ActiveMLS® A11988951

$1,700,000

605 NW 34th Avenue, Miami, FL 33125

Beds: —
Baths: 0
Sqft: 5,334

Est. payment$11,007/mo

Home type: Quadruplex
Year built: 1963
Lot size: —
Price / sqft: $319
HOA: —
Community: 12TH ST MANORS

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 activity

Days on market: 217
Listed: Mar 20, 2026
MLS listing updated: Jul 22, 2026
Feed last checked: 1 minute ago

Listed by Miguel A Fuentes · Fausto Commercial Realty Consultants Inc

Map

Map location is based on MLS-supplied coordinates. Verify the location before relying on it.

Facts & features

Interior

Bedrooms & bathrooms

Bathrooms: 0
Bathrooms (decimal): 0

Rooms & features

Flooring: Terrazzo, Tile

Heating & cooling

Heating: Separate Meters, Central
Cooling: Central Air

Property

Exterior

Stories: 2
Building area: 5,334 sqft
Pool: No
Waterfront property: No

Lot

Zoning: 5700

Construction

Type & style

Home type: Quadruplex
Structure type: Multi Family
Year built: 1963

Materials

Construction: Block
Roof: Shingle

Utilities & green energy

Utilities

Sewer: Public Sewer
Utilities: Cable Not Available

Community & HOA

Community

Subdivision: 12TH ST MANORS
MLS area: 2410

Association

Has association: No

Lease details

Not reported by the listing source.

Location

Area details

City: Miami
County: Miami-Dade
ZIP code: 33125

Manufactured home details

Not reported by the listing source.

Financial & listing details

Listing

MLS number: A11988951
Possession: Close Of Escrow, Negotiable
Original list price: $1,700,000
Parcel number: 0141040234150
Annual property tax: $16,038
Tax year: 2025
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

Additional MLS details

Reported by the listing source

Association: No
Bathrooms Total Decimal: 0
Bathrooms Total Integer: 0
Building Area Total: 5334
Construction Materials: Block
County Or Parish: Miami-Dade
Days On Market: 217
Elementary School: Kensington Park
High School: Miami
List Price: 1700000
Listing Contract Date: 2026-03-20
Living Area: 5334
MLSArea Major: 2410
Middle Or Junior School: Citrus Grove
Mls Status: Active
On Market Date: 2026-03-20
Photos Count: 49
Postal Code: 33125
Property Sub Type: Quadruplex
Property Type: Residential Income
Standard Status: Active
State Or Province: FL
Status Change Timestamp: 2026-03-20T04:00:00Z
Stories Total: 2
Subdivision Name: 12TH ST MANORS
Tax Annual Amount: 16038
Pool Private: No
Waterfront: No

Market value

Automated estimate—No licensed valuation source connected

Estimated sales range—Ask Karim for a local market analysis

Estimated rent—No licensed rental valuation source connected

Price history

Date	Event	Price
Mar 20, 2026	ListedMIAMI REALTORS® MLS	$1,700,000$319/sqft

Public tax history

Year	Property taxes	Assessment
2025	$16,038	—

Payment calculator

Estimated monthly payment$11,007/moIllustrative estimate, not a loan offer.

Loan typeDown payment (%)Interest rate assumption (%)Loan termInsurance / month

Principal & interest: $8,821
Property taxes: $1,337
Insurance: $850
Association dues: —

Live national rate context is displayed below through Mortgage News Daily’s official widget. The calculator rate remains a separate assumption until licensed machine-readable access is connected. This is not a loan offer.

Neighborhood

Area

12TH ST MANORS

Miami · Miami-Dade County · 33125

Climate risk

—

No licensed climate-risk source is connected.

Nearby schools

Kensington ParkElementary

—

Citrus GroveMiddle

—

MiamiHigh

—

School names and districts are MLS-reported when available. Verify attendance boundaries with the school district. Ratings require a licensed ratings provider.

Nearby homes

12 homes