For Sale
$1,600,000

265 7Th St Hialeah, FL 33010

Prime Hialeah location, 8-unit building, high ROI.

Overview

Added:
Dec 11, 2024
Days on market:
136
This exceptional 8-unit multifamily property located at 265 E 7th St, Hialeah, Florida, presents a compelling investment opportunity. Built in 1935, this building offers a strong cash flow and significant potential for future appreciation, situated in a prime location within Miami's rapidly growing Hialeah neighborhood. The property boasts a gross potential income exceeding $140,000 annually, translating to an impressive 10% gross return on investment – a remarkable figure in the current Miami market. This represents a rare chance to acquire a well-performing asset in a high-demand area. The asking price is $1,600,000. The property is zoned R3D, providing flexibility for future development or improvements. Detailed financial information is available upon request. This is an ideal investment for those seeking a stable, high-yielding property in a thriving Florida market. The property's address is verified as 265 E 7th St, Hialeah, FL 33010, within Miami-Dade County.

Highlights

  • 8-unit multifamily property in prime Hialeah location.
  • Strong cash flow with over $140,000 annual gross potential income and a 10% gross ROI.
  • Asking price: $1,600,000.
  • R3D zoning allows for future development flexibility.
  • Built in 1935.

Property Details for 265 7Th St

Property type
Commercial real estate
Year Built
1935

Location Insight

City
Hialeah
County
Miami-Dade
State
Florida
Latitude
25.8285428
Longitude
-80.2761816

FAQs

What type of property is this?
Commercial real estate - Prime Hialeah location, 8-unit building, high ROI.
Where is the commercial real estate located?
The property is located at 265 7Th St Hialeah, FL.
What is the asking price?
The asking price for this property is $1,600,000.
What are key features of this property?
This property features: 8-unit multifamily property in prime Hialeah location.; Strong cash flow with over $140,000 annual gross potential income and a 10% gross ROI.; Asking price: $1,600,000.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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265 7Th St
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