605 NW 34th Ave, Miami FL 33125 — #A11988951
- $1,700,000
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
This listing is courtesy of Fausto Commercial Realty Consultants Inc
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Overview
- Quadruplex
- 5334 sqft
- 1963
- A11988951
Details
Updated on June 5, 2026 at 7:43 pm-
Property ID A11988951
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Price $1,700,000
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Property Size 5334 sqft
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Year Built 1963
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Type Quadruplex
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Property Status For Sale
Address
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Address: 605 NW 34th Ave
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City: Miami
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State/county: Florida
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Zip/Postal Code: 33125
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Area: 12TH ST MANORS
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Country: United States
- JFA Realtors