9700 NW 20th Ave, Miami, FL 33147 — MLS photo

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9700 NW 20th Ave, Miami, FL 33147

Active · Quadruplex

$749,000

9700 NW 20th Ave, Miami, FL 33147

Beds
—
Baths
0
Living area
— sq ft
$ / sq ft
—
Year built
1954
Lot size
—
HOA fee
—
Annual tax
$9,078

About this property

Fantastic investment opportunity! This well-maintained fourplex features two spacious 2-bedroom, 1-bath units and two 1-bedroom, 1-bath units, all currently generating strong positive cash flow. Located in a highly desirable and stable neighborhood with access to good schools, this property appeals to both long-term tenants and investors seeking consistent returns. Centrally located with easy access to major highways, shopping centers, restaurants, medical facilities, and just minutes from beautiful beaches, this property offers both convenience and lifestyle appeal. Each unit is well-kept with excellent rental history, and the area continues to see steady appreciation, making this a secure, income-producing asset.

Property location

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9700 NW 20th Ave, Miami, FL 33147

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Facts & features

Interior

Bathrooms
0
Flooring
Other
Cooling
Ceiling Fans, Wall Window Units
Heating
Wall Furnace

Exterior & Structure

Property type
Quadruplex
Year built
1954
Architectural style
Fourplex
Roof
Other, Shingle
Construction
Block, Other
Pool
None

Parking

Covered spaces
0

HOA, Community & Financials

Annual tax
$9,078
Subdivision
WOODLAND ADDN
County
Miami-Dade
Days on market
28
MLS listing ID
A11919512
Listing status
Active

Investment intelligence

Yield & ROI calculator

Pre-filled from this listing's price, HOA and tax record. Adjust anything to see returns update instantly.

Estimated monthly cash flow

-$1,036

Cap rate
4.0%
Net yield
4.0%
Cash-on-cash return
-5.9%
Gross yield
6.6%
Mortgage payment
$3,551/mo
Down payment
$187,250
Loan amount
$561,750
Annual NOI
$30,175

Estimates only — includes 5% maintenance reserve and ~3% closing costs in cash invested. Verify taxes, HOA and insurance before making an offer.