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244 NW 34th St
Miami, FL 33127 Wynwood

$2,100,000 USD

Apartments For Sale  •  5,804 SF

Property Details

  • Property Type Apartments
  • Total Building Size 5,804 SF
  • Lot Size 0.11 AC
  • Building Class C
  • Year Built 1925
  • Cap Rate 5.49 %
  • Zoning T4
70 Transit Score
90 Walk Score

Highlights

Eight 1BR/1BA units — recently reduced to $2,100,000
5.93% cap rate on actual rents; 7.43% on pro forma rents
Up-zoned to 150 units/acre under Wynwood Norte's 2021 rezoning
No parking required — NRD-2 exempts buildings under 20,000 SF in T4/T5
Steps to the Design District, minutes to Miami Beac
Hold for income or redevelop — zoning supports dense infill

Property Flyers

Cap Rate: 5.49 %

Public Transportation

Commuter RailDriveWalkDistance
Allapattah (Metrorail Green Line - Miami-Dade Transit (Metrorail/Metromover)) 5 min - 1.4 mi
Santa Clara (Metrorail Green Line - Miami-Dade Transit (Metrorail/Metromover)) 5 min - 1.8 mi
AirportDriveWalkDistance
Miami International 22 min - 9.7 mi
Fort Lauderdale/Hollywood International 32 min - 21.5 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 5
Type: Surface
Included in Rent: Yes
Vicente Rodriguez 305-510-6627 Fausto Commercial Realty Consultants
Vicente Rodriguez 305-510-6627 Fausto Commercial Realty Consultants