WorkspaceDiscoverMultifamily · Miami · Miami-Dade County
241 NW 34th Ter, Miami
Leased duplex offered as a short sale. The opening remarks now say unapproved, while the highlights still say approved. Lender approval and sale terms remain unresolved.
Recorded status: Public listing page: active; unit-count conflict. Checked: .
Dated listing record · recheck availability and legal unit count.
- Asking price
- $960,000
Monthly rent · Scenario: Not reported
Assumptions behind these estimates
Starting values for this brief. Change any of them in the interactive brief; your changes stay in your browser. Default values
| Input | Value | Basis |
|---|---|---|
| Total scheduled rent per month | Not set | Needs your estimate |
| Vacancy (%) | 5% | Matches planning allowance |
| Management (% of collected rent) | 8% | Matches planning allowance |
| Maintenance (% of total rent) | 5% | Matches planning allowance |
| Buyer annual tax assumption (% of price) | 2% | Matches planning allowance |
| Annual insurance | $6,425 | Matches planning allowance |
| Annual owner-paid utilities | $2,400 | Matches planning allowance |
| Monthly HOA or condo fees | $100 | Matches planning allowance |
| Other annual operating expenses | $1,200 | Matches planning allowance |
| Capital reserves (% of total rent) | 3% | Matches planning allowance |
| Down payment (%) | 100% | Matches planning allowance |
| Mortgage rate (%) | 7% | Matches planning allowance |
- Reported units
- 2
- Reported listing area
- 1,576 sq ft
- Asking / reported sq ft
- $609
Broker info & key considerations To confirm
- Current remarks describe a duplex; older Redfin fields implied three units. The two-unit research scope is retained pending permits and title.
- Published $2,800 unit-type rents do not establish whole-property current income.
- Seller markets potential for 13 units under T4/NRD-2 with a parking-fund contribution; no municipal approval or transferable rights verified.
Source evidence and diligence
Financial figures observed Sep 29, 2026. Reported income is not audited collections. Editable estimates, financing and saved assumptions are separate from these source facts.
Gross rental yield basis
Needs supported whole-property rent or your rent assumption and a positive asking price. Unknown rent is not zero.
Sources
- Zillow / MLS A11711586 · price and short-sale reviewSource observation · Oct 24, 2026
- Source reviewed 29 Sep 2026 · price, status, income and claims; older tax/fee provenance retainedSource observation · Sep 29, 2026
- Listing page on redfin.comWorkbook observation · Sep 22, 2026
Questions to resolve
- Obtain unit leases, tenant estoppels and a trailing 12-month operating statement.
- Verify legal unit count, title, permitted work and possession terms.
- Obtain wind/flood insurance quotes and a buyer property-tax estimate.
- Inspect roof, structure and recertification records; price immediate work.
Similar properties
- 971 79th Ter, Miami Beach: 2-unit multifamily, asking $950,000
- 1565 NW 47th St, Miami: 2-unit multifamily, asking $895,000
- 244 NW 32nd St, Miami: 3-unit multifamily, asking $1,175,000
Florida property research
Research scope includes Miami-Dade, Broward, the Florida Keys and Flagler County. Published observations vary by market.
[1] Gross yield excludes costs and financing. Source figures are unverified; estimates use editable assumptions. Check current listing availability. County records are separate from listings. Saves stay in this browser; export a backup before clearing site data. Sources & methods