$1,040,000

Duplex In Miami

  • 1,576 Sqft
  • Updated: June 16
  • Source:
    MIAMI REALTORS MLS  MLS#A11711586

About the Property

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
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.
  • Property type

    Apartment

  • Floors

    2

  • Year built

    1939

  • Price/sqft

    $659

Features

  • Duplex
  • Parking

Explore the Area

241 NW 34th Ter, Miami, Florida, United States View on Google Maps
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Lifestyle International Realty - Miami Lakes

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Lifestyle International Realty - Miami Lakes
Florida, United States
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2025
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Lifestyle International Realty - Miami Lakes
Miami Lakes, Florida, United States
View agency profile
Last updated
June 16
First listed
Feb 13
Listing reference
A11711586
Listing status
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