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9700 NW 20th Ave, Miami, FL, 33147

6beds
4baths
0sqft
$749,000
--price/sqft
$4,768/moest. monthly cost
$190,720/yrincome needed

About This Home

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.

Getting Around

58
WalkingSomewhat Walkable
44
TransitSome Transit
46
BikeSomewhat Bikeable

Schools

4/10
Madison Middle SchoolGrades 6-81.6 mi

Construction

Condition

  • Year built: 1954

Materials

  • Roof: Other,Shingle
  • Construction materials: Concrete Block Construction,Other

Type & Style

  • Home type: MultiFamily
  • Property subType: Quadruplex

Interior

Bedrooms & Bathrooms

  • Bedrooms: 6
  • Bathrooms: 4

Features

  • Flooring: Other

Heating & Cooling

  • Heating features: Window/Wall
  • Cooling features: Ceiling Fan(s),Wall/Window Unit(s)

Interior Area

  • Total structure area: 0

Property

Details

  • Parcel number: 3031030190720
  • Zoning: 5100 BUNGALOW COURTS

Features

  • Stories: 1

Lot

  • Features: Less Than 1/4 Acre Lot

Parking

  • Total spaces: 4

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Cold Wave
    Cold WaveModerate
  • Hurricane
    HurricaneModerate
  • Heat Wave
    Heat WaveModerate
  • Lightning
    LightningModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Cold Wave
Hurricane
Heat Wave
Lightning
Tsunami

FEMA Declared Disasters in Miami-Dade County and Florida

Flood
Hurricane
Tropical Depression
Tropical Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $3,787$45,444
Home Insurance *$279$3,348
Property Taxes $505$6,060
Electricity $197$2,366
Total$4,768$57,216
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$163,474/yr
40% on housing$143,040/yr
45% on housing$127,146/yr

Florida FAIR Plan Programs

Citizens Property Insurance Corporation [Florida]

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 1,321,953Commercial: 13,564
Total Premiums$4.60B
Total Exposure$385.82B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 7.8%
7.8%
0%30.0%
Electricity Growth Rate10-year average: 2.2%
2.2%
0%15.0%
Property Taxes Growth Rate2-year average: 3.3%
3.3%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

--This listing

vs Other Active Listings

Avg $/sqft

ZIP 33147$248
Miami-Dade County$639

vs Homes Sold Last Month

Median $/sqft

ZIP 33147$360
Miami-Dade County$404

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2025-12-22Price change$749,000
2025-11-25Listed for sale$850,000

For Sale by Agent

AgentDavid Wilson
BrokerageThe R.E. Resource Grp., Inc.

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