20 37th St ,Other, Quadruplex, Palm Ave Lawns for Sale

20 37th St for Sale

Price $1,375,000.00

• Lot size 4652
• Year Build 1971
• Waterfront
• Zip 33012
• Style Other
• Parking Description
• Pool Yes
• Status Active

Description

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.

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

Less Than 1/4 Acre Lot

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.

City:Hialeah,Zoning:5400,List A O R:A-Miami Association of REALTORS,Stories:2,Tax Year:2025,Latitude:25.8555358,Cooling Y N:1,Heating Y N:1,List Price:1375000,Listing Id:A11983450,Longitude:-80.2832246,Mls Status:Active,Year Built:1971,Living Area:4652,Postal Code:33012,Street Name:37th St,Coordinates:1:25.8555358,Photos Count:51,Building Name:PALM AVE LAWNS,Lot Size Units:Square Feet,M I A M I R E_ Area:31,M L S Area Major:Palm Ave Lawns,On Market Date:2026-03-16,Parcel Number:04-31-06-005-0070,Parking Total:6,Property Type:Residential Income,Rent Includes:1:Sewer,2:Trash Collection,3:Water,Stories Total:2,Street Number:20,M I A M I R E_ Style:Fourplex,Public Remarks: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.,Structure Type:1:Fourplex,County Or Parish:Miami-Dade County,Expiration Date:2026-08-07,List Office Name:AV Capital Advisors, LLC.,Standard Status:Active,Living Area Units:Square Feet,Major Change Type:New,Postal Code Plus4:5258,Property Sub Type:Quadruplex,State Or Province:FL,Street Dir Prefix:W,Subdivision Name:PALM AVE LAWNS,Tax Annual Amount:15064,Unparsed Address:20 W 37th St, Hialeah FL 33012,Listing Agreement:Exclusive Right To Sell,Year Built Details:Resale,Building Area Total:4652,Building Area Units:Square Feet,Leasable Area Units:Square Feet,M I A M I R E_ Flood Zone:AH,M I A M I R E_ L P Amt Sq Ft:295.5718,Original List Price:1375000,Public Survey Range:31,I D X Participation Y N:1,M I A M I R E_ N A R Rules Y N:1,Syndication Remarks: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.,Listing Contract Date:2026-03-16,Originating System I D:miamire,Public Survey Section:6,Showing Instructions:Call Listing Agent,No Sign,Other Showing Instruction,Street Number Numeric:20,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,M I A M I R E_ Current Price:1375000,Public Survey Township:31,M I A M I R E_ Municipal Code:4,M I A M I R E_ Total Mortgage:175000,Originating System Name:Miami Association of REALTORS?,M I A M I R E_ Adjusted Area S F:4054,M I A M I R E_ Exp Incl Retax Y N:1,M I A M I R E_ Exp Incl Trash Y N:1,M I A M I R E_ Internet Remarks:6 Unit 4Plex in Hialeah bustling core.,M I A M I R E_ Parcel Number M L X:0070,M I A M I R E_ Separate Meter Y N:1,M I A M I R E_ Showing Time Flag:1,M I A M I R E_ Street View Param:1$25.855511$-80.283183$135.50$13.33$1.00$tyZ5de9iHPKYXB9fCGQQgw,Contract Status Change Date:2026-03-16,Internet Address Display Y N:1,M I A M I R E_ Cable Available Y N:1,Number Of Units In Community:4,M I A M I R E_ Exp Incl Electric Y N:1,M I A M I R E_ Ok To Advertise List:With Written Broker Approval,M I A M I R E_ Subdivision Number:5,M I A M I R E_ Exp Incl Insurance Y N:1,M I A M I R E_ Agent Alternate Phone:786-326-8655,M I A M I R E_ Exp Incl Management Y N:1,M I A M I R E_ Exp Incl Water Sewer Y N:1,Internet Entire Listing Display Y N:1,M I A M I R E_ Address Internet Display:20 W 37th St,M I A M I R E_ Exp Incl Lawn Maintenance Y N:1,M I A M I R E_ R A T I O_ Current Price_ By_ S Q F T:295.57,