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605 34th Ave, Miami, FL 33125
Offering:
For Sale
Location:
Miami, FL 33125
Subdivision:
12TH ST MANORS
Status:
Active
$1,700,000
Deemed reliable but not guaranteed.
Details
Year built:
1963
Levels:
Two
Stories:
2
Parking:
7 spaces
Style:
Fourplex
Days on market:
5
Annual tax (2025):
$16,038
Type:
Quadruplex
MLS ID
A11988951
Virtual tour:
Listed by:
Fausto Commercial Realty Consultants Inc (FAUS01)
Listing office phone:
786-748-7373
Listing office email:
Listing agent:
Miguel Fuentes (3403804)
Features
Utilities
Available:
Cable Not Available
Sewer:
Public Sewer
Description
Value-add "compound" opportunity featuring a unique 6-unit residential property on an expansive 10,400 Sq. Ft. lot. This property offers a versatile unit mix consisting of a standalone 3-bedroom, 2-bathroom single-family home (built 1948) and a separate two story 5-unit apartment building (built 1963) featuring all 1-bedroom, 1-bathroom layouts. All structures feature solid CBS construction and "great bones," providing the perfect canvas for an investor to renovate and capture massive rental upside.
Current Gross income $97,045
Current NOI $66,255
Strategically located in a high-demand growth pocket, the property is just blocks from the Magic City Casino and the future Miami Freedom Park (Inter Miami Stadium). With immediate access to the 836 Expressway, residents are minutes from Miami International Airport, the Health District, and Downtown Miami. Currently operating with below-market rents, this asset is a prime candidate for a repositioning strategy to maximize yield in one of Miami’s most exciting emerging corridors.
Do not disturb tenants
Price history
$1,700,000 → $1,700,000
· 1 price changes
Location
605 NW 34th AveMiami, FL 33125
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MLS information
Last updated Mar 25, 2026
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