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.
For sale
Price increase: $140K (6/15)
$1,040,000
241 NW 34th Ter, Miami, FL 33127
4beds
4baths
1,576sqft
Duplex
Built in 1939
-- sqft lot
$-- Zestimate®
$660/sqft
$-- HOA
What's special
Updated plumbingExtremely spacious backyardSeparate entrancesNewer roofImpact windowsModern appliancesGated driveway
- 568 days |
- 117 |
- 6 |
Zillow last checked:
Listing updated:
Listed by:
Sherry Lebowitz 305-496-0687,
Lifestyle International Realty
Source: MIAMI,MLS#: A11711586
Originating MLS: A-Miami Association of REALTORS
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 4
Heating
- Central
Cooling
- Central Air, Electric
Features
- Flooring: Tile
Interior area
- Total structure area: 1,680
- Total interior livable area: 1,576 sqft
Video & virtual tour
Property
Parking
- Total spaces: 4
Features
- Stories: 2
Lot
- Features: Less Than 1/4 Acre Lot
Details
- Parcel number: 0131250190690
- Zoning: 3900
- Special conditions: Short Sale
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Duplex
Materials
- Concrete Block Construction
- Roof: Shingle
Condition
- Year built: 1939
Utilities & green energy
- Sewer: Public Sewer
Community & HOA
Community
- Subdivision: Wynd Wood Park
HOA
- Has HOA: No
Location
- Region: Miami
Financial & listing details
- Price per square foot: $660/sqft
- Tax assessed value: $840,076
- Annual tax amount: $17,639
- Date on market: 12/20/2024
- Listing terms: Cash
Foreclosure details
Estimated market value
Zestimate®
Not available
Estimated sales range
Not available
Rent Zestimate®
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 6/15/2026 | Price change | $1,040,000+15.6%$660/sqft |
Source: | ||
| 4/8/2026 | Pending sale | $900,000$571/sqft |
Source: | ||
| 2/25/2026 | Listing removed | $2,400$2/sqft |
Source: Zillow Rentals Report a problem | ||
| 2/12/2026 | Price change | $2,400-11.1%$2/sqft |
Source: Zillow Rentals Report a problem | ||
| 2/10/2026 | Listed for rent | $2,700$2/sqft |
Source: Zillow Rentals Report a problem | ||
| 1/7/2026 | Listed for sale | $900,000$571/sqft |
Source: | ||
| 8/13/2025 | Pending sale | $900,000$571/sqft |
Source: | ||
| 7/30/2025 | Price change | $900,000-25%$571/sqft |
Source: | ||
| 3/20/2025 | Price change | $1,200,000+4.3%$761/sqft |
Source: | ||
| 2/27/2025 | Price change | $1,150,000-8%$730/sqft |
Source: | ||
| 2/24/2025 | Price change | $1,250,000-24.2%$793/sqft |
Source: | ||
| 2/7/2025 | Price change | $1,650,000-8.3%$1,047/sqft |
Source: | ||
| 1/16/2025 | Price change | $1,800,000-9.5%$1,142/sqft |
Source: | ||
| 12/20/2024 | Listed for sale | $1,990,000+59.2%$1,263/sqft |
Source: | ||
| 11/30/2022 | Sold | $1,250,000-3.8%$793/sqft |
Source: | ||
| 11/26/2022 | Pending sale | $1,300,000$825/sqft |
Source: | ||
| 10/27/2022 | Contingent | $1,300,000$825/sqft |
Source: | ||
| 7/21/2022 | Listed for sale | $1,300,000+333.3%$825/sqft |
Source: | ||
| 11/6/2018 | Sold | $300,000+35%$190/sqft |
Source: Public Record Report a problem | ||
| 5/29/2018 | Sold | $222,300-20.3%$141/sqft |
Source: Public Record Report a problem | ||
| 9/6/2016 | Listing removed | $279,000$177/sqft |
Source: IRG Realty Report a problem | ||
| 8/6/2016 | Listed for sale | $279,000$177/sqft |
Source: IRG Realty Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $17,551 -0.5% | $840,076 -0.3% |
| 2024 | $17,639 -2.7% | $842,562 -0.3% |
| 2023 | $18,131 +144.6% | $845,049 +179.8% |
| 2022 | $7,413 +12.4% | $302,033 +10% |
| 2021 | $6,594 +0.4% | $274,576 +3.1% |
| 2020 | $6,568 +10.8% | $266,420 +10% |
| 2019 | $5,930 +155.6% | $242,200 +180.6% |
| 2018 | $2,320 | $86,311 +6.7% |
| 2017 | $2,320 +35% | $80,876 +6.6% |
| 2016 | $1,719 +21.4% | $75,885 +5.8% |
| 2015 | $1,415 | $71,747 +5.6% |
| 2014 | $1,415 | $67,933 +5.8% |
| 2013 | $1,415 | $64,223 +2.4% |
| 2012 | $1,415 -6.3% | $62,737 -15.5% |
| 2011 | $1,511 -26.5% | $74,239 -22.3% |
| 2010 | $2,057 -23.4% | $95,568 -24.7% |
| 2009 | $2,687 -42.2% | $126,911 +24.5% |
| 2007 | $4,652 +93.4% | $101,960 |
| 2006 | $2,405 | -- |
| 2005 | $2,405 +11.1% | -- |
| 2004 | $2,165 +18.1% | -- |
| 2003 | $1,834 -17.2% | -- |
| 2002 | $2,214 | -- |
| 2001 | $2,214 | -- |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Principal & interest
$1,547Mortgage insurance
$0Property taxes
$170Home insurance
$105HOA fees
$0Utilities
Not includedAll calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: Wynwood - Edgewater
Nearby schools
GreatSchools rating
- 3/10Eneida M. Hartner Elementary SchoolGrades: PK-5Distance: 0.4 mi
- 3/10Jose De Diego Middle SchoolGrades: 6-8Distance: 0.3 mi
- 4/10Booker T. Washington Senior High SchoolGrades: 9-12Distance: 1.6 mi
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- Florida
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- Miami
- 33127
- Wynwood - Edgewater
- 241 NW 34th Ter