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    151 W 5Th St Hialeah, FL 33010

    For Sale
    $5,500,000

    Prime land for multi-family development in Hialeah, Florida.

    Lot size:
    0.15 Acres

    Property Features for 151 W 5Th St

    General Information

    Lot size
    0.15 Acres

    Building Details

    Year built
    1960

    Source: Fausto Commercial Realty Consultants Inc Agent Antonio Saladrigas

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

    Overview

    Hialeah Development Opportunity

    This is a development opportunity featuring almost 45,000 square feet of land, suitable for multi-family development in Hialeah, Florida, right off West Okeechobee. The properties offer a canvas for developers to create a residential or mixed-use building. The location has strong growth potential and is ready for creative development concepts. Currently, the properties receive income from 21 units on 3 properties.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Hialeah
    County
    Miami-Dade
    State
    Florida
    Longitude
    -80.284414
    Latitude
    25.826471

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    FAQs

    What type of property is this?
    Commercial land - Prime land for multi-family development in Hialeah, Florida.
    Where is this commercial land located?
    The property is located at 151 W 5Th St Hialeah, FL.
    What is the asking price?
    The asking price for this property is $5,500,000.
    What are key features of this property?
    This property features: - Prime development opportunity with ~45,000 SQFT of land.; - Ideal for multi-family development.; - Excellent location in Hialeah, right off W. Okeechobee.
    (786) 378-1850
    Request Owner's contact information
    151 W 5Th St 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
    151 W 5Th St Hialeah, FL 33010
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