Home » Hialeah » 265 E 7th St, Hialeah, FL 33010 | A11589572

Multi Family For Sale 265 E 7th St, Hialeah, FL 33010

$1,600,000
Price has decreased by $1,500,000

Property Highlights

Listing ID A11589572 Status of this Listing: Active For Sale Property Type Commercial Sale Multi Family Building Area 7,324 Sqft/680.42 m2 approx. Lot area 13,400 Sqft/1244.90 m2 approx. Year Built 1935 Time of this property on Rebonus 262 Day(s)

265 E 7th St, Hialeah, FL 33010

Property Description: 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.

Useful Info

Previous Asking Price:$3,100,000
Original List Price:$3,100,000

Land Lot (Parcel) Details

Lot Size Unit:Square Feet

Construction

Structure Type:
  • Apartment

Property Features

Waterfront:No

Taxes and Expenses

Tax Annual Amount:$17,242

Property Tax Notice for Buyers: Do not rely on the current property taxes paid by the seller, as your tax liabilities may increase following the sale. Transferring ownership or making improvements to the property often triggers tax reassessments, which could raise the amount you owe. If you have questions regarding property valuation, please contact the County Property Appraiser’s Office.

Terms

Occupant Type:
  • Call Agent
Lease Considered:No

Community

Senior Community:No

Parking

Covered Spaces:0

More Details

Other Information:
Flood ZoneX
FEMA Flood Zone DesignationsX
Municipal Code4
Subdivision Number6

Zoning and Legal

Tax 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
Real Estate Folio Number (Parcel Number):04-31-18-006-0700
Zoning Description:3900
Public Survey Township:4
Public Survey Range:31
Public Survey Section:18

Listing History

Update/EventDate/Days
Published Date:May 17, 2024 10:07 am
On Market Date:May 17, 2024
Price Change Date Time:July 20, 2024 10:33 am
Last Important Update Description:Price Change
Date and Time of Last Important Update:July 20, 2024 10:33 am
Status Last Changed:May 17, 2024 10:07 am
Photos Last Modified:May 17, 2024 2:40 pm
Last Modified:September 30, 2024 9:35 pm
Days on the Market Reference Date:July 20, 2024
Days on the Market (updated on Last Modified*):64
Cumulative Days on the Market (updated on Last Modified**):64

Additional Information

Number of Photos:28
Location:,,
Included:,,
Area:31
Courtesy of:JMK Real Estate Agents LLC
Universal Property Id:US-12025-N-0431180060700-R-N

Location

Show Property Address:Yes
Street Name:7th St
Street Number:265
Street Direction Prefix:E
Street Address:265 E 7th St
City : Hialeah
State : Florida
Zip Code : 33010
County : Miami-Dade
Full Address:265 E 7th St, Hialeah, FL 33010
Latitude:N25° 49' 42.8''
Longitude:W81° 43' 25.7''

Neighborhood

Postal City:Hialeah

Property Map