1 / 26Hialeah, 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.
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.
Permit history
Live permit data isn’t available via open data for this jurisdiction yet — check the official record directly.
Private inquiry
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Why this deal
Deal Score
49/100
Fair
Scored neutral: our comparable-sale selection is being rebuilt so that it no longer references the asking price, and we will not score equity from an estimate we are not willing to publish.
5.8% off original list (full marks at 25%+).
596 days on market (full marks at 120+ — more time = more leverage).
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
Risks
What a super-investor sees
Investor
Investor equity estimate based on ARV from closed MLS comps minus list price and estima…
What a bank sees
Lender / financing
Lender financeability estimate based on list price, ARV, and condition signals. Not a f…
What an insurer sees
Insurance / 4-point
Insurability read from roof, electrical, plumbing and HVAC ages in the public record. M…
What a GC / AHJ sees
Permits / condition
We could not match this address to a county parcel, so no permit search was run. This is a limitation of our lookup and says nothing about the property. Verify directly with the building department.
4-point — last permit
Estimates from public data — not an appraisal, insurance quote, or financing commitment. Insurability as of 2026-09-07. Verify with licensed professionals.
Deal calculator
620 W 29th St, Hialeah FL 33012, Hialeah, FL
ARV is seeded from the asking price, not from comps — enter your own after-repair value. We are rebuilding comparable-sale selection so it no longer references the ask, and we will not pre-fill this field from an estimate we are not publishing.
Recommended max offer
$1,082,071
Room vs list (above list)
$612,929
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.
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Equal Housing Opportunity. Academia Real Estate Corp is committed to the letter and spirit of U.S. policy for the achievement of equal housing opportunity throughout the nation. We do not discriminate on the basis of race, color, religion, sex, handicap, familial status, or national origin.