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Townhouse
$550,000$342 / sqft
7205 W 3rd Ave, Hialeah FL 33014
Listed
4
Bedrooms
4
Bathrooms
1,606 sqft
Interior
1972
Year built
$19 / mo
HOA
Townhouse
Type
About this home
RARE OPPORTUNITY! This unique corner townhome offers the space, flexibility, and income potential that are extremely hard to find. Featuring 4 rooms, 3.5 bathrooms, with a legal addition, this property stands out from the rest. The legal addition is currently rented for $1,600/month, providing immediate income-producing potential for the new owner. Enjoy an updated kitchen with stainless steel appliances, generous living spaces, and a spacious laundry room. One of the property's biggest advantages is the exceptional parking room for up to six vehicles, a rare find for a townhome! The desirable corner-unit location provides added privacy and makes the home feel even more spacious. Whether you're looking for additional space for extended family, a flexible living arrangement, or the opportunity to generate rental income, this property offers possibilities you simply don't find every day.
Features
- First Floor Entry
- None
Leasing
- Minimum lease
- 365 days
- Leases permitted per year
- 1
- No Daily Rentals
Leasing terms as stated in the MLS listing, not verified by us. The association’s governing documents control what is actually permitted and can change — confirm before you buy.
Location
Approximate — shows the building, not the unit. Open in maps
Run the numbers
We fill in the price and the building's HOA dues. That leaves tax, insurance and maintenance — they depend on your exemptions, your insurer and the unit, so we don't guess them. Rent starts from what comparable units are asking nearby. Vacancy and the loan terms below start at common defaults; change them.
Median asking rent for 4-bed rentals across Miami-Dade, from 200 active listings; the middle half ask $2,995–$4,000.That is what landlords ask, not what units let for — edit it if you know better.
Our default, not a market figure
From the listing
Depends on assessed value & exemptions
Varies widely by building
Repairs, turnover, management
Cap rate
Cash-on-cash
Monthly cash flow
Net operating income
Enter property tax, insurance, maintenance to see the returns. A cap rate calculated without every cost overstates the deal — often by half — so we don't show a partial one.
Illustration only — not a loan offer, quote, or investment advice. We are not a lender and neither offer nor arrange financing. The loan fields start at 20% down over 30 years at 6.5% (rates as of July 2026); that is a nominal rate for illustration, not an APR, and your actual terms will differ. Cap rate is unlevered; cash-on-cash counts the down payment as invested capital and excludes closing costs.
Listing data from the MIAMI Association of REALTORS® (MIAMIRE) IDX program. Information deemed reliable but not guaranteed. Demo data shown for layout purposes.