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.
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Why this deal
Deal Score
49/100
Fair
No comp-based ARV yet for this listing — equity scored neutral.
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 v1. Miami-Dade is entirely within the HVHZ (High-Velocity Hurricane Zone) …
What a GC / AHJ sees
Permits / condition
Permit data from Miami-Dade public records; may lag; verify open permits with the AHJ. …
4-point — last permit
Estimates from public data — not an appraisal, insurance quote, or financing commitment. Insurability as of 2026-07-24. Verify with licensed professionals.
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.
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