605 NW 34th Ave, Miami, FL 33125
- 5,334 sqft
Multi-Family Home
Built in 1963
—— sqft lot
—— car garage
$319/sqft
Listed 16 days ago
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
- Listing Status:
- Active
- Date Added:
- March 20, 2026
- Data Last Updated:
- April 5, 2026 at 5:07PM
- Listing Office:
- Fausto Commercial Realty Consultants Inc : 786-748-7373
- Listing Agent:
- Miguel Fuentes : 305-915-3492
- MLS ID:
- A11988951
- Style: Detached
- Parking: Parking spaces: 7
- Roofing: Shingle
- General: Concrete Block Construction2
- Originating MLS: Miami Association of REALTORS®
- County: Miami-Dade County
- Zoning: 5700TWELFTH STREET MANORS PB 5-59 LOT 5 & LOT 6 BLK 41 LOT SIZE 100.000 X 104 OR 20125-4684 01 2002 101-41-04-023-4150
- Sewer: Public Sewer
- Source: Miami Association of REALTORS®
This listing courtesy of Miguel Fuentes , Fausto Commercial Realty Consultants Inc
Monthly Payment
- Principal & Interest $
- Property Taxes $
- Home Insurance $
- VA Funding Fee $
Location
Schools Nearby
Kensington Park Elementary School
711 NW 30th Ave, Miami, FL, 33125
Grades PK-5
0.51 miles away
Kinloch Park Middle School
4340 NW 3rd St, Miami, FL, 33126
Grades 6-8
1.02 miles away
Green Springs High School
3555 NW 7th St, Miami, FL, 33125
Grades 9-12
0.13 miles away






