268 NW 34th St - Apartments FOR SALE


Miami, FL 33127- Wynwood
$3,800,000 USD
305-510-6627
268 NW 34th St, Miami, FL for Sale
$3,800,000 USD
Apartments - FOR SALE
1/92
null | Request Cap Rate

268 NW 34th St
Miami, FL 33127
Wynwood


HIGHLIGHTS

  • 10 Units
  • 6,864 square foot lot
  • Great Wynwood location

OVERVIEW

Wynwood34 Apartments is a fully renovated 10-unit short-term rental property operating as a highly successful Airbnb in the heart of Wynwood Norte, Miami’s most dynamic and fast-growing neighborhood. This turnkey building generates over $515,000 in annual revenue after taxes, translating to an impressive annual NOI of approximately $370,000, and an attractive cap rate of 9.7% at the current offering price of $3,800,000. The property offers a unique combination of historic charm and modern upgrades, including central HVAC, hurricane impact windows, stainless steel appliances, and a secure gated courtyard. Situated in Wynwood Norte, guests enjoy walking access to Miami’s most vibrant cultural hub — famous for its colorful murals, world-renowned Wynwood Walls, breweries, art galleries, top restaurants, and nightlife. This is a rare opportunity to acquire a fully operational, cash-flowing Airbnb asset with significant redevelopment upside, supported by favorable T4-R & NRD-2 zoning, allowing future repositioning or expansion.

FOR SALE DETAILS

PRICE

$3,800,000 USD

PRICE/SF

$682 USD /SF

# OF UNITS

10

PRICE/UNIT

$380,000

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1925

PARKING SPACES

4

LAND DETAILS

LAND ACRES

0.16 AC

LAND SF

6,864 SF

ZONING

T4-R & NRD-2

APN/PARCEL ID

01-3125-019-1760

ASK ABOUT THIS PROPERTY

Vicente RodriguezFausto Commercial Realty ConsultantsMore Info
305-510-6627

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Vicente RodriguezFausto Commercial Realty ConsultantsMore Info
305-510-6627

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.