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$ 5,000,000
Est. payment /mo
New
NW 5th st Hialeah, FL 33010
1.2 Acres Lot
UPDATED:
Key Details
Property Type Vacant Land
Listing Status Active
Purchase Type For Sale
Subdivision Town Of Hialeah Fla
MLS Listing ID A12066819
HOA Y/N No
Annual Tax Amount $54,272
Tax Year 2025
Lot Size 1.200 Acres
Acres 1.2
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.
Location
State FL
County Miami-dade
Community Town Of Hialeah Fla
Area 31
Direction Use your favorite GPS app.
Exterior
Utilities Available Electricity Available, Phone Available, Sewer Available, Water Available
Present Use Commercial,Unimproved
Private Pool Yes
Building
Sewer Other
Water Public
Others
Tax ID 04-31-18-001-2161
Virtual Tour https://www.propertypanorama.com/instaview/mia/A12066819
Listed by The Canero Group
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