20 W 37th St, Hialeah, FL 33012
Local realty services provided by:Better Homes and Gardens Real Estate Destinations
Listed by: vanessa gala, anailis rodriguez
Office: av capital advisors, llc.305-281-1512
MLS#:A11983450
Source:SEFMLS
Price summary
- Price:$1,375,000
- Price per sq. ft.:$295.57
About this home
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....
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Home facts
- Year built:1971
- Listing ID #:A11983450
- Updated:May 15, 2026 at 07:39 AM
Rooms and interior
- Flooring:Terrazzo
- Living area:4,652 sq. ft.
Heating and cooling
- Cooling:Central Air
- Heating:Central
- Central air:Yes
Structure and exterior
- Roof:Shingle
- Year built:1971
- Building area:4,652 sq. ft.
- Architectural Style:Fourplex
- Construction Materials:Block
- Levels:2 Story
Utilities
- Sewer:Public Sewer
Finances and disclosures
- Price:$1,375,000
- Price per sq. ft.:$295.57
- Tax amount:$15,064 (2025)
Parking
- Total parking spaces:6
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