$1,750,000Active

620 SW 6th Avenue, Miami, FL 33130

Miami, FL 33130

Sq Ft

1950

Year Built

0.17 acres

Lot Size

Listing Snapshot

List Price	$1,750,000
Beds	0
Baths	0
Living Area	0 sqft
Lot Size	0.17 acres

Year Built	1950
Property Tax	$24,555/yr
MLS #	1182485307
Status	Active

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.