605 NW 34th Ave, Miami, FL 33125

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605 NW 34th Ave,Miami, FL 33125
$1,700,000
  • - Beds
  • - Baths
  • 5,334 sq. ft.
  • Multi-family
  • Active
Listed by: miguel fuentes, mauricio villasuso
Office: fausto commercial realty consultants inc
MLS#:A11988951
Source:SEFMLS

Price summary

  • Price:$1,700,000
  • Price per sq. ft.:$318.71

About this home

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...

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Home facts

  • Year built:1963
  • Listing ID #:A11988951
  • Updated:March 25, 2026 at 09:58 AM

Rooms and interior

  • Flooring:Terrazzo, Tile
  • Living area:5,334 sq. ft.

Heating and cooling

  • Cooling:Central Air
  • Heating:Central
  • Central air:Yes

Structure and exterior

  • Roof:Shingle
  • Year built:1963
  • Building area:5,334 sq. ft.
  • Architectural Style:Fourplex
  • Construction Materials:Block
  • Levels:2 Story

Utilities

  • Sewer:Public Sewer

Finances and disclosures

  • Price:$1,700,000
  • Price per sq. ft.:$318.71
  • Tax amount:$16,038 (2025)

Parking

  • Total parking spaces:7
Information deemed reliable but not guaranteed. Information is provided, in part, by Greater Miami MLS. This information being provided is for consumer's personal, non-commercial use and may not be used for any other purpose other than to identify prospective properties consumers may be interested in purchasing.