Approved Short Sale. Fully Remodeled amp ; Income Producing Duplex in Wynwood with 13 units potential.


Property

Website:https://www.nestseekers.com/4064556
Address:
241 34th Ter
Miami, FL 33127
Ownership: For Sale
Type: Duplex
Area: 1576 sq ft

Financials

Price:$1,040,000
Annual Taxes:$17,639
Real estate tax:$17,639

Description

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.

Amenities

  • CableAvailable
  • LessThanQuarterAcre

Contact

888 Biscayne Blvd # Unit CU9 Miami, FL 33132
Listing Courtesy of Lifestyle International Realty