Multi-Family
5,334
SQUARE FEET
Quadruplex
Type
1963
Built
Listing courtesy of
Fausto Commercial Realty Consultants Inc
Miguel Fuentes
MLS® #A11988951
Listing information last updated March 25, 2026
MiamiCityRealty.com is an agent's best friend. We proudly co-broke and partner with Fausto Commercial Realty Consultants Inc — and every agent and broker in Miami — to get the deal done.
Overview
This quadruplex in Allapattah offers 5,334 square feet, and is listed for sale at $1,700,000 (about $319 per square foot). Built in 1963.
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 history
Listed for sale
Mar 20, 2026 · MIAMI MLS
$1,700,000
Days on market
as of today
123 days
Building & financials
FROM MIAMI MLSThe carrying-cost and structural facts that close or kill a Miami deal — straight from the listing feed.
Annual property tax (2025)
$16,038
Association type
None
FEMA flood zone
X
Dues, taxes, and association data per MIAMI MLS and public records; flood zone from FEMA NFHL. Verify with the HOA, county, and your insurer during due diligence.
Property details
Features & amenities
Location
605 NW 34th Ave, Miami FL 33125
Estimate your payment
Est. monthly payment
—
per month
Estimate only — not a Loan Estimate, pre-approval, or commitment. Taxes, insurance & HOA vary. Confirm with a licensed lender.
Questions, answered
Ask about this home
Questions on price, building, or financing? Send a note — we reply fast.
More like this
Other homes near Allapattah
Thinking of selling?
Own a home in Allapattah?
Get a no-obligation MCR estimate and see how your block has trended this year.
What's my home worth →Own a rental?
List, screen, and lease with MCR.
Applicant screening, leases, and rent collection — managed end to end by a Miami brokerage.
List your rental →Listing data © MIAMI MLS · IDX information deemed reliable but not guaranteed · 123 days on market.
We do not advertise a “free” buyer’s agent; buyer-representation compensation is disclosed in writing. Bitcoin pricing is indicative and updates with the market — not financial, tax, or legal advice. Buyer to independently verify all measurements, assessments, and flood & insurance facts.