605 NW 34th Avenue, Miami, FL 33125

• 5,334 sqft

Property 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 $66,255Strategically 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 Status:

Active

Date Added:

March 20, 2026

Data Last Updated:

August 6, 2026 at 4:19AM

Listing Office:

Fausto Commercial Realty Consultants Inc : 786-748-7373

Listing Agent:

Miguel A Fuentes : 305-915-3492

MLS ID:

A11988951

Interior

• Flooring: TerrazzoTile
• A/C: Central Air
• Heating: CentralSeparate Meters

Exterior

• Parking: Parking spaces: 7

Construction

• Roofing: Shingle
• General: Block2

Location

• Originating MLS: BEACH_MIAMI
• County: Miami-Dade

Lot

• Zoning: 5700TWELFTH STREET MANORS PB 5-59 LOT 5 & LOT 6 BLK 41 LOT SIZE 100.000 X 104 OR 20125-4684 01 2002 10141040234150

Utilities

• Utilities: Cable Not Available
• Sewer: Public Sewer

Financial

• Source: BEACH_MIAMI