Two-Unit Duplex Requiring
For Sale
$500,000
Pending
733 E 26th Street, Hialeah, FL 33013
As-is residential income property with two units and a renovation-oriented project scope.
Property Size2,488 SF
Days on Market50
Property Features for 733 E 26th Street
General Information
Standard status
Pending
Size
2,488 SF
Total Parking Spaces
4
Property subtype
Residential Income
Zoning
0100
Property Condition
Severity
Repairs Needed
Evidence
HANDYMAN SPECIAL
Additional Details
Multifamily Units
2
Taxes and HOA fees
Annual Taxes
$4,211
Building Details
Building Size
2,488 SF
Year Built
1957
Stories
1
Listing Agency:
LPT Realty, LLC
Listed By:
Johanna Izaguirre · License #3353581
(305) 788-0336
Source:
Laerrealty
Added: Aug 17
Changed: Sep 29
Last Checked: Oct 4 at 6:57AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of LPT Realty, LLC
Investment Insights
Based on property information with market context.
This 1,886-square-foot duplex contains two residential units and was constructed in 1957. The property requires repairs and renovation and is offered in its existing condition, allowing the next owner to address the improvements and configuration according to applicable requirements.
Located at 733 E 26th Street in Hialeah, the property is near major roads, shopping, dining, schools, and Hialeah Hospital. Zoning is identified as 0100. Buyers should independently confirm measurements, permits, legal use, zoning, and intended use with the appropriate authorities.
Located at 733 E 26th Street in Hialeah, the property is near major roads, shopping, dining, schools, and Hialeah Hospital. Zoning is identified as 0100. Buyers should independently confirm measurements, permits, legal use, zoning, and intended use with the appropriate authorities.
Key Highlights
- Two‑unit duplex configuration
- 1,886 square feet of building area
- Built in 1957
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$27,110
Cap Rate
5.42%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$542,200
$542.2K
Cap Rate 7%
$387,286
$387.3K
Cap Rate 9%
$301,222
$301.2K
Market Conditions
NOI Build-Up for 1,886 SF
Gross rent
$41.9K $22.20/SF
− Vacancy
−$3.1K −$1.67/SF
EGI
$38.7K $20.54/SF
− OpEx
−$11.6K −$6.16/SF
NOI
$27.1K $14.37/SF
Area
Hialeah, FL
Vacancy
7.50%
Lease Rate
$22.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$542,200
Cap Rate 7%
$387,286
Cap Rate 9%
$301,222
Alternative Uses
Best Use
Multifamily LT 5
$387.3K
$338.9K – $451.8K
NOI $27,110 @ 7.0% cap · market cap 5.42%
Second Best
Apartment 5plus
$360.8K
$315.7K – $420.9K
NOI $25,256 @ 7.0% cap · market cap 5.05%
Theoretical Best
Office A
$742.3K
$649.5K – $866.1K
NOI $51,963 @ 7.0% cap · market cap 10.39%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
1,477
Businesses Nearby
Explore this area
Business Placement
Demographics for 33013, FL
31,068
Population
9,544
Households
3.3
Avg Household Size
48
Median Age
18%
College-Educated
72%
High-School Grad
3.8 sq mi
ZIP Area
8,176
Density / Sq Mi
$57,242
Median Household Income
$32,566
Median Earnings
$1,488
Median Rent
$407,400
Median Home Value
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Market
Vacancy Rate% for Multifamily in South region
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Frequently Asked Questions
What type of property is this?
Duplex - As-is residential income property with two units and a renovation-oriented project scope.
Where is this duplex located?
The property is located at 733 E 26th Street Hialeah, FL.
What is the asking price?
The asking price for this property is $500,000.
What are key features of this property?
This property features: Two‑unit duplex configuration; 1,886 square feet of building area; Built in 1957
