620 SW 6th AVE, Miami, FL 33130
620 SW 6th AVE, Miami, FL 33130
620 SW 6th AVE, Miami, FL 33130
620 SW 6th AVE, Miami, FL 33130
620 SW 6th AVE, Miami, FL 33130
620 SW 6th AVE, Miami, FL 33130
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$ 1,750,000
Est. payment | /mo

2,399 SqFt


$ 1,750,000
Est. payment | /mo

2,399 SqFt

Key Details

Property Type Commercial

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 2,399 sqft

Price per Sqft $729

MLS Listing ID A12073081

HOA Y/N No

Year Built 1950

Annual Tax Amount $24,555

Tax Year 2025

Lot Size 7,405 Sqft

Acres 0.17

Property Sub-Type Multi Family

Property Description

7-unit apartment building located in the booming area of Little Havana within close proximity to Downtown Miami and Brickell. Fully renovated building with new kitchens, updated plumbing and electrical systems. The property is a true turnkey asset with no deferred maintenance and perfect for an out of state investor looking for passive income or an experienced operator looking to add to its portfolio. Key upgrades include impact windows, a new standing seam metal roof, modern interiors with terrazzo floors and walk-in showers, and brand-new kitchens outfitted with new cabinets and stainless steel appliances. Great turn key investment opportunity at an above 6% cap. Situated in a growing South Florida residential area with over 86,000 people and average household incomes exceeding $107,000 within a 1-mile radius, the property benefits from easy access to 8th & 7th Streets, West Flagler, and I-95, offering strong proximity to downtown. Priced below replacement cost and designed for easy, low-touch management, it presents an attractive value-add opportunity.

Location

State FL

County Miami-dade

Area 2410

Zoning 3900

Interior

Interior Features InteriorFeatures

Cooling Central Air

Flooring Terrazzo

Fireplace No

Exterior

Parking Features Assigned

Water Access Desc Well

Roof Type Metal

Road Frontage City Street

Building

Lot Description City Lot, Residential Lot, Sprinkler System

Water Well

Others

Tax ID 0102040401030

Security Features Fire Alarm,Security Fence

Acceptable Financing Cash, 1031 Exchange

Listing Terms Cash, 1031 Exchange

Virtual Tour https://www.propertypanorama.com/instaview/mia/A12073081

BeachesMLS, Inc. (FLR) IDX
Listed by Leonardo Delgado, Jr. Resivest Realty LLC

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Joe Desane

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620 SW 6th AVE