5-Unit Apartment
For Sale
$1,300,000
1346 NW 6th St, Miami, FL 33125
Residential Income, Miami, FL
Property Size2,888 SF
Price / SF$450.14
Days on Market99
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
Bedroom 3, Bathroom 1, Bedroom 5, Bathroom 3, Bathroom 4, Bedroom 1, Bathroom 2, Bedroom 2, Bedroom 4, Bathroom 5
Parking
5
Window features
Blinds
Subdivision
LAWRENCE ESTATE LAND CO
Lot features
Flood Zone, < 1/4 Acre
Standard status
Active
APN
01-41-02-005-6070
Size
2,888 SF
Additional Details
Tenant in Place
Yes
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)
Building Details
Year built
1948
Floors in Building
1
Flooring type
Tile
Building materials
CBS (Concrete Block Structure), Block
Roof type
Shingle
Architectural style
Other
Listing Agency:
Florida Capital Realty
(786) 953-5870
Listed By:
Maritza Gonzalez · License #3089949
(786) 554-3505
Added: Jul 30
Changed: Nov 3
Last Checked: Nov 5 at 12:06AM
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.
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Investment Insights
Based on property information with market context.
This 2,888-square-foot apartment property contains five matching one-bedroom, one-bathroom units. Each residence has a separate backyard and one parking space. The building was constructed in 1948 with concrete block materials and has tile flooring, window or wall/window cooling, and a shingle roof. Public sewer and cable availability are listed for the property.
The property is at 1346 NW 6th St in Miami, across from the stadium identified in the listing as Marlin Stadium T-5.
The property is at 1346 NW 6th St in Miami, across from the stadium identified in the listing as Marlin Stadium T-5.
Key Highlights
- Five apartments, each with one bedroom and one bathroom
- 2,888 square feet
- Private backyard and one parking space for each unit
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$53,351
Cap Rate
4.10%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,067,020
$1.1M
Cap Rate 7%
$762,157
$762.2K
Cap Rate 9%
$592,789
$592.8K
Market Conditions
NOI Build-Up for 2,888 SF
Gross rent
$104.0K $36.00/SF
− Vacancy
−$7.0K −$2.41/SF
EGI
$97.0K $33.59/SF
− OpEx
−$43.7K −$15.11/SF
NOI
$53.4K $18.47/SF
Area
Miami, FL
Vacancy
6.70%
Lease Rate
$36.00 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,067,020
Cap Rate 7%
$762,157
Cap Rate 9%
$592,789
Alternative Uses
Best Use
Apartment 5plus
$762.2K
$666.9K – $889.2K
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
NOI $136,459 @ 7.0% cap · market cap 10.50%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
5
Residential units
Location Intelligence
Trade Area within ½ mile
4,031
Businesses Nearby
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Business Placement
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
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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Apartment building - Each apartment includes a private backyard and its own parking space.
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 apartments, each with one bedroom and one bathroom; 2,888 square feet; Private backyard and one parking space for each unit
