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538 NW 20th Ave
Multi-Family
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$965,000

$362/sqft

538 NW 20th Ave, Miami

Great $/sqft
0 bd·0 ba·2,666 sqft
Built 1946Citrus Grove

538 NW 20th Ave, Miami, FL

0 bd · 0 ba · 2,666 sqft Multi-Family listed at $965,000, built in 1946 in the Citrus Grove neighborhood.

About this home

Recently renovated income-producing property featuring significant capital upgrades. including a new electrical riser, updated plumbing systems, new wood flooring throughout, fresh interior and exterior paint, new central AC, washer and dryer, oven, newly installed kitchens in both the front and rear residences. The property is delivered in turn-key condition with stabilized income and minimal deferred maintenance, offering an attractive opportunity for investors seeking immediate cash flow.

Property details

Price
$965,000
Bedrooms
0
Bathrooms
0
Interior
2,666 sqft
Price / sqft
$362
Year built
1946
Type
Multi-Family
Days on market
52
Est. property tax
$8,299/yr · $692/mo · 0.86% FL avg
Last sold
$755,000 · Apr 2023

Estimated monthly payment

Down payment20% ($193,000)
Interest rate6.75%
Principal & Interest$5,007
Property Tax$885
Insurance$150
Total$6,042/mo

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Price history

$1.06M$499K$-60K$33K on Jul 72 (Sold)$129K on Oct 95 (Sold)$178K on Mar 03 (Sold)$275K on Sep 04 (Sold)$450K on Oct 16 (Initial list)$425K on Oct 16 (Price change)$390K on Aug 17 (Sold)$390K on Oct 17 (Sold)$550K on Aug 20 (Price change)$690K on Nov 21 (Initial list)$690K on Jan 22 (Price change)$799K on Dec 22 (Initial list)$769K on Feb 23 (Price change)$755K on Apr 23 (Sold)$965K on Mar 26 (Initial list)
$33K · Jul 72$965K · Mar 26
  1. Mar 4, 2026$965,000Initial list price
  2. Apr 11, 2023$755,000Sold
  3. Feb 22, 2023$769,000Price change
  4. Dec 16, 2022$799,000Initial list price
  5. Jan 19, 2022$689,990Price change
  6. Nov 4, 2021$689,990Initial list price
  7. Aug 30, 2020$550,000Price change
  8. Oct 24, 2017$390,000Sold
  9. Aug 17, 2017$390,000Sold
  10. Oct 29, 2016$425,000Price change
  11. Oct 12, 2016$450,000Initial list price
  12. Sep 9, 2004$275,000Sold
  13. Mar 26, 2003$178,000Sold
  14. Oct 3, 1995$128,500Sold
  15. Jul 1, 1972$33,000Sold

Location

This home is located in Miami, FL, in the South Florida area. Browse more Miami listings on the Miami market page or explore the full Miami market report.

Home Intelligence

Neighborhood (zip 33125)

This neighborhood is primarily renter-occupied (24% owner-occupied). Median age is 42.6; 13% hold a bachelor's degree; median household income is $37,370.

Median income
$37,370
Median age
42.6
Owner-occupied
23.9%
Bachelor's degree
13.0%
Census median home value
$339,300

Source: US Census Bureau American Community Survey 5-year estimates.

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