1 / 239700 NW 20th Ave, Miami FL 33147
Miami, FL
List Price
$749,000
Type
Fourplex
Price reduction
11.9% below original list — was $850,000
From the listing
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 Information
- Units
- 4
- Days on Market
- 194
- Status
- active
Location
- County
- Miami-Dade County
- Zip Code
- 33147
- Coordinates
- 25.8636, -80.2313
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
Permit records
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
- 11.9% off original list price
- Multifamily with 4 units
- Represented end-to-end by Academia
- Active listing — move quickly
Deal Score
54/100
Fair
is scored →
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.
11.9% off original list (full marks at 25%+).
194 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
Strengths
- Flood zone X — outside the Special Flood Hazard Area; flood insurance not federally mandated
Risks
- Equity not yet estimated — no comps available for ARV
- Roof age ~72 yr — approaching or beyond Citizens' 25-yr eligibility threshold; may require replacement or Citizens' roof inspection
What a super-investor sees
Investor
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
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…
- Flood zone X — outside the Special Flood Hazard Area; flood insurance not federally mandated
- Roof age ~72 yr — approaching or beyond Citizens' 25-yr eligibility threshold; may require replacement or Citizens' roof inspection
What a GC / AHJ sees
Permits / condition
No permits on record for this parcel in Miami-Dade County building-permit records (records begin 1983; records current through 2026-07-23; checked 2026-09-07). Note: work below permit thresholds (in Miami-Dade, work valued under about $2,500 generally requires no permit) and work predating 1983 would not appear here. This is a verified query result, not a failed lookup.
4-point — last permit
- Roofnone on record
- Electricalnone on record
- Plumbingnone on record
- HVACnone on record
Estimates from public data — not an appraisal, insurance quote, or financing commitment. Insurability as of 2026-09-07. Verify with licensed professionals.
Deal calculator
Value-add deal calculator
9700 NW 20th Ave, Miami FL 33147, Miami, 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
$431,674
Room vs list (above list)
$317,326
Est. equity
-$144,480
-19% of ARV, at list
ROC at list
-16%
Est. all-in at list
$893,480
list + rehab + txn + carry
70% rule MAO
$472,300
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.