Map of Property

244 NW 34th St

244 NW 34th St, Miami, FL 33127

  • For Sale $2,400,000
  • Property Type Multi-Family
  • Property Size 5,000 SF
  • Units 8
  • Cap Rate % 5.19
  • Additional Rent Contact for pricing
  • Year Built 1925
  • Date Updated Jul 22, 2024

This 8-unit multifamily building in Miami's trendy Wynwood Norte offers a unique investment chance for $2.4 million. The location boasts vibrant street art, diverse restaurants, and exciting nightlife, with high-end shops and beaches nearby.Recent zoning changes by the city allow for significantly denser development, making the property highly attractive for potential future expansion. Additionally, the building offers immediate returns with a 5.19% cap rate and the potential for even higher returns (6.50%) based on projected rents.Whether you choose to keep the current setup or explore redevelopment opportunities, this property positions you to capitalize on Wynwood Norte's booming cultural and entertainment scene.

 

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Contacts

broker

Marcelo L. Merlo Is this you?

Global Investment Properties

Location

Getting Around

  • Walk Score ®

    95/100 Walker's Paradise

  • Transit Score ®

    53/100 Good Transit

  • Bike Score ®

    76/100 Very Bikeable
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  • City Miami, FL
  • Neighborhood Wynwood
  • Zip Code 33127
  • Market Miami

Points of Interest

  • Santa Clara

    1.25 miles

  • School Board

    1.35 miles

  • Adrienne Arsht Center

    1.48 miles

  • Freedom Tower

    1.99 miles

  • Wilkie D. Ferguson, Jr.

    2.03 miles

  • College North

    2.06 miles

  • Miami Avenue

    2.42 miles

  • Third Street

    2.51 miles

  • Fifth Street

    2.72 miles

  • Eighth Street

    2.88 miles

  • Tesla Supercharger

    0.57 miles

  • BP

    0.71 miles

  • Shell

    0.75 miles

  • Marathon

    0.86 miles

  • ChargePoint Charging Station

    1.02 miles

  • Biscayne Gas

    1.48 miles

  • Shell

    1.71 miles

  • Chevron

    1.99 miles

  • Valero

    2.45 miles

  • Chevron

    2.56 miles

  • CITY VIEW GARAGE

    0.47 miles

  • Museum Garage

    0.57 miles

  • PALM COURT GARAGE

    0.59 miles

  • PARADISE PLAZA GARAGE

    0.68 miles

  • Highland Professional Building

    1.21 miles

  • North Parking Garage

    1.24 miles

  • Baskon Palmer Private Parking

    1.25 miles

  • Park Plaza East

    1.28 miles

  • Park Plaza West

    1.49 miles

  • Dominion Tower Parking Garage

    1.56 miles

  • Hyde Midtown Miami

    0.51 miles

  • Hampton Inn & Suites Miami Midtown

    0.64 miles

  • AC Hotel by Marriott Miami Midtown

    0.65 miles

  • Wishes Biscayne Motel

    0.66 miles

  • Mare Azur Design District Luxury Apartments

    0.91 miles

  • Opera Suites & Marina

    1.34 miles

  • Bayside Motor Inn

    1.35 miles

  • Hilton Miami Downtown

    1.39 miles

  • Doubletree by Hilton Grand Hotel Biscayne Bay

    1.43 miles

  • Travelodge by Wyndham Miami Biscayne Bay

    1.45 miles

  • Bakan Wynwood

    0.33 miles

  • Rubio's

    0.39 miles

  • Wynwood Diner

    0.44 miles

  • Pride and Joy BBQ

    0.45 miles

  • Jugofresh

    0.45 miles

  • Harry's Pizzeria

    0.45 miles

  • Wynwood Kitchen & Bar

    0.46 miles

  • Serendipity

    0.46 miles

  • Morgan's

    0.46 miles

  • Mmmm

    0.47 miles

  • Shores School

    0.14 miles

  • Palm Springs Presbyterian Kindergarten

    0.15 miles

  • Young Men's Preparatory Academy

    0.21 miles

  • ABC Day Care Center

    0.23 miles

  • Eneida Masses Hartner Elementary School

    0.25 miles

  • Jose de Diego Middle School

    0.29 miles

  • Aspira Eugenio Maria De Hostos School

    0.33 miles

  • Ebenezer Christian Academy

    0.37 miles

  • Corpus Christi School

    0.56 miles

  • Heritage School

    0.58 miles

  • Ball of Fire Paradise Day Care Center

    0.48 miles

  • Kidco Child Care Center Number 3

    0.54 miles

  • Moore Park Day Care Center

    0.61 miles

  • Kidco Learning Center

    0.68 miles

  • Cherish Child Center

    0.75 miles

  • Village Fresh Start Day Care Center

    0.79 miles

  • Deas Day Care Center

    0.84 miles

  • Marks Day Care Center

    0.84 miles

  • Flowers Day Care Center

    0.85 miles

  • Saint Agnes Rainbow Village Family Development Center

    0.87 miles

Frequently Asked Questions

How much does 244 NW 34th St cost?

The space currently listed for sale at 244 NW 34th St asks for $2,400,000.

What is the total square footage of 244 NW 34th St?

244 NW 34th St totals 5,000 square feet.

When was this property built?

244 NW 34th St was built in 1925.

Looking for more in-depth information on this property?

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Contact Listing Broker

broker

Marcelo L. Merlo Is this you?

Global Investment Properties