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.
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.
Property Details
Price:
$1,375,000
MLS #:
A11983450
Status:
Pending
Beds:
0
Baths:
0
Type:
Multi Family
Subtype:
Quadruplex
Subdivision:
PALM AVE LAWNS
Neighborhood:
palmavelawns
Listed Date:
Mar 16, 2026
Finished Sq Ft:
4,652
Total Sq Ft:
4,652
Year Built:
1971
See this Listing
Schools
Interior
Cooling
Central Air
Flooring
Terrazzo
Heating
Central
Exterior
Architectural Style
Other
Construction Materials
CBS Construction
Lot Features
Less Than 1/4 Acre Lot
Parking Spots
6
Parking Total
6
Roof
Shingle
Stories
2
Financial
Tax Year
2025
Taxes
$15,064
Map
Community
- Address20 W 37th St Hialeah FL
- SubdivisionPALM AVE LAWNS
- CityHialeah
- CountyMiami-Dade County
- Zip Code33012
Subdivisions in Hialeah
Market Summary
Current real estate data for Multi Family in Hialeah as of May 06, 2026
17
Multi Family Listed
211
Avg DOM
397
Avg $ / SqFt
$974,147
Avg List Price
Property Summary
- Located in the PALM AVE LAWNS subdivision, 20 W 37th St Hialeah FL is a Multi Family for sale in Hialeah, FL, 33012. It is listed for $1,375,000 To schedule a showing of MLS#a11983450 at 20 W 37th St in Hialeah, FL, contact your CENTURY 21 Carioti agent at 800-783-8847.
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20 W 37th St
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