How much is 620 SW 6th Avenue?

620 SW 6th Avenue is listed at $1,750,000, about $729 per square foot of building. Ask for the rent roll, the existing leases and the operating statements: for an income property those, more than the asking price, show what the building is worth.

What is the cap rate on 620 SW 6th Avenue?

The listing reports net operating income of $108,585 a year, a cap rate of about 6.2% at the $1,750,000 asking price. Seller-reported income is a starting point: verify it against the rent roll, the leases and the operating statements during due diligence.

What is 620 SW 6th Avenue zoned?

The listing reports zoning of 3900. Permitted uses, parking and signage are set by the city or county zoning code, so confirm your intended use with the local zoning office before you close.

How big is 620 SW 6th Avenue?

The listing reports 2,399 square feet of building.

When was 620 SW 6th Avenue built?

620 SW 6th Avenue was built in 1950. For an older commercial building, ask about the roof, the HVAC and electrical systems, fire and life-safety compliance and whether a county building safety recertification is due.

What are the property taxes on 620 SW 6th Avenue?

The listing reports annual property taxes of $24,555 for 2025. Florida reassesses a non-homestead property after it sells, so budget for the new owner's bill rather than the current one.

How do I tour 620 SW 6th Avenue?

Request a tour from this page or call BreakThru Realty. A licensed agent will arrange access with the listing broker and ask for what the listing leaves out, such as the rent roll, the leases and the operating statements.

620 SW 6th Avenue, Miami, FL 33130

$1,750,000 · $729 per sq ft · Multifamily for sale

Property type: Multi Family
Asking price: $1,750,000
Price per sq ft: $729
Building size: 2,399 sq ft
Lot size: 7,405 sq ft
Zoning: 3900
Year built: 1950
Units: 1
Net operating income: $108,585/yr
Cap rate: 6.2%
Tenant pays: Electricity, Interior Electric
Buildings: 1
Parcel ID: 0102040401030
MLS#: A12073081

About this property

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.

Rent Roll

Unit type	Units	Beds / baths	Size	Rent per unit	Pro forma
1 Bedroom	7	1 / —	—	—	—

7 units.

Unit types and rents as the listing reports them in the MLS. Ask the listing broker for the leases and the trailing twelve months before you rely on them.

Operating Statement

Gross scheduled income	$146,664/yr
Gross income	$146,664/yr
Property taxes	$24,555/yr
Insurance	$8,797/yr
Maintenance and repairs	$750/yr
Trash	$1,907/yr
Other	$38,079/yr
Net operating income	$108,585/yr
Cap rate at asking price	6.2%

Income and expenses as the seller entered them in the MLS, not verified. A buyer's lender underwrites from the actual statements and the property tax and insurance a new owner will pay.

About the Business at 620 SW 6th Avenue

Included: Building, Land

Presented by

BreakThru Realty · (786) 914-1017

Courtesy of

Resivest Realty LLC · leodelgadojr@gmail.com · Listing agent: Leonardo Delgado Jr

All listings featuring the BMLS logo are provided by BeachesMLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright © 2026 BeachesMLS, Inc. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by BeachesMLS. Listings held by brokerage firms other than BreakThru Realty carry the name of the listing broker.

Request a tour or more information

Call or text BreakThru Realty at (786) 914-1017 or email sales@breakthrurealty.com to tour 620 SW 6th Avenue or to ask for what the listing leaves out: the rent roll, the leases and the operating statements.

Questions About 620 SW 6th Avenue

How much is 620 SW 6th Avenue?: 620 SW 6th Avenue is listed at $1,750,000, about $729 per square foot of building. Ask for the rent roll, the existing leases and the operating statements: for an income property those, more than the asking price, show what the building is worth.
What is the cap rate on 620 SW 6th Avenue?: The listing reports net operating income of $108,585 a year, a cap rate of about 6.2% at the $1,750,000 asking price. Seller-reported income is a starting point: verify it against the rent roll, the leases and the operating statements during due diligence.
What is 620 SW 6th Avenue zoned?: The listing reports zoning of 3900. Permitted uses, parking and signage are set by the city or county zoning code, so confirm your intended use with the local zoning office before you close.
How big is 620 SW 6th Avenue?: The listing reports 2,399 square feet of building.
When was 620 SW 6th Avenue built?: 620 SW 6th Avenue was built in 1950. For an older commercial building, ask about the roof, the HVAC and electrical systems, fire and life-safety compliance and whether a county building safety recertification is due.
What are the property taxes on 620 SW 6th Avenue?: The listing reports annual property taxes of $24,555 for 2025. Florida reassesses a non-homestead property after it sells, so budget for the new owner's bill rather than the current one.
How do I tour 620 SW 6th Avenue?: Request a tour from this page or call BreakThru Realty. A licensed agent will arrange access with the listing broker and ask for what the listing leaves out, such as the rent roll, the leases and the operating statements.

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