DEVONSHIRE PARK SUB

591 NW 34th St, Miami FL 33127

Closed

$1,200,000

6.90%

Est. Payment $6,387/mo

MLS Sheet Video

176

Days on Market

Description

5,153 sq lot. 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#
A11872733
Subdivision
DEVONSHIRE PARK SUB
Property Type
Land/Boat Docks
Property Sub Type
Residential
Year Built
Lot Size
4,792 ft²
Sq. Ft.
Sq. Mt.
Price per sq. ft.
Price per sq. mt.
Stories
Garage
Pool
Days on Market
176 days
Listed
Sep 4, 2025
Last Updated
Mar 18, 2026
Price/Lot Sq.Ft.
$250/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).

3/18/2026Sold$1,200,000
12/2/2025Price change$1,200,000-6.9%
9/4/2025Listed 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

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