Interior
- Bedrooms
- 3
- Bathrooms
- 2
- Living area
- 1,583 sq ft
Active · SingleFamilyResidence
$1,200,000
50 NW 34th Ter, Miami, FL 33127
- Beds
- 3
- Baths
- 2
- Living area
- 1,583 sq ft
- $ / sq ft
- $758/sq ft
- Year built
- 1925
- Lot size
- 5,300 sq ft
- HOA fee
- —
- Annual tax
- —
About this property
Fantastic development opportunity in coveted Wynwood / Midtown corridor! This rare T4R-zoned 5,300 sf lot allows up to 3 floors, 70 percent coverage, zero parking requirements under Miami 21. The existing 3 bed / 2 bath home with fenced yard can be rented now while plans progress. Perfectly positioned just steps from the Wynwood Arts District, Design District, galleries, trendy dining, shopping, and major transit corridors. Don’t miss this chance to build high-density or hold as income property in one of Miami’s hottest zones.
Property location
Get Directions50 NW 34th Ter, Miami, FL 33127
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Facts & features
Exterior & Structure
- Property type
- SingleFamilyResidence
- Year built
- 1925
- Lot size
- 5,300 sq ft
Parking
Not provided in the MLS listing.
HOA, Community & Financials
- County
- Miami-Dade
- MLS listing ID
- A11824795
- Listing status
- Active
Investment intelligence
Yield & ROI calculator
Pre-filled from this listing's price, HOA and tax record. Adjust anything to see returns update instantly.
Estimated monthly cash flow
-$2,755
- Cap rate
- 2.9%
- Net yield
- 2.9%
- Cash-on-cash return
- -9.8%
- Gross yield
- 6.1%
- Mortgage payment
- $5,689/mo
- Down payment
- $300,000
- Loan amount
- $900,000
- Annual NOI
- $35,209
Estimates only — includes 5% maintenance reserve and ~3% closing costs in cash invested. Verify taxes, HOA and insurance before making an offer.