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$1,140,000
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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
Full Property Details
Full Property Details for 251 NW 34th
General
- Price: $1,140,000
- Taxes: $15,524 (2023)
- Status: Active
- Type: Multi-Family
- Source: Martin_County
- MLS ID: A11925609
- Updated: 9/4/2026
- Added to Site: 624 day(s) ago
Parking
- Covered Spaces: 4
- Total Spaces: 4
Location
- Area: 2310
- County: Miami-Dade
- Subdivision: WYND WOOD PARK
Community
- Community Name: 2310
- Assoc. Fees Include: Water
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air
- Heating Type: None
Utilities
- Sewer: Public Sewer
- Utility Description: Sewer Available
Structural Information
- Construction: Block, Concrete
- Roof: Mansard
- Stories/Levels: 2
- Square Feet: 2,784
- Living Area: 2,784 Sq. Ft.
- Year Built: 1926
- Property Condition: Resale
Lot Features
- Zoning: 3900
Financial Considerations
- Tax Amount: $15,524
- Tax Year: 2023
- Terms: Cash
Disclosures and Reports
- Special Conditions: Short Sale
- Legal Description: WYNDWOOD PARK PB 5-23 LOT 15 BLK 4 OR 13193-1334 0287 1
- Property ID: 01-31-25-019-0680
Listed by Lifestyle International Realty
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Schools
Schools serving 251 NW 34th
School District:Dade County School District
| Name | Grades | Distance |
|---|---|---|
Eneida M. Hartner Elementary School 401 Northwest 29th Street, Miami, FL 33127 | PK-5 | 0.3 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 251 NW 34th
Date
Details
Price
Change
Source
12/20/2024
Listed
$1,140,000
3072.57%
MLS
12/16/2019
Sold
$35,933
—
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 251 NW 34th
Year
Property Taxes
Change
Tax Assessment
Change
2025
$9,909
4%
$771,258
—
2024
$9,540
2%
$771,303
—
2023
$9,386
67%
$771,347
165%
2021
$5,605
-12%
$290,596
-25%
2022
$6,357
13%
$387,658
28%
2021
$5,605
14%
$301,995
85%
2019
$4,910
-1%
$162,993
10%
2018
$4,964
20%
$148,176
-29%
2017
$4,140
13%
$209,931
71%
2016
$3,676
7%
$122,460
10%
2015
$3,432
132%
$111,328
66%
2014
$1,480
3%
$67,046
6%
2013
$1,431
—
$63,097
—
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 251 NW 34th
251 NW 34th, Miami, FL 33127 (MLS# A11925609) is a Multi-Family property with 4 units containing 0 bedrooms and 0 full bathrooms. 251 NW 34th is currently listed for $1,140,000 and was received on December 20, 2024. Want to learn more about 251 NW 34th? Do you have questions about finding other Multi-Family real estate for sale in Miami? You can browse all Miami real estate or contact a Coldwell Banker agent to request more information.

