Renovated
458 E 20th St, Hialeah, FL 33013
For Sale
$849,999
Two units have updated kitchens and bathrooms, impact windows, and layouts suited to short-term rental use.
Property Size2,211 SF
Price / SF$384.44
Days on Market287
Property Features for 458 E 20th St
General Information
Standard status
Size
Property subtype
Site & Location
Highway Access
Public Transit
Additional Details
Multifamily Units
Currently Operating
Taxes and HOA fees
Annual Taxes
Amenities
impact windows
speakers throughout
prewired for alarms
Building Details
Building Size
Year Built
Buildings
Listing Agency:
One Sotheby's International Realty
Listed By:
Daniel Vera · License #3270365
(786) 972-4883
Source:
Rgirealty
Added: Jan 26
Changed: Nov 7
Last Checked: Nov 7 at 1:36PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of One Sotheby's International Realty
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Investment Insights
Based on property information with market context.
This renovated duplex in Hialeah contains 2,211 square feet and is configured with 5 bedrooms and 4 bathrooms. Both units have updated kitchens and bathrooms, impact windows, and spacious layouts. Property improvements include a new roof and gutters, speakers throughout, and prewiring for alarms. The building dates to 1946 and is operating as a short-term rental.
Key Highlights
- 2,211‑square‑foot duplex with 5 bedrooms and 4 bathrooms
- Both units feature updated kitchens, bathrooms, impact windows, and spacious layouts
- New roof and gutters
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$31,782
Cap Rate
3.74%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$635,640
$635.6K
Cap Rate 7%
$454,029
$454.0K
Cap Rate 9%
$353,133
$353.1K
Market Conditions
NOI Build-Up for 2,211 SF
Gross rent
$49.1K $22.20/SF
− Vacancy
−$3.7K −$1.67/SF
EGI
$45.4K $20.54/SF
− OpEx
−$13.6K −$6.16/SF
NOI
$31.8K $14.37/SF
Area
Hialeah, FL
Vacancy
7.50%
Lease Rate
$22.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$635,640
Cap Rate 7%
$454,029
Cap Rate 9%
$353,133
Alternative Uses
Best Use
Multifamily LT 5
$454.0K
$397.3K – $529.7K
NOI $31,782 @ 7.0% cap · market cap 3.74%
Second Best
Apartment 5plus
$423.0K
$370.1K – $493.5K
NOI $29,608 @ 7.0% cap · market cap 3.48%
Theoretical Best
Office A
$870.2K
$761.5K – $1.02M
NOI $60,917 @ 7.0% cap · market cap 7.17%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Lease Details
2
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,718
Businesses Nearby
Explore this area
Business Placement
Demographics for 33013, FL
31,068
Population
9,544
Households
3.3
Avg Household Size
48
Median Age
18%
College-Educated
72%
High-School Grad
3.8 sq mi
ZIP Area
8,176
Density / Sq Mi
$57,242
Median Household Income
$32,566
Median Earnings
$1,488
Median Rent
$407,400
Median Home Value
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Market
Average Price Trend$/SF for Duplexes in Miami-Dade County, FL
Properties on Market for Duplexes in Miami-Dade County
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - Two units have updated kitchens and bathrooms, impact windows, and layouts suited to short-term rental use.
Where is this duplex located?
The property is located at 458 E 20th St Hialeah, FL.
What is the asking price?
The asking price for this property is $849,999.
What are key features of this property?
This property features: 2,211‑square‑foot duplex with 5 bedrooms and 4 bathrooms; Both units feature updated kitchens, bathrooms, impact windows, and spacious layouts; New roof and gutters
