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
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Data Last Updated: September 21, 2026 3:13 PM UTC
Palm Beach Board of Realtors MLS® (PBBORMLS) All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers
All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data relating
