605 NW 34th Ave, Miami FL 33125
Quadruplex at 12TH ST MANORS in Miami
$1,700,000
Listing courtesy of Fausto Commercial Realty Consultants Inc; Miguel Fuentes. Information from the Southeast Florida Multiple Listing Service is deemed reliable but is not guaranteed accurate.
n/a
n/a
5334
Quadruplex, Residential Income
Details
Overview
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
This quadruplex home located at 605 NW 34th Ave, Miami FL 33125 is currently for sale and has been available on Brickellsold for 5 days. This property is listed at $2M. It has N/A beds, N/A bathrooms, and is 5334 square feet. It was built in 1963. 605 NW 34th Ave, Miami FL 33125 is in Miami county Miami-Dade County.
Interior
- Flooring: Terrazzo, Tile
- Common walls with other units/homes: Detached
Property
- Parking Features:
- Entry location:
- Exterior Features:
- View Description:
Construction
- Year Built: 1963
Community & HOA
- Security Features:
- Subdivision: 12TH ST MANORS
- Amenities:
Financial
Metadata
Neighborhood Insights
School and crime data are from public sources and are informational only.
Nearby Schools
Within 5 miles
- Kensington Park Elementary • 0.0 mi • K-12
- Kensington Park PLC-D • 0.0 mi • K-12
- Auburndale Elementary PLC-H1 • 0.0 mi • K-12
- Auburndale Elementary • 0.0 mi • K-12
- Kinloch Park Elementary • 0.0 mi • K-12
- Miami Senior High • 0.0 mi • K-12
Nearby Hospitals
Within 3 miles
No nearby hospitals found.
Crime Overview
Crime data unavailable for this area.