Quadruplex in 605 NW 34th Ave Miami for sale with MLS# A11988951
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
605 NW 34th Ave, Miami, FL 33125
- Price:
- $1,700,000.00
- Original List Price:
- $1,700,000.00
- Rent Includes:
- Trash Collection
- Listing Type:
- For Sale
- Status:
- Active
- Listing Category:
- Residential Income (Multifamily 2-4)
- Property Type:
- Fourplex (Quadruplex)
- MLS Number:
- A11988951
- Description of Last Important Update:
- New Listing
- Last Major Update on:
- March 24, 2026 7:25 pm
- Living Area:
- 5,334 Sqft
- Built-Up Area:
- 5,334 Sqft
- Lot Size Unit:
- Square Feet
- Lot Features:
- Less Than Quarter Acre
- Waterfront:
- No
- Air Conditioning
- Air Conditioning System:
- Central Air
- Heating
- Heating System:
- Central
- Year Built:
- 1963
- Year Built Details:
- Effective Year Built
- Roof:
- Shingle
- Architectural Style:
- Fourplex
- Levels:
- Two
- Construction Materials:
- Block
- Flooring:
- Tile, Terrazzo
- Stories:
- 2
- Tax Annual Amount:
- $16,038.00
- Tax Year:
- 2025
- Property Tax Status:
- Tax Reflects No Exemptions
- Parking Total Spaces:
- 7
- Covered Spaces:
- 0
- Sewer:
- Public Sewer
- Utilities Available:
- Cable Not Available
- Subdivision Name:
- 12TH ST MANORS
- Senior Community:
- No
- Documents Available:
- Rent Rolls
- Listing Terms Considered by Seller:
- Cash, Conventional
- Occupant Type:
- Tenant
- Buyer Possession:
- Close Of Escrow, Closing And Funding
- Tax 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
- Real Estate Folio Number (Parcel Number):
- 01-41-04-023-4150
- Zoning Description:
- 5700
- Originally published on:
- March 24, 2026 7:25 pm
- Active on the market since:
- March 20, 2026
- Price change occurred on:
- March 24, 2026 7:25 pm
- Listing Status Last Changed On:
- March 24, 2026 7:25 pm
- Photos updated on:
- March 24, 2026 11:53 pm
- Last Modified:
- March 25, 2026 5:00 am
- Flood Zone:
- X
- Type of Association:
- None
- Style:
- Fourplex
- Municipal Code:
- 1
- Subdivision Number:
- 23
- Courtesy of:
- Fausto Commercial Realty Consultants Inc
- Attribution:
- Not provided
- Street Name:
- 34th Ave
- Street Number:
- 605
- City:
- Miami
- State:
- Florida
- Zip Code:
- 33125
- County:
- Miami-Dade
- Latitude:
- N25° 46' 42.6''
- Longitude:
- W81° 44' 57.3''
- Street Direction Prefix:
- NW
Neighborhood Stats
Source: U.S. Census Bureau, ACS 5-Year Estimates
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