Price Check
How this price compares
- List price
- $1,140,000
- Price per sq ft
- $409
- Original price
- $1,150,000
- Days on market
- 543
This multi-family property in Wynd Wood Park is listed at $1,140,000, or $409 per square foot. The asking price has come down 0.9% from its original $1,150,000. It has been on the market for 543 days.
Estimated monthly payment
$5,991 /mo
Principal and interest only, based on $228,000 down (20%), a 6.875% 30-year fixed rate. Property taxes, homeowners insurance are not included.
Customize this estimateListing Snapshot
- Price
- $1,140,000
- Days on Site
- 543 Days
- Bedrooms
- 0
- Total Baths
- 0
- Living Area
- 2,784 sqft
- Total Sq Ft
- 2,784 sqft
- Year Built
- 1926
- Property Type
- Multi-Family
- MLS #
- A11925609
- Property Tax
- $15,524 (2023)
- Subdivision
- WYND WOOD PARK
- County
- Miami Dade
- Status
- Active
- Special Conditions
- Short Sale
About This Property
Exceptional opportunity to acquire an income-producing duplex in the heart of Wynwood with significant redevelopment potential. Currently fully rented, this property offers immediate cash flow while providing investors and developers the opportunity to capitalize on one of Miami’s fastest-growing neighborhoods. Zoned T4 with the NRD-2 Overlay, the property allows for the development of up to 18 residential units. The neighboring property at 241 NW 34th Terrace allows for up to 13 residential units, creating a unique assemblage opportunity with the potential for a larger-scale development project.Added advantage: develop without on-site parking by contributing to the applicable parking fund, maximizing flexibility. Near Wynwood, Midtown, Design District, Downtown Miami, and major corridors, offering current income plus long-term upside.Property Highlights: Short Sale Opportunity, Fully rented duplex with immediate income, T4 Zoning with NRD-2 Overlay, Development potential for up to 18 units, Adjacent to 241 NW 34th Terrace (up to 13 units), Potential assemblage opportunity, No on-site parking required (parking fund contribution applies), Prime Wynwood location, Minutes to Midtown, Design District, Downtown Miami & I-95, Ideal for investors and developers.Buyer to independently verify zoning, density, development rights, assemblage potential, and parking requirements.
MLS media linkGeneral Features
- Property Type
- Multi-Family
- Status
- Active
- Year Built
- 1926
- Property Condition
- Resale
- Number of Stories
- 2
- Living Sq Ft
- 2,784
- Total Sq Ft
- 2,784
- Structure Type
- Multi Family
- Sewer
- Public Sewer
- Zoning
- 3900
Interior Features
- Cooling
- Central Air
- Heating
- None / Separate Meters
- Flooring
- Tile
Exterior Features
- Construction
- Block
- Roof
- Flat
Community & HOA
- Utilities
- Cable Available
- Financing Terms
- Cash
- MLS Area
- 2310
Schools
- Elementary School
- Eneida Massas Hartner
- Middle School
- Jose De Diego
- High School
- Booker T. Washington
About the Community
Wynd Wood Park is a luxury community in Miami, Miami-Dade County, Florida. Properties are priced from $1,100,000 to $1,600,000. Pure Equity lists homes in Wynd Wood Park and represents buyers. Commission is negotiable, and what we are paid is agreed with you in writing before you commit to anything.
- Homes for Sale
- 25
- Under Contract
- 0
- Median List Price
- $1,200,000
- Median $/Sq Ft
- $748
- Avg Days on Market
- 277
Frequently Asked Questions
- How do I schedule a tour of 251 NW 34th Terrace, Miami, FL 33127?
- Use the Tour button on this listing to request a showing of 251 NW 34th Terrace, Miami, FL 33127. Pick a day and time and choose an in-person or video-chat tour, and a Pure Equity agent will confirm your visit, often the same day.
- Is 251 NW 34th Terrace, Miami, FL 33127 still available?
- 251 NW 34th Terrace, Miami, FL 33127 is currently listed as Active, and has been on the market 543 days. Status updates directly from the MLS as homes go under contract, so ask us to confirm availability before you plan a visit.
- How much is the monthly payment for 251 NW 34th Terrace, Miami, FL 33127?
- With 20% down ($228,000) on the $1,140,000 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 251 NW 34th Terrace, Miami, FL 33127 is about $5,991/mo, before property taxes, insurance. Use the payment estimate on this page to adjust the down payment and rate.
- How do I get pre-approved to buy 251 NW 34th Terrace, Miami, FL 33127?
- Getting pre-approved shows sellers you're a serious buyer and clarifies your true budget before you offer on 251 NW 34th Terrace, Miami, FL 33127. Contact Pure Equity and we'll connect you with a trusted local lender to review your financing options, no obligation.
- What schools serve 251 NW 34th Terrace, Miami, FL 33127?
- 251 NW 34th Terrace, Miami, FL 33127 is zoned for Eneida Massas Hartner (elementary), Jose De Diego (middle), Booker T. Washington (high). School assignments and boundaries can change year to year, so confirm current zoning with the local school district before you buy.
- Can I negotiate the price of 251 NW 34th Terrace, Miami, FL 33127?
- Often, yes. The right offer on 251 NW 34th Terrace, Miami, FL 33127 depends on how it's priced against comparable multi-family sales in Miami, how long it's been listed, and how motivated the seller is. Pure Equity will run the comps and help you craft a competitive, well-supported offer.
Listing courtesy of Lifestyle International Realty
Listing information is provided by BeachesMLS, Inc.and is deemed reliable but not guaranteed accurate by the MLS or Pure Equity. Information is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties. © 2026 BeachesMLS, Inc. Last updated June 23, 2026.
$1,140,000
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Listed by Sherry Lebowitz, Lifestyle International Realty
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Recent Sales
Recently sold homes in Wynd Wood Park
These are the last 4 recorded closings in Wynd Wood Park, with the price each home actually sold for rather than what it was listed at. They closed at a median of $692 per square foot. The most recent closed on June 23, 2026. Closed sales are what an appraiser and a buyer's agent will look at, so they are the starting point for pricing a home here.
Sold$950,000
Sold · June 23, 2026
34 NW 34th Terrace
3 bed · 1 bath · 1,372 sqft · $692/sqft
$150,000 under the asking price
Sold$685,000
Sold · March 24, 2026
260 NW 34th Street
2 bed · 1 bath · 984 sqft · $696/sqft
$80,000 under the asking price
Sold$940,000
Sold · October 31, 2025
71 NW 34th Terrace
0 bed · 0 bath
$160,000 under the asking price
Sold$940,000
Sold · October 15, 2025
71 NW 34th Terrace
0 bed · 0 bath · 2,134 sqft · $440/sqft
$160,000 under the asking price
See every recorded sale in Wynd Wood Park or find out what your Wynd Wood Park home is worth.
