Quadruplex
605 NW 34th Ave
605 NW 34th Ave, Miami FL 33125
$1,700,000
5,334 SqFt
See estimated monthly costThis listing is courtesy of Fausto Commercial Realty Consultants Inc. Miguel Fuentes
Overview
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
Facts & features
Interior
- Living area (sq ft)
- 5,334
Building & exterior
- Year built
- 1963
Taxes
- Annual tax
- $16,038
- Tax year
- 2025
- Parcel number
- 01-41-04-023-4150
Listing
- MLS number
- A11988951
- Property type
- Quadruplex
- Price per SqFt
- $319
- Subdivision
- 12TH ST MANORS
- On market since
- Mar 20, 2026
- Days on market
- 78
Estimated monthly cost
$11,208 per month
- Principal & interest (30 yr)
- $8,596
- Property tax
- $1,337
- Insurance (estimated)
- $1,275
An estimate for comparison only — not a loan offer, a quote, or a commitment to lend. Actual taxes, insurance and financing terms will differ.
Location
Nearby schools
- Green Springs High School
- Beautiful Beginnings Preschool and Daycare
- Kids Small World Learning Center
- Kensington Park Elementary
- Kensington Park PLC-D
- St Michael the Archangel School
- South Florida Institute of Technology
- Auburndale Elementary PLC-H1
- Auburndale Elementary
- Tiny Learners Preschool 2
- La Progresiva Presbyterian School
- Kinloch Park Elementary
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