251 Northwest 34th Terrace

Miami, FL 33127

$1,990,000
Price
Beds
2,784 Sq. Ft.
$715 / Sq. Ft.
2,784
Sq. Ft.
$715
per Sq. Ft.

Description

A rare investment opportunity in Wynwood, this legal fourplex offers great potential and development options. With the 40-year recertification completed, it’s ready for the next owner. Zoned T4, it allows up to 16 units across three stories with no parking requirements if contributing to the parking fund. The property features ample parking and a common area that could be converted to a coin laundry. Tenants are month-to-month, offering flexibility. Located near Wynwood's shops, restaurants, and...A rare investment opportunity in Wynwood, this legal fourplex offers great potential and development options. With the 40-year recertification completed, it’s ready for the next owner. Zoned T4, it allows up to 16 units across three stories with no parking requirements if contributing to the parking fund. The property features ample parking and a common area that could be converted to a coin laundry. Tenants are month-to-month, offering flexibility. Located near Wynwood's shops, restaurants, and art scene, this property promises excellent returns. Being sold or as a portfolio along with 270 NW 34th Ter Miami, FL 33127 and 241 NW 34th Ter Miami, FL 33127.
  1. Listed by Sherry Lebowitz • Lifestyle International Realty

Property Details for 251 Northwest 34th Terrace

Subdivision
WYND WOOD PARK
Style
Fourplex
Waterfront
No
Area
31
Auction
No
Num Stories
2
Sq Ft Total
2784
Sq Ft Liv Area
2784.0
LISTING UPDATED: 12/20/2024 03:00 PM

Property Details for 251 Northwest 34th Terrace

StatusActive
MLS #A11711589
Days on Market1
Taxes$15,524 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family Income / Fourplex
Year Built1926
Lot Size-
CountyMiami-Dade County

Building Information for 251 Northwest 34th Terrace

Stories-Residences-Year Built1926Building Size-Lot Size-

Property Information for 251 Northwest 34th Terrace

Location Information
Location Information
  • Parcel Number Free Text: 01-31-25-019-0680
  • Parcel Number MLX: 0680
  • MLS Area: 31
  • Municipal Code: 1
  • Township Range: 31
  • Section: 25
  • Subdivision Number: 19
  • Subdivision Complex Bldg: WYND WOOD PARK
  • Zoning Information: 3900
General Information
Parking
  • Num Parking Spaces: 4
General Information
  • Property Type Information: Other
  • Lot Description: Less Than 1/4 Acre Lot
Additional Property Information
Utilities
  • Heating Description: No Heat
  • Cooling Description: Central Cooling
  • Sewer Description: Municipal Sewer
  • Separate Meter: Yes
  • Cable Available: Yes
Additional Property Information
  • Guest Accommodations: No
  • Rent Includes: Water
Financial Information
Financial Information
  • Total Mortgage: $920,000
  • Type of Association: None
  • Flood Zone: X
  • Tax Year: 2023
  • Tax Information: Tax Reflects No Exemptions
  • Information Available: None, Other Available Information

Property History for 251 Northwest 34th Terrace

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 251 Northwest 34th Terrace

Taxable ValueLand$625,000Additions$140,530Total$765,530
Tax Record2023$8,850 ($738 / month)
Home Facts
Total Finished SqFt2,784 SqFtAbove Grade Finished SqFt2,784 SqFtStories2Lot Size5,000 SqFtStyleMulti-Family Dwelling (2-4)Year Built1926Zoning3900:MULTI-FACountyMIAMI-DADEAPN01-3125-019-0680

Schools near 251 Northwest 34th Terrace

This home is within Miami-Dade County Public Schools.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - PK to 8
Public - 6 to 8
Public - 9 to 12
Rating
School
Distance
Eneida M. Hartner Elementary School
PublicPK to 5

Jose De Diego Middle School
Public6 to 8

Robert Morgan Voc-Tech Institute
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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251 Northwest 34th Terrace is a multi-family home for sale in Miami, FL 33127. This listing's school district is Miami-Dade County Public Schools. Nearby schools include Eneida M. Hartner Elementary School, Air Base K-8 Center for International Education and Jose De Diego Middle School. 251 Northwest 34th Terrace is a 0-bed, 0-bath, 2,784 sqft multi-family home built in 1926.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Lifestyle International Realty

Based on information from one of the following Multiple Listing Services: Beaches Multiple Listing Service, Inc., Martin County REALTORS® of the Treasure Coast, Inc., Miami Association of REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Beaches Multiple Listing Service, Inc., Martin County REALTORS® of the Treasure Coast, Inc., Miami Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.