605 NW 34th Ave, Miami FL 33125,Miami,Miami-Dade County,Residential Income
- $1,700,000
- $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
Overview
- Quadruplex
- 5334 sqft
- 1963
- A11988951
Details
Actualizado en marzo 25, 2026 a 7:27 am-
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
Additional details
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Tamaño del lote 0
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Cantidad de fotos 49
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Nombre de la calle 34th Ave
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Número de la calle 605
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Impuestos Anuales 16038
Address
Open on Google Maps-
Address: 34th Ave
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City: Miami
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State/county: Miami-Dade County
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Zip/Postal Code: 33125
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Area: Nombre del edificio o vecindario 12TH ST MANORS
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