251 NW 34th Terrace Miami, FL 33127
Wynwood NeighborhoodEstimated payment $7,713/month
Highlights
- No HOA
- Central Air
- 4-minute walk to Roberto Clemente Park
- Tile Flooring
- No Heating
About This Home
Great opportunity in Wynwood to own a 4 plex with tons of potential. This two story duplex has four 2/1 units. With its 40-year recertification complete, it's ready for a new owner to maximize its potential. Zoned T4, the property allows for up to 16 units across three stories with no parking requirements if contributing to the parking fund. Tenants are on a month-to-month basis, providing flexibility for an investor's future plans. Located blocks from Midtown and Wynwood's vibrant shops and restaurants. Also for sale is neighboring duplex, 241 NW 34th terrace, for a great development opportunity.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $15,524
Year Built
- Built in 1926
Parking
- 4 Parking Spaces
Home Design
- Quadruplex
- Flat Roof with Façade front
- Concrete Block And Stucco Construction
Interior Spaces
- 2,784 Sq Ft Home
- 2-Story Property
- Tile Flooring
Utilities
- Central Air
- No Heating
Community Details
- No Home Owners Association
- 4 Units
- Wynd Wood Park Condos
- Wynd Wood Park Subdivision
Listing and Financial Details
- Assessor Parcel Number 01-31-25-019-0680
Map
Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 02/27/2025 02/27/25 | Price Changed | $1,150,000 | -8.0% | $413 / Sq Ft |
| 02/24/2025 02/24/25 | Price Changed | $1,250,000 | -24.2% | $449 / Sq Ft |
| 02/07/2025 02/07/25 | Price Changed | $1,650,000 | -8.3% | $593 / Sq Ft |
| 01/16/2025 01/16/25 | Price Changed | $1,800,000 | -9.5% | $647 / Sq Ft |
| 12/20/2024 12/20/24 | For Sale | $1,990,000 | +73.0% | $715 / Sq Ft |
| 05/31/2023 05/31/23 | Sold | $1,150,000 | -8.0% | $413 / Sq Ft |
| 03/16/2023 03/16/23 | Price Changed | $1,250,000 | -7.4% | $449 / Sq Ft |
| 02/02/2023 02/02/23 | For Sale | $1,350,000 | +17.4% | $485 / Sq Ft |
| 02/01/2023 02/01/23 | Off Market | $1,150,000 | -- | -- |
| 01/24/2023 01/24/23 | For Sale | $1,150,000 | -- | $413 / Sq Ft |
Source: MIAMI REALTORS® MLS
MLS Number: A11711589
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