Basic Information

  • MLS # A11711586
  • Type Duplex / Quad Plex / Triplex
  • Subdivision/Complex Wynd Wood Park
  • Year Built 1939
  • Total Sqft 1,576
  • Date Listed 12/20/2024
  • Days on Market 545
Description

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.

Exterior Features

  • Waterfront No
  • Parking Spaces 0
  • Pool No
  • Parking Description

Interior Features

  • Adjusted Sqft 1,576Sq.Ft
  • Sqft 1,576Sq.Ft

Property Features

  • Aprox. Lot Size 1,680
  • Furnished Info No
  • Lot Description Less Than Quarter Acre
  • Short Sale Short Sale
  • HOA Fees N/A
  • Subdivision Complex
  • Subdivision Info Wynd Wood Park
  • Tax Amount $17,639
  • Tax Year 2023

241 NW 34th Ter

Miami, FL 33127

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