241 34th Ter ,Detached, Duplex, Wynd Wood Park for Sale

241 34th Ter for Sale

Price $1,040,000.00

• Lot size 1680
• Year Build 1939
• Waterfront
• Zip 33127
• Style Detached
• Parking Description
• Pool Yes
• Status Active

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.

WYNDWOOD PARK PB 5-23 LOT 16 BLK 4 OR 15022-1087 0291 4 COC 26141-3266 01 2008 5

Less Than 1/4 Acre Lot

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.

City:Miami,Zoning:3900,Cooling:1:Electric,List A O R:A-Miami Association of REALTORS,Stories:2,Tax Year:2023,Latitude:25.8090218,Cooling Y N:1,Heating Y N:1,List Price:1040000,Listing Id:A11711586,Longitude:-80.2002883,Mls Status:Active,Year Built:1939,Living Area:1576,Postal Code:33127,Street Name:34th Ter,Coordinates:1:25.8090218,Photos Count:19,Building Name:WYND WOOD PARK,Days On Market:328,Lot Size Units:Square Feet,M I A M I R E_ Area:31,M L S Area Major:Wynd Wood Park,On Market Date:2024-12-20,Parcel Number:01-31-25-019-0690,Parking Total:4,Property Type:Residential Income,Rent Includes:1:Electricity,2:Hot Water,3:Pest Control,4:Trash Collection,5:Water,Stories Total:2,Street Number:241,M I A M I R E_ Style:Duplex,Public Remarks: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.,County Or Parish:Miami-Dade County,Expiration Date:2027-02-03,List Office Name:Lifestyle International Realty,Standard Status:Active,Living Area Units:Square Feet,Major Change Type:Price Decrease,Postal Code Plus4:3432,Property Sub Type:Duplex,State Or Province:FL,Street Dir Prefix:NW,Subdivision Name:WYND WOOD PARK,Tax Annual Amount:17639,Unparsed Address:241 NW 34th Ter, Miami FL 33127,Listing Agreement:Exclusive Right To Sell,Year Built Details:Resale,Building Area Total:1680,Building Area Units:Square Feet,Leasable Area Units:Square Feet,M I A M I R E_ Flood Zone:X,M I A M I R E_ L P Amt Sq Ft:659.8985,Original List Price:1990000,Previous List Price:1140000,Public Survey Range:31,Documents Available:1:Other Available Information,I D X Participation Y N:1,M I A M I R E_ Last Status:Pending,M I A M I R E_ N A R Rules Y N:1,Syndication Remarks: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.,Listing Contract Date:2024-12-20,Originating System I D:miamire,Public Survey Section:25,Showing Instructions:Lockbox-Call List Agent,Showing Assist,Street Number Numeric:241,Tax Legal Description:WYNDWOOD PARK PB 5-23 LOT 16 BLK 4 OR 15022-1087 0291 4 COC 26141-3266 01 2008 5,M I A M I R E_ Current Price:1040000,Public Survey Township:31,M I A M I R E_ Municipal Code:1,M I A M I R E_ Total Mortgage:1000000,Originating System Name:Miami Association of REALTORS®,M I A M I R E_ Adjusted Area S F:1424,M I A M I R E_ Internet Remarks:Approved Short Sale. Fully Remodeled & Income-Producing Duplex in Wynwood with 13 units potential.,M I A M I R E_ Parcel Number M L X:0690,M I A M I R E_ Separate Meter Y N:1,M I A M I R E_ Showing Time Flag:1,M I A M I R E_ Street View Param:1$25.809026$-80.200267$332.61$13.33$1.00$sAtfe8F3nEpxHWoj2MLmNw,Contract Status Change Date:2024-12-20,Internet Address Display Y N:1,M I A M I R E_ Cable Available Y N:1,Number Of Units In Community:2,M I A M I R E_ Ok To Advertise List:Yes - Attribution NOT Required,M I A M I R E_ Subdivision Number:19,M I A M I R E_ Agent Alternate Phone:305-496-0687,Internet Entire Listing Display Y N:1,M I A M I R E_ Address Internet Display:241 NW 34th Ter,M I A M I R E_ R A T I O_ Current Price_ By_ S Q F T:659.9,