605 NW 34th Avenue, Miami, FL 33125

$1,700,000
5,334
SqFt
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List Price
$1,700,000
Days on Market
139
MLS#
A11988951
Sq. Ft
5,334
Subtype
Quadruplex
County
Miami-Dade
Subdivision
12th St Manors
Year Built
1963
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Property 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 $66,255Strategically 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

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Additional Information

Construction
Block
Cooling
Central Air
Flooring
Terrazzo, Tile
Heating
Central, Separate Meters
Roof
Shingle
Taxes
$16,038
Utilities
Cable Not Available
Stories
2
Price Per Sqft
$318
Elementary School
Kensington Park
Middle School
Citrus Grove
High School
Miami
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Listing courtesy of Fausto Commercial Realty Consultants Inc. Contact:

All listings featuring the BMLS logo are provided by Beaches MLS Inc. Copyright 2026 Beaches MLS. This information is not verified for authenticity or accuracy and is not guaranteed. © 2026 Beaches Multiple Listing Service, Inc. All rights reserved.


Agent: Miguel A Fuentes | Email: miguel.fuentes002@gmail.com