$1,700,000

605 NW 34th Ave Miami, FL 33125

West Flagler Neighborhood

Estimated payment $10,279/month

-- Bed
-- Bath
5,334 Sq Ft
$319 Price per Sq Ft

Highlights

  • No HOA
  • Tile Flooring
  • Central Heating and Cooling System

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

Listing Agent

Miguel Fuentes

Fausto Commercial Realty Consultants Inc License #3403804 Listed on: 03/20/2026

Co-Listing Agent

Mauricio Villasuso

Fausto Commercial Realty Consultants Inc License #3254982

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $16,038

Year Built

  • Built in 1963

Parking

  • 7 Parking Spaces

Home Design

  • Shingle Roof

Interior Spaces

  • 5,334 Sq Ft Home
  • 2-Story Property

Flooring

  • Tile
  • Terrazzo

Additional Features

  • Property is zoned 5700
  • Central Heating and Cooling System

Community Details

  • No Home Owners Association
  • 12Th St Manors Subdivision

Listing and Financial Details

  • Assessor Parcel Number 01-41-04-023-4150

Home Details

Home Type

Single Family

Est. Annual Taxes

$16,038

Year Built

Built in 1963

Lot Details

0 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Year Built: 1963
  • Property Sub Type: Quadruplex
  • Architectural Style: Detached
  • Co List Office Mls Id: FAUS01
  • Co List Office Phone: 786-748-7373
  • Horses: No
  • New Construction: No
  • Building Stories: 2
  • Structure Type: Quadruplex, Fourplex
  • Subdivision Name: 12TH ST MANORS
  • Year Built Details: Effective Year Built
  • MIAMIRE_PoolYN: No
  • CurrentPrice: 1700000
  • InternetRemarks: Do not disturb tenants. Call listing agent
  • ShowingTimeFlag: No
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Flooring: Terrazzo, Tile
  • Living Area: 5334
  • Stories: 2

Exterior Features

  • Roof: Shingle
  • Construction Type: Concrete Block Construction
  • Lot Features: Less Than 1/4 Acre Lot
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Park Building Name: 12TH ST MANORS
  • Total Parking Spaces: 7

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Lot Info

  • Parcel Number: 01-41-04-023-4150
  • Zoning: 5700

Rental Info

  • Rent Includes: Trash Collection

Tax Info

  • Tax Year: 2025
  • Tax Annual Amount: 16038

Multi Family

  • Number Of Units In Community: 4

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/20/2026 03/20/26 For Sale $1,700,000 -- $319 / Sq Ft
Source: MIAMI REALTORS® MLS

Source: MIAMI REALTORS® MLS

MLS Number: A11988951

MIAMI REALTORS® MLS
Florida Miami/Dade County Miami 33125 West Flagler

605 NW 34th Ave, Miami, FL

For Sale

Detached

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Miguel Fuentes
Listing Agent
Miguel Fuentes
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Fausto Commercial Realty Consultants Inc
(305) 915-3492
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