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    871 SE 8Th Ave Hialeah, FL 33010

    For Sale
    $6,150,000

    Three adjacent properties for sale, ideal for development.

    Lot size:
    0.61 Acres

    Property Features for 871 SE 8Th Ave

    General Information

    Lot size
    0.61 Acres

    Building Details

    Year built
    1947

    Source: The Leonard Real Estate Group Agent Maribel Redondo

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Development Opportunity: Three Adjacent Properties

    This offering presents a development opportunity featuring three side-by-side properties, available as a package. Situated within the Neighborhood Business District (NBD) overlay zone, the location allows for rezoning to support multifamily and mixed-use developments. The properties benefit from central access to major highways, shopping centers, and schools. The site is located minutes from the future Miami Freedom Park Stadium near the airport. This investment is suited for developers and visionaries seeking to shape a substantial footprint in a thriving location.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Gym & Fitness Daycare Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Hialeah
    County
    Miami-Dade
    State
    Florida
    Longitude
    -80.264465
    Latitude
    25.814207

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    FAQs

    What type of property is this?
    Land - Three adjacent properties for sale, ideal for development.
    Where is this land located?
    The property is located at 871 SE 8Th Ave Hialeah, FL.
    What is the asking price?
    The asking price for this property is $6,150,000.
    What are key features of this property?
    This property features: - Three adjacent properties create a substantial development footprint.; - Located within Neighborhood Business District (NBD) overlay zone, allowing for rezoning for multifamily/mixed-use developments.; - Exceptional development opportunity for developers and visionaries.
    (786) 295-9146
    Request Owner's contact information
    871 SE 8Th Ave Hialeah, FL 33010
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    Hialeah, FL 33010
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    871 SE 8Th Ave Hialeah, FL 33010
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