Listed By:
This listing is courtesy of Fausto Commercial Realty Consultants Inc
Address
605 Nw 34th Ave, Miami, FL
Price
$ 1,700,000
Property Attributes
  • MLS#A11988951
  • TypeSingle Family
  • Listing Status Active
  • CountyMiami-Dade
  • CityMiami
  • Area41
  • Neighborhood12TH ST MANORS
  • Zip33125
  • Style
  • Year Built1963
  • Taxes$ 16038
  • Price$ 1,700,000
  • Bedrooms3
  • Full Bathrooms2
  • Half Bathrooms0
  • Sqr Footage5334
Data Source:
Southeast Florida MLS (SEFMLS)
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 $66,255 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
3/24/2026 Listed $1,700,000

General Features

Sewer PublicSewer
Heating Central
Cooling CentralAir
Utilities CableNotAvailable
Possession ClosingAndFunding,CloseOfEscrow
Roof Shingle
Architectural Style Fourplex
Pool Features None
Construction Materials Block
Year Built 1963
Stories Count 2
Levels Two
Property Subtype Quadruplex
Tax Year 2025
County Miami-Dade
Property Type ResidentialIncome
Subdivision Name 12TH ST MANORS
Rent Includes TrashCollection
Full Baths 2
Status Active
City Miami
Zoning Description 5700
Number Of Units Total 1
MLS Area 41
Lot Size Units SquareFeet
Listing Terms Cash,Conventional
Year Built Details Effective Year Built
Tax Annual Amount 16038
Virtual Tour https://www.propertypanorama.com/instaview/mia/A11988951
Standard Status Active
Occupancy Type Tenant
Property Sub Type Additional Quadruplex
PostalCity Miami
Legal Description TWELFTH STREET MANORS PB 5-59 LOT 5 & LOT 6 BLK 41 LOT SIZE 100.000 X 104 OR 20125-4684 01 2002 1

Interior Features

Flooring Terrazzo,Tile
Air Conditioning Y/N true
Heating Y/N true
Total Bedrooms 3

Exterior Features

Lot Features LessThanQuarterAcre
Total Parking 7
Building Area Total 5334
Waterfront Y/N false

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Single Family Average in 33125

Price
AVG $940K
$1.7M
Taxes
AVG $20,074
$16,038
Year Built
AVG 1954
1963

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