591 NW 34th St, Miami FL 33127

Closed

$1,200,000

6.90%

Est. Payment $6,387/mo

MLS Sheet Video

1938

Year Built

234

Days on Market

Description

Start construction, not a permitting saga. 591 NW 34 St comes fully approved for a boutique 17-unit apartment building (12 two-bed/one-bath + 5 one-bed/one-bath) with only impact fees left to pay—so you can mobilize quickly, compress your pre-construction timeline, and eliminate entitlement risk. Premium amenities—rooftop terrace and fitness room—are designed to command rent premiums, accelerate lease-up, and reduce vacancy. Property is income-producing today $3,500/mo, helping offset carry while you finalize starts. Just minutes from Midtown, Design District, Wynwood, Edgewater, Brickell, and Miami International Airport, the site sits between I-95 and I-195 with excellent walkability—translating into a deep tenant pool, strong rent growth drivers, and smoother construction logistics.

Facts

MLS#
A11865260
Subdivision
Property Type
Commercial Sale
Property Sub Type
Income/MultiFamily
Year Built
1938
Lot Size
5,153 ft²
Sq. Ft.
Sq. Mt.
Price per sq. ft.
Price per sq. mt.
Stories
Garage
Pool
Days on Market
234 days
Listed
Aug 25, 2025
Last Updated
Apr 20, 2026
Price/Lot Sq.Ft.
$233/ft²

Comparable homes

Same ZIP, similar price + bedrooms.

Market insights for Miami

Live MLS-derived activity. Forecast is a conservative rule-of-thumb estimate — not a guarantee.

Sellers market

May 2026

100/100
Buyers marketSellers market

55

Median days to sold

+4.5%

1-year price forecast (est.)

Price & tax history

From the live MIAMI MLS feed. Older history requires the ListingHistory resource (not yet enabled).

4/20/2026Sold$1,200,000
12/2/2025Price change$1,200,000-6.9%
8/25/2025Listed for sale$1,289,000

History reflects fields present on the live MLS record. Full multi-year history requires the MIAMI ListingHistory resource (not yet enabled).

Location

591 NW 34th St, Miami FL 33127Directions

GreatSchools Summary Ratings

Public + private K-12 schools within 5 miles of this listing.

GreatSchoolsData provided by GreatSchools.org © 2026. All rights reserved.

Estimated Monthly Payment

$7,537/mo

Principal & Interest

$6,387

Property Tax

$1,000

Insurance

$150

HOA

$0

20% ($240,000)
7.00%
30 years
1.00% (FL avg ~1.0%)
$0/mo
$150/mo

Estimates only. Actual payment depends on credit, lender, insurance carrier, and FL/Miami-Dade specifics. Contact Rangely for a precise quote.

Rangely Adames

Rangely Adames

Sales Associate | Sunland Group

Hablo Español

The data relating to real estate for sale on this website comes in part from the Southeast Florida Multiple Listing Service. MLS Data is deemed reliable, but is not guaranteed accurate by MIAMI REALTORS®.

Accuracy of listing information is not guaranteed. Listing information is provided for personal consumer, non-commercial use, solely to identify potential properties for potential purchase. All other use is strictly prohibited and may be a violation of federal and state law.

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