Address
251 Nw 34th Ter, Miami, FL
Price
$ 1,140,000
Property Attributes
- MLS#A11925609
- TypeSingle Family
- Listing Status Active
- CountyMiami-Dade
- CityMiami
- Area31
- NeighborhoodWYND WOOD PARK
- Zip33127
- Style
- Year Built1926
- Taxes$ 15524
- Price$ 1,140,000
- Bedrooms2
- Full Bathrooms1
- Half Bathrooms0
- Sqr Footage2784
Data Source:
Southeast Florida MLS (SEFMLS)
Property 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 | |
|---|---|
| 12/4/2025 | Listed $1,150,000 |
| 6/15/2026 | 1$1,140,000 |
General Features
| Sewer | PublicSewer |
|---|---|
| Heating | None |
| Cooling | CentralAir |
| Utilities | CableAvailable |
| Possession | ClosingAndFunding |
| Roof | Flat |
| Architectural Style | Fourplex |
| Pool Features | None |
| Construction Materials | Block |
| Year Built | 1926 |
| Stories Count | 2 |
| Levels | Two |
| Property Subtype | Quadruplex |
| Tax Year | 2023 |
| County | Miami-Dade |
| Property Type | ResidentialIncome |
| Subdivision Name | WYND WOOD PARK |
| Rent Includes | Water |
| Full Baths | 1 |
| Special Listing Conditions | ShortSale |
| Status | Active |
| City | Miami |
| Zoning Description | 3900 |
| Number Of Units Total | 1 |
| MLS Area | 31 |
| Lot Size Units | SquareFeet |
| Listing Terms | Cash |
| Year Built Details | Resale |
| Tax Annual Amount | 15524 |
| Standard Status | Active |
| Occupancy Type | Tenant |
| Property Sub Type Additional | Quadruplex |
| PostalCity | Miami |
| Legal Description | WYNDWOOD PARK PB 5-23 LOT 15 BLK 4 OR 13193-1334 0287 1 |
Interior Features
| Flooring | Tile |
|---|---|
| Air Conditioning Y/N | true |
| Heating Y/N | false |
| Total Bedrooms | 2 |
Exterior Features
| Lot Features | LessThanQuarterAcre |
|---|---|
| Total Parking | 4 |
| Building Area Total | 2784 |
| Waterfront Y/N | false |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Single Family Average in 33127
Price
Taxes
Year Built
In The Neighborhood
Miami
$ 1,200,000
266 Nw 32nd St
Miami, FL 33127
- Type
- Single Family
- Size
- 1,343 SqFt
- Rooms
- 2 Beds + 1 Baths
Miami
$ 3,740,000
138 Nw 33rd St
Miami, FL 33127
- Type
- Single Family
- Size
- 2,360 SqFt
- Rooms
- 3 Beds + 3.5 Baths
Miami
$ 1,945,000
255 Nw 32nd St
Miami, FL 33127
- Type
- Single Family
- Size
- 2,280 SqFt
- Rooms
- 3 Beds + 1 Baths
Miami
$ 1,275,000
287 Nw 31st St
Miami, FL 33127
- Type
- Single Family
- Size
- 1,256 SqFt
- Rooms
- 3 Beds + 1 Baths
Reduced
Miami
$ 995,000
227 Nw 33rd St
Miami, FL 33127
- Type
- Single Family
- Size
- 672 SqFt
- Rooms
- 2 Beds + 1 Baths
Reduced
Miami
$ 1,300,000
213 Nw 34th Ter
Miami, FL 33127
- Type
- Single Family
- Size
- 1,594 SqFt
- Rooms
- 2 Beds + 1 Baths
Miami
$ 1,250,000
67 Nw 34th St
Miami, FL 33127
- Type
- Single Family
- Size
- 1,920 SqFt
- Rooms
- 2 Beds + 1 Baths
Reduced
Miami
$ 1,300,000
264 Nw 33rd St
Miami, FL 33127
- Type
- Single Family
- Size
- 2,657 SqFt
- Rooms
- 5 Beds + 3 Baths
Views
Miami
$ 1,200,000
50 Nw 34th Ter
Miami, FL 33127
- Type
- Single Family
- Size
- 1,583 SqFt
- Rooms
- 3 Beds + 2 Baths
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Data Last Updated: September 21, 2026 1:48 AM UTC
