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620 SW 6th Ave, Miami FL 33130

Commercial For Sale
$1,750,000

BTC: 22.25047680

ETH: 691.56293223

26 days
0 room(s)

Overview

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

Details

Type:
Commercial Sale
Parking:
Assigned
Year Built:
1950
Lot:
7500 Square Feet
Heating:
No Data
Price/sqft:
No Data
Cooling:
Central Individual A/C
HOA:
No Data

Valuation

Our model vs. what's actually selling nearby.
Estimate
$1,500,000
$1.0M – $3.7M
Confidence Low
List vs. estimate
$250K above estimate
List $1,750,000 · +16.7%
Our model says this listing is priced above recent comparable activity. Room to negotiate.
Based on
14 MLS comparables
+ 30 public-records sales within 0.5 mi
Median actual sale: $560K
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$24,555
2025
All facts and features
  • Flooring

    • Terrazzo

    Cooling

    • Central Individual A/C

  • Parking

    • Assigned

    Lot

    • Lot: 7500 Square Feet

    Other Property Information

    • Parcel Number: 01-02-04-040-1030

    • Zoning: 3900

  • Type and style

    • Property Type: Commercial Sale

    • Property Sub Type: Income/MultiFamily

  • Other financial information

    • Annual tax amount: $24,555

  • Source details

    • MLS ID: A12073081

    Other facts

    • Lot Features: City Location / Near Airport / In Residential Area

    • Water Source: Well

Private inquiry
Talk to the advisor on this listing.
Floor plans, HOA docs, off-market comparables, scheduling a private showing — one message, direct to the local specialist.

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The multiple listing information is provided by the Miami Association of REALTORS® from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Miami Association of REALTORS®. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: Resivest Realty LLC