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620 W 29th St, Hialeah FL 33012 — photo 11 / 26
5.8% reduced

620 W 29th St, Hialeah FL 33012

Hialeah, FL

List Price

$1,695,000

Type

Fourplex

Price reduction

5.8% below original list — was $1,800,000

From the listing

Located in the heart of Hialeah this beautiful apartment complex is an investors dream. Built in 2020 this apartment complex is all block construction, has hurricane impact windows and doors, and a new roof. The apartments are fully leased to excellent long term tenants that have been renting since the apartments were constructed. The units come with all modern appliances, A/C, and stacked washer and dryers. Located near wide range of activities including a public library, highly rated schools, Hialeah Park and Casino. On top of all the activities in the area it is within walking distance of many shops, drug stores and restaurants making it a prime location for tenants to want to live long term.

Property Information

Units
1
Days on Market
596
Status
active

Location

County
Miami-Dade County
Zip Code
33012
Coordinates
25.8478, -80.2948

Represented by Academia

Academia Real Estate Corp can represent you on this property. Use the inquiry form to have a licensed broker reach out with full details and next steps.

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Property: 620 W 29th St, Hialeah FL 33012

Price: $1,695,000

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Why this deal

  • 5.8% off original list price
  • Value-add opportunity
  • Represented end-to-end by Academia
  • Active listing — move quickly

Deal Score

49/100

Fair

How this
is scored →
Estimated equityassumed40%

No comp-based ARV yet for this listing — equity scored neutral.

Discount depth20%

5.8% off original list (full marks at 25%+).

Days on market20%

596 days on market (full marks at 120+ — more time = more leverage).

Seller-motivation signals20%

No explicit distress language in the public remarks.

A screen of the public MLS data we have — not an appraisal, valuation, or investment advice. Factors marked “assumed” were missing from the feed and scored neutral.

Deal scorecard

How four stakeholders read this deal

Coverall

Risks

  • Equity not yet estimated — no comps available for ARV
  • Flood zone AH — mandatory flood insurance required (NFIP or private); adds to carrying cost

What a super-investor sees

Investor

C

Investor equity estimate based on ARV from closed MLS comps minus list price and estima…

  • Equity not yet estimated — no comps available for ARV

What a bank sees

Lender / financing

C

Lender financeability estimate based on list price, ARV, and condition signals. Not a f…

What an insurer sees

Insurance / 4-point

C

insurability v1. Miami-Dade is entirely within the HVHZ (High-Velocity Hurricane Zone) …

  • Flood zone AH — mandatory flood insurance required (NFIP or private); adds to carrying cost

What a GC / AHJ sees

Permits / condition

B

Permit data from Miami-Dade public records; may lag; verify open permits with the AHJ. …

4-point — last permit

  • Roofnone
  • Electricalnone
  • Plumbingnone
  • HVACnone

Estimates from public data — not an appraisal, insurance quote, or financing commitment. Insurability as of 2026-07-24. Verify with licensed professionals.

Deal calculator

Value-add deal calculator

620 W 29th St, Hialeah FL 33012, Hialeah, FL

No closed comps matched yet — ARV below is a starting estimate. Verify.

Recommended max offer

$1,169,000

Room vs list (above list)

$526,000

Est. equity

-$221,775

-13% of ARV, at list

ROC at list

-12%

Est. all-in at list

$1,916,775

list + rehab + txn + carry

70% rule MAO

$1,169,000

Estimates only — not investment advice or an offer. ARV is drawn from recent closed comps; rehab from a rate-card range. Verify ARV, rehab, and all costs with a licensed professional before acting.

One Academia. Academia Development Corp and Academia Real Estate Corp are divisions of The Academia Group.

Florida Licensed · Real Estate Broker BK3384781 · verify at myfloridalicense.com