Home » Miami » 251 NW 34th Ter, Miami, Florida 33127 | A11332490

251 NW 34th Ter, Miami, Florida 33127 | Sold

$1,250,000
closed for a price of $1,150,000

Property Highlights

Listing ID A11332490 Status of this Listing: Closed Sold Property Type Residential Income (Multifamily 2-4) Fourplex (Quadruplex) Living Space 2,784 Sqft/258.64 m2 approx. Building Area 2,784 Sqft/258.64 m2 approx. Year Built 1926 Time of this property from published date until Closing Date 127 Days
12 Photos of this Property

251 NW 34th Ter, Miami, Florida 33127

Property Description: 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.

Useful Info

Contingency:No Contingencies
Previous Asking Price:$1,350,000
Original List Price:$1,150,000
Close Price:$1,150,000

Lease Details

Rent Includes:
  • Water

Land Lot (Parcel) Details

Lot Features:
  • < 1/4 Acre
Lot Size Unit:Square Feet

Construction

Year Built Details:
  • Resale
Architectural Style:
  • Fourplex
Levels:Two
Construction Materials:
  • Block
Flooring:
  • Tile
Stories:2

Property Features

Waterfront:No
Roof:
  • Flat
Air Conditioning:Yes
Air Conditioning System:
  • Central Air

Taxes and Expenses

Tax Annual Amount:$5,775

Property Tax Notice for Buyers: Do not rely on the current property taxes paid by the seller, as your tax liabilities may increase following the sale. Transferring ownership or making improvements to the property often triggers tax reassessments, which could raise the amount you owe. If you have questions regarding property valuation, please contact the County Property Appraiser’s Office.

Tax Year:2022

Terms

Documents Available:
  • Rent Rolls
Listing Terms Considered by Seller:
  • Cash
Occupant Type:
  • Tenant
Buyer Possession:
  • Closing & Funding
Buyer Financing:
  • Conventional
Lease Considered:No

Community

Subdivision Name:WYND WOOD PARK
Senior Community:No

Parking

Parking Total Spaces:4
Covered Spaces:0

Utilities

Sewer:
  • Public Sewer
Utilities Available:
  • Cable Available

More Details

Other Information:
Tax Information: Tax Reflects No Exemptions
Buyer Country of Residence: Unknown/Withheld
Flood Zone : X
Type of Association: None
Style: Fourplex
FEMA Flood Zone Designations: X
Municipal Code: 1
Subdivision Number: 19

Zoning and Legal

Tax Legal Description:WYNDWOOD PARK PB 5-23 LOT 15 BLK 4 OR 13193-1334 0287 1
Real Estate Folio Number (Parcel Number):01-31-25-019-0680
Zoning Description:5700
Public Survey Township:1
Public Survey Range:31
Public Survey Section:25

Listing History

Update/EventDate/Days
Published Date:January 24, 2023 12:00 am
On Market Date:January 24, 2023
Close Date:May 31, 2023
Price Change Date Time:March 16, 2023 3:54 pm
Last Important Update Description:Closed
Date and Time of Last Important Update:June 1, 2023 4:27 pm
Status Last Changed:June 1, 2023 4:27 pm
Photos Last Modified:March 7, 2023 7:58 pm
Last Modified:June 1, 2023 8:27 pm
Days on the Market (updated on Last Modified*):70
Cumulative Days on the Market (updated on Last Modified**):244

Additional Information

Lot Size Range:Less Than 1/4 Acre Lot
Number of Photos Count:12
Area:31
Ref ID:1032881376
Courtesy of:All Realty Management, LLC.
Universal Property Id:US-12086-N-0131250190680-R-N

Location

Show Property Address:Yes
Street Name:34th Ter
Street Number:251
Street Direction Prefix:NW
Street Address:251 NW 34th Ter
City : Miami
State : Florida
Zip Code : 33127
County : Miami-Dade County
Full Address:251 NW 34th Ter, Miami, Florida 33127
Latitude:N25° 48' 32.7''
Longitude:W81° 47' 58.4''

Neighborhood

Postal City:Miami

Property Map