605 34th Ave ,Detached, Quadruplex, 12th St Manors en Venta

605 34th Ave en Venta

Precio $1,700,000.00

• Tamaño de lote 5334
• Año de construcción 1963
• Frente al agua
• Zip 33125
• Estilo Detached
• Parking Descripción
• Piscina Yes
• Estado Active

Descripción

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

TWELFTH STREET MANORS PB 5-59 LOT 5 & LOT 6 BLK 41 LOT SIZE 100.000 X 104 OR 20125-4684 01 2002 1

Less Than 1/4 Acre Lot

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

City:Miami,Zoning:5700,List A O R:A-Miami Association of REALTORS,Stories:2,Tax Year:2025,Flooring:1:Tile,Latitude:25.7784992,Cooling Y N:1,Heating Y N:1,List Price:1700000,Listing Id:A11988951,Longitude:-80.2507502,Mls Status:Active,Year Built:1963,Living Area:5334,Postal Code:33125,Street Name:34th Ave,Coordinates:1:25.7784992,Photos Count:49,Building Name:12TH ST MANORS,Days On Market:5,Listing Terms:1:Conventional,Lot Size Units:Square Feet,M I A M I R E_ Area:41,M L S Area Major:12th St Manors,On Market Date:2026-03-20,Parcel Number:01-41-04-023-4150,Parking Total:7,Property Type:Residential Income,Stories Total:2,Street Number:605,M I A M I R E_ Style:Fourplex,Public Remarks: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,Structure Type:1:Fourplex,County Or Parish:Miami-Dade County,Expiration Date:2027-03-02,List Office Name:Fausto Commercial Realty Consultants Inc,Standard Status:Active,Living Area Units:Square Feet,Major Change Type:New,Postal Code Plus4:4019,Property Sub Type:Quadruplex,State Or Province:FL,Street Dir Prefix:NW,Subdivision Name:12TH ST MANORS,Tax Annual Amount:16038,Unparsed Address:605 NW 34th Ave, Miami FL 33125,Listing Agreement:Exclusive Agency,Year Built Details:Effective Year Built,Building Area Total:5334,Building Area Units:Square Feet,Leasable Area Units:Square Feet,M I A M I R E_ Flood Zone:X,M I A M I R E_ L P Amt Sq Ft:318.7102,Original List Price:1700000,Public Survey Range:41,I D X Participation Y N:1,M I A M I R E_ N A R Rules Y N:1,Syndication Remarks: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 Contract Date:2026-03-20,Originating System I D:miamire,Public Survey Section:4,Showing Instructions:24 Hour Notice,Appointment Only,Street Number Numeric:605,Tax Legal Description:TWELFTH STREET MANORS PB 5-59 LOT 5 & LOT 6 BLK 41 LOT SIZE 100.000 X 104 OR 20125-4684 01 2002 1,M I A M I R E_ Current Price:1700000,Public Survey Township:41,M I A M I R E_ Municipal Code:1,Originating System Name:Miami Association of REALTORS?,M I A M I R E_ Adjusted Area S F:2916,M I A M I R E_ Internet Remarks:Do not disturb tenants. Call listing agent,M I A M I R E_ Parcel Number M L X:4150,M I A M I R E_ Separate Meter Y N:1,M I A M I R E_ Street View Param:1$25.778482$-80.250735$290.58$13.33$1.00$2yHLDQwDU3LKP7Xjh0QjtQ,Contract Status Change Date:2026-03-20,Internet Address Display Y N:1,Number Of Units In Community:4,M I A M I R E_ Ok To Advertise List:No,M I A M I R E_ Subdivision Number:23,M I A M I R E_ Agent Alternate Phone:305-915-3492,Internet Entire Listing Display Y N:1,M I A M I R E_ Address Internet Display:605 NW 34th Ave,M I A M I R E_ R A T I O_ Current Price_ By_ S Q F T:318.71,