9700 NW 20th Ave, Miami FL 33147 | Miami-Dade County | A11919512
  • $749,000

Description

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 Overview

This four-unit property at 9700 NW 20th Ave is a well-maintained quadruplex offering two 2-bedroom, 1-bathroom units and two 1-bedroom, 1-bathroom units. Built in 1954, the building has a strong history of generating positive cash flow, with all units currently occupied and producing consistent rental income. The layout and condition of each unit make for a straightforward investment that can support a range of tenant types. The property is located in the Woodland Addn neighborhood of Miami, a stable and family-friendly area with access to good public schools. Daily conveniences are nearby, including major highways, shopping centers, restaurants, and medical facilities. The location is also just a short drive from Miami Beach, offering residents and tenants a balance of suburban comfort and urban access. Priced at $749,000, this fourplex presents a solid opportunity in a market with steady appreciation. The property's strong rental history and well-kept condition underscore its potential for both long-term income and future value. It’s a well-maintained asset in a desirable part of the city, with the fundamentals in place for a successful real estate investment.

Frequently Asked Questions

How many units are in the property, and what are their sizes?

The property is a fourplex with two 2-bedroom, 1-bathroom units and two 1-bedroom, 1-bathroom units.

What is the current condition and rental status of the units?

The units are well-maintained and currently generating strong positive cash flow with excellent rental history.

Where is the property located, and what are the nearby amenities?

It is located at 9700 NW 20th Ave, Miami, FL 33147. It’s in a stable neighborhood with easy access to major highways, shopping centers, restaurants, medical facilities, and beautiful beaches.

What is the price, and why is this a good investment opportunity?

The asking price is $749,000. It offers consistent income potential with strong rental history and is in an area experiencing steady appreciation.

How old is the property, and what is the building type?

The property was built in 1954 and is part of the Woodland Addn building.

Is the property zoned for investment or residential use?

The property is a multi-family fourplex, making it well-suited for investment and long-term rental income.
  • Address: 20th Ave
  • City: Miami
  • State/county: Miami-Dade County
  • Zip/Postal Code: 33147
  • Area: WOODLAND ADDN

Details

Updated on June 21, 2026 at 2:40 pm
  • Property ID A11919512
  • Price $749,000
  • Year Built 1954
  • Type Quadruplex
  • Property Status Active, Residential Income

Additional details

  • Flooring Other
  • Cooling Ceiling Fan(s), Wall/Window Unit(s)
  • Association Type None
  • Building WOODLAND ADDN
  • Area Woodland Addn
  • Annual Tax 9078
  • Association No
  • Private Pool No
  • Listing Terms All Cash, Conventional, FHA, VA Loan
  • Waterfront No
  • Subdivision WOODLAND ADDN
  • Total Stories 1
  • Heating Window/Wall
  • Structure Type Quadruplex, Fourplex
  • Tax Year 2025
  • Construction Concrete Block Construction, Other
  • Building Area 0
  • Year Built Details Unknown
  • Flood Zone X
  • New Construction No
  • Style Fourplex
  • Lot Size (Sq Ft) 0

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Christopher Lazaro

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