NW 5th st, Hialeah FL 33010

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.

Building & Association

Building Name

TOWN OF HIALEAH FLA

Association

No

Lot & Construction

Lot Features

City Location, Near Airport, 1-2.5 Acres

Lot Size Square Feet

4,250

Waterfront

No

View

No

New Construction

No

Public Records

Parcel Number

04-31-18-001-2161

Tax Annual Amount

$54,272

Tax Year

2,025

Zoning

3900

County Or Parish

Miami-Dade County