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$1,700,000

  • For Sale
  • Active
  • Multi-Family
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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

Full Property Details for 605 NW 34th Ave

General

  • Price: $1,700,000
  • Taxes: $16,038 (2025)
  • Status: Active
  • Type: Multi-Family
  • Source: Greater_Miami
  • MLS ID: A11988951
  • Updated: 3/25/2026
  • Added to Site: 113 day(s) ago

Rental Information

  • Rent Includes: Trash Collection

Interior

  • Flooring: Terrazzo, Tile

Parking

  • Total Spaces: 7

Location

  • Area: 12th St Manors
  • County: Miami-Dade County
  • Subdivision: 12TH ST MANORS
  • Building Name: 12TH ST MANORS

Community

  • Community Name: 12th St Manors
  • Units Assoc/Comm: 4

Heating & Cooling

  • Air Conditioning: Yes
  • Cooling Type: Central Air
  • Heating Type: Central

Utilities

  • Sewer: Public Sewer

Structural Information

  • Architectural Style: Detached
  • Structure Type: Quadruplex, Fourplex
  • Detached/Attached: Detached
  • Construction: Concrete Block Construction
  • Roof: Shingle
  • Stories/Levels: 2
  • Building Size: 5334
  • Square Feet: 5,334
  • Living Area: 5,334 Sq. Ft.
  • Year Built: 1963

Unit Information

  • Units in Complex: 4

Lot Features

  • Lot Features: Less Than 1/4 Acre Lot
  • Zoning: 5700

Financial Considerations

  • Price Per Sq. Ft.: $318.71
  • Tax Amount: $16,038
  • Tax Year: 2025
  • Terms: All Cash, Conventional

Disclosures and Reports

  • Documents Avail.: Rent Rolls
  • 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
  • Property ID: 01-41-04-023-4150

Listed by Fausto Commercial Realty Consultants Inc

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Listing agents

— 605 NW 34th Ave —

  • Fausto Commercial Realty Consultants Inc

  • Fausto Commercial Realty Consultants Inc

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 605 NW 34th Ave

School District:Dade County School District
NameGradesDistance
Kensington Park Elementary School
711 Northwest 30th Avenue, Miami, FL 33125
PK-50.5 mi
Citrus Grove Middle School
2153 Northwest 3rd Street, Miami, FL 33125
6-81.3 mi
Miami Senior High School
2450 Southwest 1st Street, Miami, FL 33135
9-121 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 605 NW 34th Ave Get Price Alerts and Save Property

Date
Details
Price
Change
Source
3/20/2026
Listed
$1,700,000
172.22%
MLS
7/18/2019
Sold
$624,500
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 605 NW 34th Ave

Year
Property Taxes
Change
Tax Assessment
Change
2025
$16,706
7%
$777,289
-22%
2024
$15,655
6%
$1,001,798
2%
2023
$14,730
31%
$979,766
77%
2021
$11,280
-7%
$553,059
-8%
2022
$12,143
4%
$599,786
20%
2021
$11,712
31%
$500,300
19%
2019
$8,969
17%
$420,179
20%
2018
$7,675
5%
$351,547
-12%
2017
$7,317
3%
$397,780
37%
2016
$7,126
7%
$290,536
10%
2015
$6,639
21%
$264,124
10%
2014
$5,505
11%
$240,113
10%
2013
$4,944
—
$218,285
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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NMLS#: 1598647

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Listed by Fausto Commercial Realty Consultants Inc

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605 NW 34th Ave, Miami, FL 33125 (MLS# A11988951) is a Multi-Family property with units containing 0 bedrooms and 0 full bathrooms. 605 NW 34th Ave is currently listed for $1,700,000 and was received on March 20, 2026. Want to learn more about 605 NW 34th Ave? Do you have questions about finding other Multi-Family real estate for sale in Allapattah? You can browse all Allapattah real estate or contact a Coldwell Banker agent to request more information.

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