$5,000,000Active

NW 5th Street, Hialeah, FL 33010

Hialeah, FL 33010

Sq Ft

1.2 acres

Lot Size

Listing Snapshot

List Price	$5,000,000
Beds	0
Baths	0
Living Area	0 sqft
Lot Size	1.2 acres

Property Tax	$54,272/yr
MLS #	1179688717
Status	Active

About This Home

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.

General Features

Property Type: Land
Sub-type: UnimprovedLand
Zoning: 3900
Utilities: ElectricityAvailable,PhoneAvailable,SewerAvailable,WaterAvailable
Subdivision: TOWN OF HIALEAH FLA