$1,615,000
 $8,670 est/mo Sourced by Back At You

85 W 28th St,Hialeah, FL 33010

Hialeah, FL 33010

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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 GRM 13.62 (4.69% 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.

Details

MLS #A12058410
Listing TypeFor Sale
Sub-TypeResale
StatusPending
Year1971
Days On Site107
Listing Provided ByRE/MAX United Realty | Saul Milian

Features

SQ Feet4,905
Story(s)2
Units8
Building(s)1
Zoning4600
Acreage6450.00

Parking

Parking FeaturesAssigned

Taxes

Tax Annual Amount13920

Area Information

StateFL
CountyMiami Dade
CityHialeah
Zip Code33010
Area31
Listing VS Median (in 33010)
Price:
$1,615,000
low | high
Med:
$161,000
100% of Average
sqft:
4,905
low | high
Med:
616
100% of Average
$ / sqft:
$329
low | high
Med:
$261
70.619898677174% of Average
On site:
107
low | high
Med:
11
100% of Average
Sourced by Back At You

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Learn More About This Property

StateFL
CountyMiami Dade
CityHialeah
Zip Code33010
Area31
Listing VS Median (in 33010)
Price:
$1,615,000
low | high
Med:
$161,000
100% of Average
sqft:
4,905
low | high
Med:
616
100% of Average
$ / sqft:
$329
low | high
Med:
$261
70.619898677174% of Average
On site:
107
low | high
Med:
11
100% of Average
Sourced by Back At You
Nearby Listings (Within 1/2 mile)
Price: $1.211M - $2.018M
sqft: 3,500 - 6,000
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2250 Palm Avenue Property Photo 1
$1,700,000
2250 Palm Avenue
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2230 Palm Avenue Property Photo 1
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Listing Updated: November 4, 2026 at 10:35:48 PM PST