265 E 7th St Hialeah, FL $ 1,600,000
265 E 7th St
$ 1,600,000
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265 E 7th St

Hialeah, FL, 33010
$ 1,600,000
Baths0.0 Sq 7,324

Monthly Estimate*

$ 9,583

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Studio

Commercial Property for sale in Hialeah, FL

for $1,600,000. This 7,324 square foot building was built in 1935 on a lot size of 0.307622.

This is a rare opportunity to acquire one apartment building of 8 units in Miami's fastest-growing neighborhood Hialeah. Situated in prime location, this property offers a lucrative investment opportunity with strong rental demand, stable cash flow and significant potential for future appreciation. Gross potential income over $140,000/year, an exceptional 10% gross ROI, a figure rarely seen in Miami's market ! Building is zoned R3D.

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Commercial Active

Price

$ 1,600,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 17,242

Style

MultiFamily

Lot Size

0.307622

Year Built

1935

Town/City

Hialeah

County/Region

Miami-Dade

MLS | Web ID

A11589572

Features
General
Year Built 1935
Property SubType MultiFamily
County Miami-Dade County
New Construction N
Property Type CommercialSale
Home Owner Assoc N
Attached Garage N
Garage Y/N N
Status Active
City Hialeah
View Y/N N
Senior Community Y/N N
Zoning Description 3900
MLS Area 31
Lot Size Units SquareFeet
Lot Size Square Feet 13400.0
Private Pool N
Waterfront Y/N N
Carport Y/N N
Property Attached Y/N N
Land Lease Y/N N
Tax Annual Amount 17242.0
Home Warranty Y/N N
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Virtual Tour https://www.propertypanorama.com/instaview/mia/A11589572
Days on Market 64
Structure Type Apartment
Standard Status Active
Occupancy Type CallAgent
Property Sub Type Additional MultiFamily
Legal Description HIALEAH 4TH ADDN PB 7-83 LOT 16 BLK 33 LOT SIZE 50.000 X 135 OR 18876-4872 1199 1 COC 21552-2911 08 2003 1
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Exterior
Lot Size Area 13400.0
Spa N
Building Area Total 7324.0
Covered Spaces 0.0
Crops Included Y/N N
Open Parking Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Interior
Basement (Y/N) N
Air Conditioning Y/N N
Heating Y/N N
Fireplace Y/N N
Electric On Property Y/N N
Total Baths 0
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Internal Only
Street Number 1 265
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* Excluded Features
List By
Jmk Real Estate Agents Llc

Broker

linasportiello@gmail.com

Email

Affordability Calculator

$11,019
Per Month
87%
13%
0%
Monthly Principal & Interest
$9,583
Monthly Property Taxes
$1,437
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 5.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
292769 Elementary School
292996 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
7/20/2024$1,600,000 -48.39% Price Down
5/17/2024$3,100,000 Listed Price

Map


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265 E 7th St, Hialeah, FL, 33010 is a Commercial Property for sale at $1,600,000 with 7,324 sqft and a lot size of 0.307622. 265 E 7th St is a studio with 0.0 baths and was built in 1935. The property's zip code is 33010 which is in Hialeah, FL