$700,000
SOLD JUN 18, 2025

235 NW 34th Terrace Miami, FL 33127

Wynwood Neighborhood
0.1 Acre
$7,000,000 Price per Acre
5,000 Sq Ft Lot

Recently Sold

$565 Per Sq Ft

134 Days on Market

About This Lot

As of June 2025

Exceptional Development Opportunity in Wynwood Norte – 235 NW 34 Terrace! Unlock the potential of this prime 5,000 square foot lot at 235 NW 34 Terrace, situated in the vibrant Wynwood Norte neighborhood of Miami. This property offers an outstanding investment opportunity, especially for those interested in the Wynwood Norte Public Benefits Program. Zoned T4-R, the lot allows for various residential developments. The Wynwood Norte Public Benefits Program provides additional incentives, including potential density bonuses and streamlined permitting. Seize this unique chance to invest in one of Miami's most dynamic areas. Whether developing single-family homes or multi-unit dwellings, this property is primed for success!

Last Agent to Sell the Property

Wesley Ulloa

Luxe Properties License #3192493 Listed on: 02/04/2025

Luxe Properties

Co-Listed By

Bianca Guevara

Luxe Properties License #3300298

Last Buyer's Agent

Jonathan Blum Kurtz

Compass Florida, LLC License #3628498

Compass Florida, LLC

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $4,254

Lot Details

  • 5,000 Sq Ft Lot
  • Lot Dimensions are 50x100
  • Property is zoned 3900

Location

  • City Lot

Community Details

  • No Home Owners Association
  • Wynd Wood Park Condos
  • Wynd Wood Park Subdivision

Listing and Financial Details

  • Assessor Parcel Number 01-31-25-019-0700

Property Details

Property Type

Land

Est. Annual Taxes

$4,254

Lot Details

0

Listing Details

  • Property Type: Commercial Land
  • Co List Office Mls Id: LMPR01
  • Co List Office Phone: 305-809-7650
  • Horses: No
  • Lot Size Acres: 0.1
  • Lot Size: 50x100
  • New Construction: No
  • Road Frontage Type: Other Road
  • Subdivision Name: WYND WOOD PARK
  • Special Features: VirtualTour
  • Property Sub Type: LotsLands

Interior Features

  • Possible Use: Investment, Other Plan Use

Exterior Features

  • Lot Features: City Location, Less Than 1 Acre
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Park Building Name: WYND WOOD PARK

Utilities

  • Sewer: Public Sanitation
  • Water Source: Municipal Water
  • Utilities: Other Utilities Available, Sewer Available, Water Available

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel Number: 01-31-25-019-0700
  • Current Use: Other Usage, Other Style
  • Lot Size Sq Ft: 5000
  • Zoning: 3900

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 4254

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 4, 2025
Closed on
Jun 23, 2025
Sold by
Natal Mercedes
Bought by
Quadra 235 Lllp
Seller's Agent
Bianca Guevara
Luxe Properties
Buyer's Agent
Jonathan Blum Kurtz
Compass Florida, LLC
List Price
$849,000
Sold Price
$700,000
Premium/Discount to List
-$149,000
-17.55%
Views
15

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
233.46%
Original Mortgage
$532,265
Outstanding Balance
$532,265
Interest Rate
6.81%
Mortgage Type
Construction
Estimated Equity
$276,577
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $700,000 Capital Title Group
Warranty Deed $700,000 Capital Title Group
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $532,265 Construction
Closed $532,265 Construction
Previous Owner $367,500 Reverse Mortgage Home Equity Conversion Mortgage
Previous Owner $74,000 Stand Alone First
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/18/2025 06/18/25 Sold $700,000 -12.5% $740 / Sq Ft
02/22/2025 02/22/25 Price Changed $799,900 -5.8% $846 / Sq Ft
02/04/2025 02/04/25 For Sale $849,000 -- $897 / Sq Ft
Source: MIAMI REALTORS® MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $4,312 $137,003 -- --
2024 $4,254 $126,225 -- --
2023 $4,254 $116,355 $0 $0
2022 $3,196 $110,961 $0 $0
2021 $2,853 $102,334 $0 $0
2020 $1,801 $166,799 $0 $0
2019 $1,684 $150,654 $0 $0
2018 $1,800 $176,441 $0 $0
2017 $1,492 $75,484 $0 $0
2016 $1,316 $70,117 $0 $0
2015 $1,286 $65,491 $0 $0
2014 $1,087 $61,253 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11738661

MIAMI REALTORS® MLS

APN: 01-3125-019-0700