605 NW 34th AVE, Miami, FL 33125
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605 NW 34th AVE, Miami, FL 33125
605 NW 34th AVE, Miami, FL 33125
605 NW 34th AVE, Miami, FL 33125
605 NW 34th AVE, Miami, FL 33125
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Sofia Nina

Sofia Nina

+1(754) 277-0580
$ 1,700,000
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605 NW 34th AVE Miami, FL 33125

5,334 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Square Footage 5,334 sqft

Price per Sqft $318

Subdivision 12Th St Manors

MLS Listing ID A11988951

HOA Y/N No

Total Fin. Sqft 5334

Year Built 1963

Annual Tax Amount $16,038

Tax Year 2025

Property Sub-Type Quadruplex

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

Location

State FL

County Miami-dade

Area 2410

Zoning 5700

Interior

Interior Features InteriorFeatures

Heating Central, Separate Meters

Cooling Central Air

Flooring Terrazzo, Tile

Fireplace No

Exterior

Utilities Available Cable Not Available

Roof Type Shingle

Total Parking Spaces 7

Private Pool No

Building

Dwelling Type Multi Family

Story 2

Sewer Public Sewer

Structure Type Block

Schools

Elementary Schools Kensington Park

Middle Schools Citrus Grove

High Schools Miami

Others

Tax ID 0141040234150

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Virtual Tour https://www.propertypanorama.com/instaview/mia/A11988951

BeachesMLS, Inc. (FLR) IDX
Listed by Miguel A Fuentes Fausto Commercial Realty Consultants Inc

NEARBY SCHOOLS & PROPERTIES

Sofia Nina

Sofia Nina

Advisor | License ID: 3524728

+1(754) 277-0580

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605 NW 34th AVE