620 SW 6th Ave Miami, FL $ 1,750,000
620 SW 6th Ave
$ 1,750,000
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620 SW 6th Ave

Miami, FL, 33130
$ 1,750,000
Bedrooms7 Baths-- Sq 2,399

Monthly Estimate*

$ 11,050

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Commercial Property for sale in Miami, FL

for $1,750,000 with 7 bedrooms. This 2,399 square foot building was built in 1950.

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.

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Commercial Active

Price

$ 1,750,000

Bedrooms

7

Property Type

Commercial

Taxes

$ 24,555

Style

Year Built

1950

Town/City

Miami

County/Region

Miami-Dade

MLS | Web ID

A12073081

Features
General
Cooling Central Air
Roof Metal
Security Features Fenced Smoke Detector(s)
Year Built 1950
Tenant Pays Electricity
Stories Count 1
Levels One
Property Subtype Multi Family
Tax Year 2025
Gross Income 146664
County Miami-Dade
Net Operating Income 108585
Operating Expense 38079
Insurance Expense 8797
Property Type Commercial Sale
MaintenanceExpense 750
Full Baths 0
Status Active
City Miami
Association Name ResiVest Realty
Zoning Description 3900
Number Of Units Total 7
MLS Area 41
Lot Size Units Square Feet
Lot Size Square Feet 7500
Listing Terms Cash 1031 Exchange
Tax Annual Amount 24555
Trash Expense 1907
Ok to Lease 12 Months
Virtual Tour https://www.propertypanorama.com/instaview/mia/A12073081
Structure Type Apartment
Standard Status Active
Occupancy Type Tenant
Property Sub Type Additional Multi Family
Legal Description CITY OF MIAMI SOUTH PB B-41 S50FT LOTS 1-2-3 BLK 44 LOT SIZE 7500 SQUARE FEET OR 10101 1144 0778 1
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Interior
Flooring Terrazzo
Air Conditioning Y/N true
Total Bedrooms 7
Total Baths 0
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Exterior
Parking Features Assigned Accessible Parking
Water Source Well
Lot Size Area 7500
Number of Buildings 1
Building Area Total 2399
Waterfront Y/N false
Covered Spaces 0
Road Frontage Type City Street
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* Excluded Features
List By
Resivest Realty Llc

Broker

leo@resivestrealty.com

Email

Affordability Calculator

$13,096
Per Month
84%
16%
0%
Monthly Principal & Interest
$11,050
Monthly Property Taxes
$2,046
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
8/18/2026$1,750,000 Listed Price

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620 SW 6th Ave, Miami, FL, 33130 is a Commercial Property for sale at $1,750,000 with 2,399 sqft. 620 SW 6th Ave has 7 bedroomsThe property's zip code is 33130 which is in Miami, FL