Basic Information
- MLS # A11925609
- Type Duplex / Quad Plex / Triplex
- Subdivision/Complex Wynd Wood Park
- Year Built 1926
- Total Sqft 2,784
- Date Listed 12/04/2025
- Days on Market 196
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.
Exterior Features
- Waterfront No
- Parking Spaces 0
- Pool No
- Parking Description
Interior Features
- Adjusted Sqft 2,784Sq.Ft
- Sqft 2,784Sq.Ft
Property Features
- Aprox. Lot Size 2,784
- 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 $15,524
- Tax Year 2023
251 NW 34th Ter
Miami, FL 33127Similar Properties ForSale
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 ©2023-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. tel: 305-809-8085
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