$1,150,000
SOLD MAY 31, 2023

251 NW 34th Terrace Miami, FL 33127

Wynwood Neighborhood
-- Bed
-- Bath
2,784 Sq Ft
1926 Built

Recently Sold

$413 Per Sq Ft

15% Below List Price

126 Days on Market

Highlights

  • No HOA
  • Central Air
  • 4-minute walk to Roberto Clemente Park
  • Tile Flooring
  • No Heating

About This Home

As of May 2023

Legal Fourplex in Wynwood. 40 Year Recertification completed. These are not easy to find. The existing structure is situated to maximize the lot's parking potential. Common area can be used for parking and coin laundry. This property is not only an ideal investment, but also lends itself for a solid Development Opporturnity as it's Zoned T4.
Build up to 16 units and 3 stories. No parking needed with contribution to parking fund. All tenants are month to month. Property has below market rents with room to grow as is. Financials can be provided upon request. Do Not Contact Tenants. Seller will negotiate Highest and Best Offer.

Last Agent to Sell the Property

Victor Abreu

All Realty Management, LLC. License #3168789 Listed on: 01/24/2023

Last Buyer's Agent

Sherry Lebowitz

Lifestyle International Realty License #3268355

Lifestyle International Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,775

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

  • Rent includes water
  • Assessor Parcel Number 01-31-25-019-0680

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,775

Year Built

Built in 1926

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1926
  • Property Sub Type: Quadruplex
  • Architectural Style: Other
  • Directions: Please use GPS
  • Horses: No
  • New Construction: No
  • Building Stories: 2
  • Structure Type: Quadruplex, Fourplex
  • Subdivision Name: WYND WOOD PARK
  • Year Built Details: Resale
  • ResoPropertyType: ResidentialIncome
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Flooring: Tile
  • Living Area: 2784
  • Possible Use: Unknown/Withheld
  • Stories: 2

Exterior Features

  • Roof: Flat Roof With Facade Front
  • Construction Type: CBS Construction
  • Lot Features: Less Than 1/4 Acre Lot
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Park Building Name: WYND WOOD PARK
  • Total Parking Spaces: 4

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: None
  • Heating Yn: No

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Lot Info

  • Parcel Number: 01-31-25-019-0680
  • Zoning: 5700
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Rent Includes: Water

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 5775

Multi Family

  • Number Of Units In Community: 4

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

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

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Victor Abreu

    Seller's Agent in 2023

    Victor Abreu

    All Realty Management, LLC.

    (786) 298-7240

    2 in this area

    5 Total Sales

    Victor Abreu
    Section Image
  • Sherry Lebowitz

    Buyer's Agent in 2023

    Sherry Lebowitz

    Lifestyle International Realty

    (305) 496-0687

    3 in this area

    103 Total Sales

    Sherry Lebowitz
    Section Image
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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11332490

MIAMI REALTORS® MLS

Florida Miami/Dade County Miami 33127 Wynwood

251 NW 34th Terrace, Miami, FL

This home is located at 251 NW 34th Terrace, Miami, FL 33127 and is currently priced at $1,150,000, approximately $413 per square foot. This property was built in 1926. 251 NW 34th Terrace is a home located in Miami-Dade County with nearby schools including Eneida M. Hartner Elementary School, Jose De Diego Middle School, and Booker T. Washington Senior High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MIAMI REALTORS® MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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