Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search

    2790 W 60Th St, Unit 32 Hialeah, FL 33016

    Loading data...
    Loading data...
    Loading data...
    For Lease
    $1,950 /Mo

    Multifamily property available for rent in Hialeah, Florida.

    Building Details

    Year built
    1986

    We can help!

    Listing Contact
    Ruth Bravo
    Source: Elliman

    Listing Agent: Ruth Bravo

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

    Learn more

    Overview

    Hialeah Multifamily Property for Rent

    A multifamily property is available for rent in Hialeah, Florida. The property is located at 2790 W 60 ST 32 and the rental price is $1950.
    Location Intelligence

    Current Use by Public Records

    Multifamily properties

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Hialeah
    County
    Miami-Dade
    State
    Florida
    Longitude
    -80.33883
    Latitude
    25.876715

    Nearby Similar for Lease

    • $29 SF/Yr

      Hialeah Office Space with Terrace

      Corporate office space with terrace, ideal for professional businesses.
      6545 NW 169Th St, Hialeah, FL 33015
      View Details
    • $4,500 /Mo

      Miami Gardens Office/Warehouse For Rent

      Office/warehouse with upgraded interior, suitable for many uses.
      4960 NW 165Th St, Hialeah, FL 33014
      View Details
    • $35 SF/Yr

      Hialeah Medical/Professional Office Space

      Corner unit ideal for medical or professional practice in Hialeah.
      4445 W 16Th Ave, Hialeah, FL 33012
      View Details
    • $3,000 /Mo

      Renovated Office Space in Miami Lakes

      Renovated office with parking near major highways and airport.
      5783 NW 151St St, Hialeah, FL 33014
      View Details
    • $4,500 /Mo

      Turn-Key Commercial Space in Miami Lakes

      Updated 2,011 sq ft space ideal for various uses.
      4796 NW 167Th St, Hialeah, FL 33014
      View Details
    • $20,000 /Mo

      Free-Standing Building on Palmetto Expressway

      Versatile commercial space with highway frontage and high traffic visibility.
      7701 NW 103Rd St, Hialeah, FL 33016
      View Details
    • $6,850 /Mo
      Pending

      Corner Warehouse/Office in Hialeah

      Corner warehouse/office in Hialeah, close to main routes.
      592 W 28Th St, Hialeah, FL 33010
      View Details
    • $22 SF/Yr

      Hialeah Gardens Industrial Sublease Opportunity

      Modern industrial space in Miami's premier industrial corridor.
      14001 NW 112Th Ave, Hialeah, FL 33018
      View Details
    • $1,350 /Mo
      Pending

      Functional Office and Warehouse Space

      Affordable commercial space with office and warehouse in Hialeah.
      6187 NW 167Th St, Hialeah, FL 33015
      View Details
    • $3,750 /Mo

      Hialeah Office Space Available

      1,350 SF office space suitable for various professional uses.
      960 W 84Th St, Hialeah, FL 33014
      View Details
    • $2,350 /Mo

      Retail Space in Hialeah Gardens

      Retail space with private bathroom in Hialeah Gardens, Florida.
      10550 NW 77, Hialeah, FL 33016
      View Details
    • $16 SF/Yr

      Hialeah Industrial Warehouse for Lease

      Move-in ready warehouse with carpentry license in place.
      733 W 26Th St, Hialeah, FL 33010
      View Details

    FAQs

    What type of property is this?
    Multifamily property - Multifamily property available for rent in Hialeah, Florida.
    Where is this multifamily property located?
    The property is located at 2790 W 60Th St, Unit 32 Hialeah, FL.
    What are key features of this property?
    This property features: - Multifamily property: Ideal for investors or those seeking rental income.; - Located in Hialeah, Florida: Benefit from a vibrant community and convenient access to amenities.; - Rental property: Immediate income potential.
    (786) 340-8332
    Request Owner's contact information
    2790 W 60Th St, Unit 32 Hialeah, FL 33016
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    2790 W 60Th St, Unit 32
    Hialeah, FL 33016
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    2790 W 60Th St, Unit 32 Hialeah, FL 33016
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Ruth Bravo
    Real Estate License ID: 3263167
    (786) 340-8332
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.