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715 W 29th Street Hialeah, FL $ 2,599,000
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$ 2,599,000 Get more info
715 W 29th Street
$ 2,599,000
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715 W 29th Street

Hialeah, FL
$ 2,599,000
Bedrooms-- Baths-- Sq 5,332

Monthly Estimate*

$ 16,002

715 W 29th Street, Hialeah, FL - Image 1
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715 W 29th Street, Hialeah, FL - Image 3
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715 W 29th Street, Hialeah, FL - Image 6
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Commercial Property for sale in Hialeah, FL

for $2,599,000. This 5,332 square foot building was built in 1968 on a lot size of 0.15.

Prime 8-Unit Multifamily Investment in Thriving Hialeah - Strong Cash Flow & Upside Potential! Seize this turnkey income producer at 715 W 29th St, Hialeah, FL 33012: a well-maintained 2-story, 5,332 sq ft apartment building on a 6,375 sq ft lot, built in 1968 with key updates including a 2019 roof, fully renovated bathrooms (last 3 years), and wall AC units in every apartment. Mix of 4 x 2BD/1BA and 4 x 1BD/1BA units, 100% occupied on flexible month-to-month leases, ideal for rent optimization in a market with YOY growth. Financial Highlights: Annual Gross Income: $171,120; Operating Expenses: $45,172; NOI: $125,948 (5% cap rate at asking price). Pro Forma Potential: Raise rents 5-10% immediately due to below-market rates and strong local demand. Located in Hialeah's vibrant core, minutes from major highways (I-95, Palmetto Expressway), Miami International Airport, and industrial hubs fueling job growth. No vacancies, deferred maintenance, or issues. Zero capex needs short-term. Perfect for 1031 exchanges, value-add plays, or long-term hold. Seller open to clean offers; quick close possible.

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Commercial Active

Price

$ 2,599,000

Property Type

Commercial

Taxes

$ 18,742

Style

Lot Size

0.15

Year Built

1968

Town/City

Hialeah

County/Region

Miami-Dade

MLS | Web ID

B26007690
Features
General
Sewer Public Sewer
Heating Central Individual
Cooling Central Air
Utilities Electricity Connected Other
Possession Close Of Escrow
Roof Shingle
Security Features Smoke Detector(s)
Construction Materials Block
Year Built 1968
Electric Separate Meters
Stories Count 2
Levels Two
Property Subtype Multi Family
Tax Year 2025
County Miami-Dade
New Construction false
Property Type Commercial Sale
Status Active
City Hialeah
Number Of Units Total 8
MLS Area 2300
Tax Annual Amount 18742
Property Condition Resale
Virtual Tour https://www.propertypanorama.com/715-W-29th-Street-Hialeah-FL/unbranded
Standard Status Active
Ownership Type Corporation
Property Sub Type Additional Multi Family
Legal Description INDUSTRIAL CENTER PB 14-81 LOT 23 BLK 17 LOT SIZE 6375 SQ FT OR 14005-3619 0289 1
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Interior
Flooring Ceramic Tile Tile
Total Stories 2
Air Conditioning Y/N true
Heating Y/N true
Total Baths 0
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Exterior
Parking Features Accessible Parking Common
Lot Features City Lot < 1/4 Acre
Water Source Public
Total Parking 2
Lot Size Area 6375
Building Area Total 5332
Lot Size Acres 0.15
Road Frontage Type City Street
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* Excluded Features
List By
Moe Mossa

Listing Agent

Affordability Calculator

$17,564
Per Month
91%
9%
0%
Monthly Principal & Interest
$16,002
Monthly Property Taxes
$1,562
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% 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
4827338 Elementary School
4827337 Middle School
Unknown High School High School
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Pricing History
Date Price Price Change Description
3/27/2026 $2,599,000 Listed Price

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715 W 29th Street, Hialeah, FL, is a Commercial Property for sale at $2,599,000 with 5,332 sqft and a lot size of 0.15. 715 W 29th Street was built in 1968. The property's zip code is which is in Hialeah, FL

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