4-Unit Fourplex with
319 SW 6th Ave, Miami, FL 33130
For Sale
New
$1,380,000
Residential Income, Miami, FL
Property Size2,680 SF
Price / SF$514.93
Days on Market2
Property Features for 319 SW 6th Ave
General Information
Property type
Property subtype
Zoning description
Bedrooms
Full bathrooms
Rooms
Parking
Subdivision
Lot features
Standard status
APN
Size
Additional Details
Tenant in Place
Individually Metered Utilities
Taxes and HOA fees
Tax Year
Tax Description
Tax Annual Amount
Legal Description
Utilities
Utilities
Sewer type
Heating system
Cooling system
Amenities
laundry
private parking
Building Details
Year built
Floors in Building
Building materials
Roof type
Architectural style
Buildings
Listing Agency:
Premium Estates Realty Corp
(305) 392-1089
Listed By:
Idania Miranda · License FL #3137564
(786) 326-8843
Added: Nov 9
Changed: Nov 10
Last Checked: Nov 10 at 9:06AM
MLS# A12118699
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 2,680-square-foot fourplex, built in 1969, contains four one-bedroom, one-bathroom residences. Granite flooring extends throughout the building. Laundry equipment includes a recently installed washer and dryer, and each unit has its own electric meter. The property also includes private parking, with additional street parking in front of the building.
The four residences are occupied by tenants on month-to-month arrangements. The building is in Little Havana, Miami, and has a public sewer connection.
The four residences are occupied by tenants on month-to-month arrangements. The building is in Little Havana, Miami, and has a public sewer connection.
Key Highlights
- Four one‑bedroom, one‑bathroom units
- 2,680 square feet; built in 1969
- Separate electric meters for each unit
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$53,749
Cap Rate
3.89%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,074,980
$1.1M
Cap Rate 7%
$767,843
$767.8K
Cap Rate 9%
$597,211
$597.2K
Market Conditions
NOI Build-Up for 2,680 SF
Gross rent
$82.0K $30.60/SF
− Vacancy
−$5.2K −$1.95/SF
EGI
$76.8K $28.65/SF
− OpEx
−$23.0K −$8.60/SF
NOI
$53.7K $20.06/SF
Area
Miami, FL
Vacancy
6.37%
Lease Rate
$30.60 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,074,980
Cap Rate 7%
$767,843
Cap Rate 9%
$597,211
Alternative Uses
Best Use
Multifamily LT 5
$767.8K
$671.9K – $895.8K
NOI $53,749 @ 7.0% cap · market cap 3.89%
Second Best
Apartment 5plus
$707.3K
$618.9K – $825.2K
NOI $49,509 @ 7.0% cap · market cap 3.59%
Theoretical Best
Specialty Retail
$1.81M
$1.58M – $2.11M
NOI $126,631 @ 7.0% cap · market cap 9.18%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
Who owns this building?
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Lease Details
4
Residential units
Location Intelligence
Trade Area within ½ mile
9,064
Businesses Nearby
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Business Placement
Demographics for 33130, FL
35,609
Population
20,377
Households
1.7
Avg Household Size
36
Median Age
42%
College-Educated
81%
High-School Grad
1.1 sq mi
ZIP Area
32,372
Density / Sq Mi
$57,933
Median Household Income
$36,888
Median Earnings
$1,656
Median Rent
$479,800
Median Home Value
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Market
Average Price Trend$/SF for Quadplexes in Miami, FL
Properties on Market for Quadplexes in Miami
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Quadplex - Each residence has one bedroom and one bathroom, with individual electric meters for tenant billing.
Where is this quadplex located?
The property is located at 319 SW 6th Ave Miami, FL.
What is the asking price?
The asking price for this property is $1,380,000.
What are key features of this property?
This property features: Four one‑bedroom, one‑bathroom units; 2,680 square feet; built in 1969; Separate electric meters for each unit
