20 W 37th St, Hialeah, FL 33012
- Sqft
- 4,652
View property features, location on map, relevant school information and overview from seller's agent.
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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
Full feature list
Basic info
- Property type
- Multi-family
- Number of stories
- 2
- Square feet
- 4,652
- Year built
- 1971
Exterior features
- Horse amenities
- Stable
Utilities
- Heating
- Central
- Cooling
- Central Air
- Sewer
- Public Sewer
Taxes
- Tax Annual Amount (2025)
- $15,064
Public schools
Disclaimer: Certain information displayed on this listing has been derived from parties other than Final Offer, LLC. Information provided and their sources have been deemed reliable, but accuracy of information is not guaranteed and therefore should be independently verified.
Sourced from: MIAMI REALTORS MLS MLS®#: A11983450 Last checked: …
