Quadruplex in 20 W 37th St Hialeah for sale with MLS# A11983450
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.
20 W 37th St, Hialeah, FL 33012
- Price:
- $1,375,000.00
- Original List Price:
- $1,375,000.00
- Rent Includes:
- Sewer, Trash Collection, Water, Gardener
- Listing Type:
- For Sale
- Status:
- Active Under Contract (An offer has been accepted, considering Backup Offers)
- Contingency:
- Other
- Listing Category:
- Residential Income (Multifamily 2-4)
- Property Type:
- Fourplex (Quadruplex)
- MLS Number:
- A11983450
- Description of Last Important Update:
- Active Under Contract (An offer has been accepted, considering Backup Offers)
- Last Major Update on:
- April 9, 2026 6:37 pm
- Living Area:
- 4,652 Sqft
- Built-Up Area:
- 4,652 Sqft
- Lot Size Unit:
- Square Feet
- Lot Features:
- Less Than Quarter Acre
- Waterfront:
- No
- Air Conditioning
- Air Conditioning System:
- Central Air
- Heating
- Heating System:
- Central
- Year Built:
- 1971
- Year Built Details:
- Resale
- Roof:
- Shingle
- Architectural Style:
- Fourplex
- Levels:
- Two
- Construction Materials:
- Block
- Flooring:
- Terrazzo
- Stories:
- 2
- Tax Annual Amount:
- $15,064.00
- Tax Year:
- 2025
- Property Tax Status:
- Tax Reflects No Exemptions
- Parking Total Spaces:
- 6
- Covered Spaces:
- 0
- Sewer:
- Public Sewer
- Utilities Available:
- Cable Available
- Subdivision Name:
- PALM AVE LAWNS
- Senior Community:
- No
- Documents Available:
- Rent Rolls
- Listing Terms Considered by Seller:
- Cash, Other
- Occupant Type:
- Tenant
- Buyer Possession:
- Closing And Funding
- Tax Legal Description:
- PALM AVE LAWNS PB 26-61 LOT 6 BLK 2 LOT SIZE 50 X 132 OR 10307-1651 0179 4 COC 22041-3625 02 2004 4
- Real Estate Folio Number (Parcel Number):
- 04-31-06-005-0070
- Zoning Description:
- 5400
- Originally published on:
- March 16, 2026 11:39 am
- Active on the market since:
- March 16, 2026
- Price change occurred on:
- March 16, 2026 10:33 am
- Listing Status Last Changed On:
- April 9, 2026 6:37 pm
- Photos updated on:
- April 15, 2026 9:57 pm
- Last Modified:
- April 15, 2026 9:57 pm
- Flood Zone:
- AH
- Type of Association:
- None
- Style:
- Fourplex
- Municipal Code:
- 4
- Subdivision Number:
- 5
- Courtesy of:
- AV Capital Advisors, LLC.
- Attribution:
- Not provided
- Street Name:
- 37th St
- Street Number:
- 20
- City:
- Hialeah
- State:
- Florida
- Zip Code:
- 33012
- County:
- Miami-Dade
- Latitude:
- N25° 51' 19.9''
- Longitude:
- W81° 43' 0.5''
- Street Direction Prefix:
- W
Neighborhood Stats
Source: U.S. Census Bureau, ACS 5-Year Estimates
Air Quality
Source: AirNow.gov · Miami
Want to schedule an in-person or virtual tour? Have questions?
Want to schedule an in-person or virtual tour? Have questions?
Schedule a Tour or Ask a Question
Ver la propiedad 20 W 37th St
