FOR SALE

20 37th St

Miami-dade, Palm Ave Lawns, Hialeah, FL

Asking

$1,375,000

BTC

18.190

ETH

583.06

Home Size
4,652 sq. ft.
Year Built
1971
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.

LOADING

Location

Market Area
Miami-Dade
Neighborhood
PALM AVE LAWNS

Agents

Vanessa Gala

+1 310 910 1722

Anailis Rodriguez

+1 310 910 1722

Contact Email

[email protected]