85 W 28th ST, Hialeah, FL 33010
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Daniel A. Hammer, Sr.

Daniel A. Hammer, Sr.

+1(678) 575-6805
$ 1,700,000
Est. payment /mo
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85 W 28th ST Hialeah, FL 33010

4,905 SqFt

UPDATED:

Key Details

Property Type Commercial

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 4,905 sqft

Price per Sqft $346

MLS Listing ID A12058410

HOA Y/N No

Year Built 1971

Annual Tax Amount $13,921

Tax Year 2025

Lot Size 6,534 Sqft

Acres 0.15

Property Sub-Type Multi Family

Property Description

This well-maintained, 2-story building with 4,905 sq ft of living space sits on a 6,450 sq ft lot and was built in 1971. Key updates include a 1 year old roof, security cameras and impact windows. The property features a mix of four 1BD/1BA units and four 2BD/1BA units. It is 100% occupied on flexible month-to-month leases, offering an ideal opportunity for rent optimization in a market with consistent year-over-year growth. Annual Gross Income: $124,800 - Operating Expenses: $49,000 - Net Operating Income (NOI): $75,800 (4% cap rate at asking price) - Pro Forma Potential: Immediate 5-10% rent upside due to below-market rates and strong local demand.DO NOT DISTURB THE TENANTS.

Location

State FL

County Miami-dade

Area 2310

Zoning 4600

Interior

Interior Features InteriorFeatures

Heating Wall Furnace

Cooling Wall/Window Unit(s)

Flooring Terrazzo

Fireplace No

Exterior

Parking Features Assigned

Utilities Available Sewer Available

Water Access Desc Public

Road Frontage City Street

Total Parking Spaces 10

Building

Lot Description City Lot

Story 2

Water Public

Structure Type Block

Others

Tax ID 0431070040930

Security Features Security System

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

BeachesMLS, Inc. (FLR) IDX
Listed by Saul M Milian RE/MAX United Realty

NEARBY SCHOOLS & PROPERTIES

Daniel A. Hammer, Sr.

Daniel A. Hammer, Sr.

License Partner/Broker

+1(678) 575-6805

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85 W 28th ST