Property Details
| Asking Price | $1,700,000 |
|---|---|
| Price per SqFt | $319 |
| Maintenance fee | Inquire |
| Property Taxes | $16,038 2025 |
| Interior Space | 5,334 SqFt |
| Beds/Baths | —/— |
| Year Built | 1963 |
| Pool | No |
| MLS # | A11988951 |
Estimated Costs
An estimate of condo or HOA fees and property taxes
Monthly carry is not computed when the association fee or the taxes are not provided.
From the listing
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
Listed by Fausto Commercial Realty Consultants Inc
Sales History for This Home · 605 NW 34th Avenue, Miami, FL 33125
Sales history is unavailable for this property
Listed by Fausto Commercial Realty Consultants Inc. Mark Zilbert of ONE Sotheby's International Realty is a cooperating (transaction) broker and helps buyers find properties in Miami and throughout South Florida.
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Location
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