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4,652 sqft

$1,000,000

20 W 37th St, Hialeah FL, 33012

Price per sqft$214.96
Built in1971
Property size4,652 sqft
Property typeMulti-family

Overview

Sold

Closed

Listed Mar 16, 2026

Updated 9h ago

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.

Other Property Details

Taxes
$15,064
Tax Frequency
Annually
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Based on information from the Miami Association of REALTORS®. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS.  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. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed. 

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Data last updated 6:43 PM UTC, 10/14/2026.

Listed by:  AV Capital Advisors, LLC., 305-281-1512

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