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$1,040,000
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Property 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.
Full Property Details
Full Property Details for 241 NW 34th Terrace
General
- Price: $1,040,000
- Taxes: $17,639 (2023)
- Status: Active
- Type: Duplex
- Source: Greater_Miami
- MLS ID: A11711586
- Updated: 6/15/2026
- Added to Site: 568 day(s) ago
Rental Information
- Rent Includes: Cable TV, Electricity, Hot Water, Pest Control, Trash Collection, Water
Interior
- Flooring: Tile
Parking
- Total Spaces: 4
Location
- Area: Wynd Wood Park
- County: Miami-Dade County
- Subdivision: WYND WOOD PARK
- Building Name: WYND WOOD PARK
Community
- Community Name: Wynd Wood Park
- Units Assoc/Comm: 2
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Central Air, Electric
- Heating Type: Central
Utilities
- Sewer: Public Sewer
Structural Information
- Architectural Style: Detached
- Structure Type: Duplex
- Detached/Attached: Detached
- Construction: Concrete Block Construction
- Roof: Shingle
- Stories/Levels: 2
- Building Size: 1680
- Square Feet: 1,576
- Living Area: 1,576 Sq. Ft.
- Year Built: 1939
Unit Information
- Units in Complex: 2
Lot Features
- Lot Features: Less Than 1/4 Acre Lot
- Zoning: 3900
Financial Considerations
- Price Per Sq. Ft.: $659.9
- Tax Amount: $17,639
- Tax Year: 2023
- Terms: Cash
Disclosures and Reports
- Special Conditions: Short Sale
- Documents Avail.: None, Other Available Information
- Legal Description: WYNDWOOD PARK PB 5-23 LOT 16 BLK 4 OR 15022-1087 0291 4 COC 26141-3266 01 2008 5
- Property ID: 01-31-25-019-0690
Listed by Lifestyle International Realty
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Schools
Schools serving 241 NW 34th Terrace
School District:Dade County School District
| Name | Grades | Distance |
|---|---|---|
Eneida M. Hartner Elementary School 401 Northwest 29th Street, Miami, FL 33127 | PK-5 | 0.4 mi |
Jose De Diego Middle School 3100 Northwest 5th Avenue, Miami, FL 33127 | 6-8 | 0.3 mi |
Booker T. Washington Senior High School 1200 Northwest 6th Avenue, Miami, FL 33136 | 9-12 | 1.6 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 241 NW 34th Terrace
Date
Details
Price
Change
Source
6/15/2026
Price Increased
$1,040,000
15.56%
MLS
7/30/2025
Price Reduced
$900,000
-25%
MLS
3/20/2025
Price Increased
$1,200,000
4.35%
MLS
2/27/2025
Price Reduced
$1,150,000
-8%
MLS
2/24/2025
Price Reduced
$1,250,000
-24.24%
MLS
2/07/2025
Price Reduced
$1,650,000
-8.33%
MLS
1/16/2025
Price Reduced
$1,800,000
-9.55%
MLS
12/20/2024
Listed
$1,990,000
59.2%
MLS
11/28/2022
Sold
$1,250,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 241 NW 34th Terrace
Year
Property Taxes
Change
Tax Assessment
Change
2025
$17,551
—
$840,076
—
2024
$17,639
-3%
$842,562
—
2023
$18,131
175%
$845,049
208%
2021
$6,594
-11%
$274,576
-25%
2022
$7,413
12%
$366,691
29%
2021
$6,594
11%
$285,226
18%
2019
$5,930
156%
$242,200
181%
2018
$2,320
20%
$86,311
-35%
2017
$1,936
13%
$132,079
74%
2016
$1,719
4%
$75,885
6%
2015
$1,657
12%
$71,747
6%
2014
$1,474
3%
$67,933
6%
2013
$1,428
—
$64,223
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 241 NW 34th Terrace
241 NW 34th Ter, Miami, FL 33127 (MLS# A11711586) is a Duplex property with 0 bedrooms and 0 full bathrooms. 241 NW 34th Ter is currently listed for $1,040,000 and was received on December 20, 2024. Want to learn more about 241 NW 34th Ter? Do you have questions about finding other Duplex real estate for sale in Miami? You can browse all Miami real estate or contact a Coldwell Banker agent to request more information.

