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20 W 37th St, Hialeah FL 33012

Multi-family For Sale
$1,375,000

BTC: 20.22058824

ETH: 13,750.00000000

21 days
0 room(s)
4,652 sqft
Est. Estimated sales range: $0 - $0
$0

Overview

Income-producing non-conforming 4-plex with two additional efficiency units, offering strong rental demand in the highly sought-after Hialeah rental market. The property features four corner 2-bedroom / 1-bath units plus two efficiencies generating approximately $1,700/month ($850 each) in additional income. Three of the four 2-bedroom units are currently leased below market, with long-term tenants of 10+ years and a history of consistent, on-time payments, providing stable cash flow and future upside potential. Unit 1 was fully remodeled in 2025, including new A/C, new ductwork, new kitchen, and new appliances. The 2-bedroom units feature central A/C, and the efficiencies have new wall A/C units. Located on Palm Avenue, the property offers easy access to Okeechobee Road, major highways, shopping, and the Metrorail station, making it attractive for long-term tenants and future renters alike. Great opportunity for investors seeking immediate income with value-add potential in one of Miami-Dade’s strongest rental markets.

Location

Facts and features

Type:
Residential Income
Parking:
No Data
Year Built:
1971
Lot:
No Data
Heating:
Central
Price/sqft:
$296
Cooling:
Central Air
HOA:
No Data
All facts and features
  • Flooring

    • Terrazzo

    Heating

    • Central

    Cooling

    • Central Air

  • Other Property Information

    • Parcel Number: 04-31-06-005-0070

    • Zoning: 5400

  • Type and style

    • Property Type: Residential Income

    • Property Sub Type: Quadruplex

  • Other financial information

    • Annual tax amount: $15,064

  • Source details

    • MLS ID: A11983450

    Other facts

    • Construction Materials: CBS Construction

    • Lot Features: Less Than 1/4 Acre Lot

    • Architectural Style: Other

    • Living Area: 4652

    • Subdivision Name: PALM AVE LAWNS

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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: AV Capital Advisors, LLC.