$1,700,000
Hialeah, FL 33010
MLS# A12058410
4905 sqft
1 / 5
Property Description
This well-maintained, 2-story building with 4,905 sq ft of living space sits on a 6,450 sq ft lot and was built in 1971. Key updates include a 1 year old roof, security cameras and impact windows. The property features a mix of four 1BD/1BA units and four 2BD/1BA units. It is 100% occupied on flexible month-to-month leases, offering an ideal opportunity for rent optimization in a market with consistent year-over-year growth. Annual Gross Income: $124,800 - Operating Expenses: $49,000 - Net Operating Income (NOI): $75,800 (4% cap rate at asking price) - Pro Forma Potential: Immediate 5-10% rent upside due to below-market rates and strong local demand.DO NOT DISTURB THE TENANTS.
Details
Maps
Contract Information
Comp Sale YN: No
Listing Date: 2026-07-16
Status: Active
Original List Price: 1700000
List Price: $1,700,000
Current Price: $1,700,000
Location and Legal
County Or Parish: Miami-Dade
County Parish Name: Miami-Dade
City Name: Hialeah
Municipal Code: 4
Postal Code: 33010
Subdivision Number: 4
Flood Zone: AH
Property Description: Apartment Building
Country: United States
Street Number: 85
Street Direction Prefix: W
Street Name: 28th
Street Suffix: Street
State Or Province: FL
Postal Code +4: 1787
Area: 2310
Parcel Number: 0431070040930
Zoning: 4600
General Property Information
Number Of Buildings: 1
Price Per Unit: 212500
Occupant Type: Tenant
Lot Size Area: 6450
Stories Total: 2
Property Sub Type: Multi Family
Building Area Main: 4905
Year Built: 1971
Parking Total: 10
Lot Size Acres: 0.15
Currently Not Used
Ownership Type: Sole Proprietor
Financial Information
Tax Assessed/SOH Value: 215
Tax Annual Amount: 13920
Tax Year: 2025
Tax Legal Description: 7 53 41 HIALEAH 11TH ADD PB 9-76 LOT 28 BLK 175 LOT SIZE 50.000 X 129 OR 13265-1209 0487 1
Office/Member Information
DXORIGMLSID: SEF
Flooring
Terrazzo: 1
Parking Features
Assigned: 1
Documents Available
Photos: 1
Meter Information
Number Of Meters Total: 9
Tenant Pays
Electricity: 1
Interior Electric: 1
Telephone: 1
Location of Property
City Location: 1
Possession
Close Of Escrow: 1
Negotiable: 1
Special Information
Flood Zone: 1
Utilities
Sewer Available: 1
Ceiling
Other: 1
Common Area Maintenance Includes
Exterior Electric: 1
Exterior Maintenance: 1
Grounds/Plants: 1
Real Estate Tax: 1
Water: 1
Heating
Window/Wall: 1
Sale Includes
Building: 1
Land: 1
Construction Materials
Block: 1
Listing Terms
Cash: 1
Conventional: 1
Road Frontage Type
City Street: 1
Security Features
Security System: 1
Water Source
Public: 1
Income and Expenses
Real Estate Taxes: 13920
Utilities Expense: 8400
Occupancy Percentage: 100
Insurance Expense: 15880
Maintenance Expense: 6000
Trash Expense: 4800
Source Of Expenses
Owner Provided: 1
Cooling
Wall/Window Unit(s): 1
Showing Requirements
Appointment Only: 1
Call Listing Agent: 1
No Sign: 1
Price Calculations
Current Price To SqFt: 346.58
Section Details
Parcel Number MLX: 0930
Status Change Information
Major Change Timestamp: 2026-07-16T04:00:00Z
Major Change Type: New Listing
Status Change Date: 2026-07-30
Originating Details
Originating System Key: 534894930
Originating System ID: M00000151
Property Features
Ceiling: Other
Common Area Maintenance Includes: Exterior Electric; Exterior Maintenance; Grounds/Plants; Real Estate Tax; Water
Flooring: Terrazzo
Heating: Window/Wall
Location of Property: City Location
Parking Features: Assigned
Possession: Close Of Escrow; Negotiable
Sale Includes: Building; Land
Source Of Expenses: Owner Provided
Tenant Pays: Electricity; Interior Electric; Telephone
Construction Materials: Block
Cooling: Wall/Window Unit(s)
Listing Terms: Cash; Conventional
Road Frontage Type: City Street
Security Features: Security System
Special Information: Flood Zone
Utilities: Sewer Available
Water Source: Public
Showing Requirements: Appointment Only; Call Listing Agent; No Sign
Listing Office: RE/MAX United Realty
Last Updated: August - 03 - 2026
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