Quadruplex

605 NW 34th Ave

Miami, FL 33125

$1,700,000

Sq ft: 5,334
Year built: 1963
Price per sq ft: $319

Listing courtesy of Miguel Fuentes, Fausto Commercial Realty Consultants Inc

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 Miami’s most exciting emerging corridors.

Do not disturb tenants

Details

Property

Type: Quadruplex
Style: Detached
Building: Fourplex
Year built: 1963
Stories: 2
Building name: 12TH ST MANORS
Subdivision: 12TH ST MANORS
County: Miami-Dade County
Flood zone: X

Interior

Flooring: Terrazzo, Tile
Cooling: Central Air
Heating: Central

Exterior and parking

Construction: Concrete Block Construction
Roof: Shingle

Community and fees

Annual taxes: $16,038
Terms: All Cash, Conventional

Neighborhood

Finding places nearby…

Loading the map…

Places nearby are not available right now.

The data relating to real estate for sale or lease on this website comes in part from the Internet Data Exchange (IDX) program of MIAMI REALTORS® MLS. Listings are provided by participating brokers.

Information is deemed reliable but is not guaranteed and should be independently verified. It is subject to change and is provided for consumers’ personal, non-commercial use only, to identify properties they may be interested in. Listing last updated March 25, 2026.