620 SW 6th Ave, Miami, FL 33130

About This Home

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.

Property Details

Flooring

Terrazzo

Cooling

Central Individual A/C

Parking Features

Assigned

Building & Association

Stories

1

Stories Total

1

Association

No

Security Features

Smoke Alarm, Security Fence

Lot & Construction

Lot Features

City Location, Near Airport, In Residential Area

Lot Size Square Feet

7,500

Waterfront

No

View

No

Roof

Metal Roof

New Construction

No

Public Records

Parcel Number

01-02-04-040-1030

Tax Annual Amount

$24,555

Tax Year

2,025

Zoning

3900

County Or Parish

Miami-Dade County

Location