345 NW 34th St, Miami FL, 33127

Active

345 NW 34th St

Miami FL, 33127

$2,300,000

$472.67 per sqft

Active

4,866 sqft

Commercial

Built in 1925

Wynwood North Multifamily Develpoment and income producing building. 8 unit building 100% lease with excellent Return on investment. Building was upgrade in 2008 with impact windows, new Ac and water heater. Steady annual income of $181,200 with an option for annual increase in rental bringing the CAP rate to a healthy 6.5%. The zoning is T4-R High Density Multifamily residential. The density of the Lot is 150 Units per Acres with up to 3 Levels and 24 units of new construction, with no parking restrictions. Lot size is 50 w x 143 L . Please call listing agent for more information's on flyer of income and expenses and rent rolls. Investor & developer welcome.

A11682606

MLSⓇ ID

October 25, 2024

Listed

January 14, 2025

Updated

Map

345 NW 34th St
Miami FL, 33127

Interior Features

Total Stories: 2
Floor Description: Ceramic Floor
Fireplace: No
Cooling: No
Heating: Yes
Heating Description: Central Electric

Exterior/Building Features

Lot Size: 0.16 Acres
Lot Features: Central Business District
Roof: Barrel Roof

Other Property Details

Taxes: $13,810
Tax Frequency: Annually
Garage: No
View: No
County: Miami-Dade County
Water Source: Public
Pool: No
Zoning: 3900

Listed by: Brickell Realty Group, LLC
Listing Contact: 786-512-4072

Based on information from the Miami Association of REALTORS®. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.

Data last updated 11:13 PM UTC, 1/14/2025.