Lot:
No Data
Heating:
Central
Price/sqft:
$660
Cooling:
Central Air / Electric
HOA:
No Data

Valuation

Our model vs. what's actually selling nearby.
Estimate
$490,000
$343K – $769K
Confidence Low
List vs. estimate
$550K above estimate
List $1,040,000 · +112.2%
Our model says this listing is priced above recent comparable activity. Room to negotiate.
Price per sq ft
$659
+53.2% vs. city median $430
Based on
47 MLS comparables
+ 30 public-records sales within 0.5 mi
Median actual sale: $1.0M
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$17,639
2023
Parking
4 spaces
All facts and features
  • Flooring

    • Tile

    Heating

    • Central

    Cooling

    • Central Air

    • Electric

  • Other Property Information

    • Parcel Number: 01-31-25-019-0690

    • Zoning: 3900

  • Type and style

    • Property Type: Residential Income

    • Property Sub Type: Duplex

  • Other financial information

    • Annual tax amount: $17,639

  • Source details

    • MLS ID: A11711586

    Other facts

    • Construction Materials: Concrete Block Construction

    • Lot Features: Less Than 1/4 Acre Lot

    • Architectural Style: Detached

    • Living Area: 1576

    • Subdivision Name: WYND WOOD PARK

Private inquiry
Talk to the advisor on this listing.
Floor plans, HOA docs, off-market comparables, scheduling a private showing — one message, direct to the local specialist.

More like this

For Sale
$1,050,000
Condo/Co-op
1 bds · 1 ba
Aston Martin Residences, Miami
300 Biscayne Boulevard Way # 3008W, Miami FL 33131
2700 NW 2nd Avenue # 642, Miami FL 33127
For Sale
$1,230,000
Condo/Co-op
2 bds · 2 ba · 840 sqft
Nomad Residences Wynwood, Miami
2700 NW 2nd Avenue # 642, Miami FL 33127
For Sale
$800,000
House
5 bds · 3 ba · 1,669 sqft
REVISION OF KENILWORTH, Miami
2360 SW 2nd St, Miami FL 33135
For Sale
$1,275,900
Condo/Co-op
2 bds · 2 ba · 840 sqft
Nomad Wynwood Residences, Miami
2700 NW 2nd avenue # 743, Miami FL 33127
New
For Sale
$749,000
Condo/Co-op
1 bds · 1 ba · 598 sqft
The Standard Residences, Miami
90 NE 32nd St # 808, Miami FL 33127
New
For Sale
$1,000,000
Condo/Co-op
2 bds · 2 ba · 1,171 sqft
ARIA ON THE BAY CONDO, Miami
488 NE 18th St # 4900, Miami FL 33132
New
For Sale
$1,080,000
Multi-family
0 room(s) · 3,596 sqft
ORCHARD VILLA EXTENSION, Miami
1286 NW 59th St, Miami FL 33142
New
For Sale
$1,200,000
House
4 bds · 3 ba
GLENROYAL SUB, Miami
112 NW 24th Ct, Miami FL 33125

Market around this address

Live counts in the same area.
View all

The multiple listing information is provided by the Miami Association of REALTORS® from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Miami Association of REALTORS®. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: Lifestyle International Realty