$1,700,000

605 NW 34th Ave Miami, FL 33125

West Flagler Neighborhood

Estimated payment $10,989/month

Total Views 8,669

-- Beds

-- Baths

5,334 Sq Ft

$319 Price per Sq Ft

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 $66,255Strategically 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

Co-Listing Agent

Mauricio Villasuso

Fausto Commercial Realty Consultants Inc License #3254982

Map

Property Details

Home Type

Multi-Family

Year Built

1963

Lot Details

0 Sq Ft Lot

Listing Details

Prop. Type: Residential Income
Property Sub Type: Quadruplex
Property Sub Type Additional: Quadruplex
Year Built: 1963
MLS Status: Active
Standard Status: Active
Structure Type: Multi Family
DelayedMarketingYN: No
Special Features: VirtualTour

Interior Features

Flooring: Terrazzo, Tile
Living Area: 5334.0
Stories: 2

Exterior Features

Pool Private: No
Waterfront: No
Construction Type: Block
Roof: Shingle

Garage/Parking

Total Parking Spaces: 7.0

Utilities

Cooling: Central Air
Cooling Y N: Yes
Heating: Central, Separate Meters
Heating Yn: Yes
Sewer: Public Sewer
Utilities: Cable Not Available

Condo/Co-op/Association

Association: No

Schools

Elementary School: Kensington Park
High School: Miami
Middle Or Junior School: Citrus Grove

Lot Info

Parcel #: 0141040234150
Mobile Dim Units: Feet
Zoning: 5700

Tax Info

Tax Year: 2025
Tax Annual Amount: 16038.0

Multi Family

Number Of Units In Community: 4
Number Of Units Total: 4
Annual Gross Income: 6650.0

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Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Year	Tax Paid	Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property.	Land	Improvement
2025	$16,706	$777,289
2024	$15,465	$706,627
2023	$15,465	$642,389	$0	$0
2022	$12,143	$583,990	$0	$0
2021	$11,280	$550,330	$0	$0
2020	$10,655	$500,300	$300,555	$199,745
2019	$8,969	$420,179	$300,555	$119,624
2018	$7,675	$397,780	$300,555	$97,225
2017	$7,317	$319,589	$0	$0
2016	$7,126	$290,536	$0	$0
2015	$6,639	$264,124	$0	$0
2014	$5,505	$240,113	$0	$0

Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

MLS Number: A11988951

Florida Miami/Dade County Miami 33125 West Flagler

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