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  • Type
  • Quadruplex
  • 5334 Square Feet
  • Area Size
Residential Income Active
605 NW 34th Ave, Miami FL 33125 | Miami-Dade County | A11988951
  • $1,700,000

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

Address

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  • Address: 34th Ave
  • City: Miami
  • State/county: Miami-Dade County
  • Zip/Postal Code: 33125
  • Area: 12TH ST MANORS

Details

Updated on March 25, 2026 at 3:11 am
  • Property ID A11988951
  • Price $1,700,000
  • Property Size 5334 Square Feet
  • Year Built 1963
  • Type Quadruplex
  • Property Status Residential Income

Additional details

  • ArchitecturalStyle Detached
  • BuildingAreaTotal 5334
  • BuildingAreaUnits Square Feet
  • BuildingName 12TH ST MANORS
  • ConstructionMaterials Concrete Block Construction
  • ContractStatusChangeDate 2026-03-20
  • Cooling Central Air
  • DaysOnMarket 5
  • DocumentsAvailable Rent Rolls
  • ExpirationDate 2027-03-02
  • Flooring Terrazzo, Tile
  • Heating Central
  • InternetAddressDisplayYN 1
  • InternetEntireListingDisplayYN 1
  • ListAOR A-Miami Association of REALTORS
  • ListAgentDirectPhone 305-915-3492
  • ListingTerms All Cash, Conventional
  • LotFeatures Less Than 1/4 Acre Lot
  • LotSizeSquareFeet 0
  • MLSAreaMajor 12th St Manors
  • MajorChangeTimestamp March 24, 2026 at 11:25pm
  • MajorChangeType New
  • MlsStatus Active
  • ModificationTimestamp March 25, 2026 at 05:00am
  • NumberOfUnitsInCommunity 4
  • OnMarketDate 2026-03-20
  • OriginalEntryTimestamp March 24, 2026 at 11:25pm
  • OriginalListPrice 1700000
  • OriginatingSystemID miamire
  • OriginatingSystemKey miamire
  • OriginatingSystemName Miami Association of REALTORS®
  • OtherExpense 0
  • ParcelNumber 01-41-04-023-4150
  • ParkingTotal 7
  • PhotosChangeTimestamp March 24, 2026 at 11:42pm
  • PhotosCount 49
  • Possession Funding
  • PostalCodePlus4 4019
  • PriceChangeTimestamp March 24, 2026 at 11:25pm
  • PublicSurveyRange 41
  • PublicSurveySection 4
  • PublicSurveyTownship 41
  • RentIncludes Trash Collection
  • Roof Shingle
  • Sewer Public Sewer
  • ShowingInstructions 24 Hour Notice, Appointment Only
  • SourceSystemKey 445525499
  • StateOrProvince FL
  • StatusChangeTimestamp March 24, 2026 at 11:25pm
  • Stories 2
  • StoriesTotal 2
  • StreetDirPrefix NW
  • StreetName 34th Ave
  • StreetNumber 605
  • StreetNumberNumeric 605
  • StructureType Quadruplex, Fourplex
  • SyndicationRemarks 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
  • TaxAnnualAmount 16038
  • TaxLegalDescription TWELFTH STREET MANORS PB 5-59 LOT 5 & LOT 6 BLK 41 LOT SIZE 100.000 X 104 OR 20125-4684 01 2002 1
  • TaxYear 2025
  • YearBuiltDetails Effective Year Built
  • Zoning 5700

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Christopher Lazaro

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