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Nw 5th St, Hialeah, FL 33010

$5,000,000
  • —

    bed

  • —

    bath

  • 0.1

    Acre ($51.2M/Acre)

Lot/Land for sale 55 days
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About Nw 5th St

Property type Lot/Land
Neighborhood
HOA fee $0/month
Lot size 4,250 Sqft
Property description
Income generating development opportunity, 6 folio assemblage totaling 1.3 acre (44,750 SF). Strategically located in Hialeah one block from Miami Springs. City and state incentives such as Hialeah’s Neighborhood Business District overlay and Florida’s Live Local Act can apply on this property. Property currently features 10 income producing units with a monthly cash flow of $14,200. Along with an additional 12 units that brings in $12,000 a month. This allows the developer to collect income to cover costs while developer is going through the entitlement and planning stages for future development. Seller will also consider a Joint Venture with any builder that has a vision.
Listed by
Listing Agent - Mary Arbelaez
Listing Office - The Canero Group
Source: SEFMLS mls logo
MLS#A12066819 • last updated 3 weeks ago
Movoto checked SEFMLS for data 9 minutes ago
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Overview
Type Land
Status Active
Virtual Tour External Link
MLS # A12066819
Lot Size (SqFt) 4250
Lot Size (Acres) 1.2
Property Tax 54272
Interior
Exterior
Amenities / Utilities
Sewer/ Septic Other
Water Source Public
Location
Subdivision TOWN OF HIALEAH FLA
Area/ Subdivision 41
APN 04-31-18-001-2161
Directions Use Your Favorite GPS App.
Zoning 3900
Multifamily Details
Gross Scheduled Income 158200
Lot/ Land Details
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  • 33010
  • Nw 5th St

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