Search
Apartment Building with Private Backyards
For Sale
$1,300,000

1346 NW 6th St, Miami, FL 33125

MULTI_FAMILY - Other - Miami, FL

Property Size2,888 SF
Price / SF$450.14
Days on Market8

Property Features for 1346 NW 6th St

General Information

Property type Residential Multi Family
Property subtype Quadruplex
Zoning description 6107
Bedrooms 5
Full bathrooms 5
Rooms Bathroom 4, Bedroom 5, Bathroom 5, Bedroom 3, Bathroom 1, Bedroom 4, Bathroom 2, Bedroom 1, Bathroom 3, Bedroom 2
Parking 5
Window features Blinds
Subdivision LAWRENCE ESTATE LAND CO
Lot features < 1/4 Acre
Standard status Active
APN 01-41-02-005-6070
Size 2,888 SF

Taxes and HOA fees

Tax Year 2024
Tax Description LAWRENCE ESTATE LAND COS SUB PB 2-46 LOT 7 BLK 39 LOT SIZE 7500 SQUARE FEET OR 20101-2779 11 2001 1 COC 23850-0512 11 2001 4
Tax Annual Amount 17965
Legal Description LAWRENCE ESTATE LAND COS SUB PB 2-46 LOT 7 BLK 39 LOT SIZE 7500 SQUARE FEET OR 20101-2779 11 2001 1 COC 23850-0512 11 2001 4

Utilities

Utilities Cable Available
Sewer type Public Sewer
Cooling system Window Unit(s), Wall/Window Unit(s)

Amenities

backyard

Building Details

Year built 1948
Floors in Building 1
Flooring type Tile
Building materials Block
Roof type Shingle
Architectural style Other
Listing Agency: Florida Capital Realty
Listed By: Maritza Gonzalez · License #3089949
Added: Jul 30 Changed: Aug 6 Last Checked: Aug 6 at 1:06AM
MLS# A11864674

Copyright © 2026 Miami REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This apartment building features five rented units and is configured with identical one-bedroom, one-bath layouts. Each unit includes its own backyard and its own parking space, and the building’s interiors use tile flooring. The property is constructed with block materials and is served by window and wall/window air-conditioning units. The roof is shingled, and utilities include cable availability with public sewer.

The property is located steps from Marlin Stadium T-5. The setting is described as directly across from the stadium with an open area to the west, and with no neighbors on that side.

Two units vacated this past week and are expected to be brought to market within the next week, while the other units are described as long-term tenants.

Key Highlights

  • Five units total; two vacated this past week and will go on market within the next week
  • All units are one‑bedroom, one‑bath (1/1) with their own backyard
  • Each unit includes its own parking space

Financial Insights For Apartment 5plus

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $104.0k $36.00
− Vacancy −$7.0k −$2.41
EGI $97.0k $33.59
− OpEx −$43.7k −$15.11
NOI $53.4k $18.47
2,888 SF · lease $36.00/SF/yr · vacancy 6.70% · expense 45.00%

Alternative Uses

Best Use
Apartment 5plus
$762.2K
$666.9K – $889.2K (±1% cap)
NOI $53,351 @ 7.0% cap · market cap 4.10%
Second Best
no second resolved use
Theoretical Best
Specialty Retail
$1.95M
$1.71M – $2.27M (±1% cap)
NOI $136,459 @ 7.0% cap · market cap 10.50%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Butcher Carpet & Flooring Store Pet Grooming Service Restaurant (Bike/Boat/Book/etc) Store Tanning Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

5
Residential units

Location Intelligence

Trade Area within ½ mile

4,031
Businesses Nearby

Demographics for 33125, FL

53,507
Population
22,496
Households
2.4
Avg Household Size
43
Median Age
22%
College-Educated
69%
High-School Grad
3.9 sq mi
ZIP Area
13,720
Density / Sq Mi
$40,940
Median Household Income
$30,648
Median Earnings
$1,427
Median Rent
$377,600
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Apartment building - Five one-bedroom units each have a private backyard and parking, steps from Marlin Stadium T-5.
Where is this apartment building located?
The property is located at 1346 NW 6th St Miami, FL.
What is the asking price?
The asking price for this property is $1,300,000.
What are key features of this property?
This property features: Five units total; two vacated this past week and will go on market within the next week; All units are one‑bedroom, one‑bath (1/1) with their own backyard; Each unit includes its own parking space
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message