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157 W 5th St, Hialeah, FL 33010

Six-lot assembly includes three multifamily buildings totaling 21 units with gross annual income exceeding $400,000.

Property SizeContact for details
Lot Size0.21 Acres
Days on Market93

Property Features for 157 W 5th St

General Information

Standard status Active
Lot size 0.21 Acres
Property subtype LAND
Listing Agency: Fausto Commercial Realty
Listed By: Moises Figueroa · License #3558420
Source: Moodyscre
Added: Jul 16 Changed: Oct 15 Last Checked: Oct 16 at 9:54AM

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 Fausto Commercial Realty

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Investment Insights

Based on property information with market context.

This six-lot assembly offers a multifamily development configuration with three existing multi-family buildings totaling 21 units. The property is presented as an income-generating portfolio within the larger development footprint, with gross annual income reported at over $400,000.

Located in Hialeah, the site is described as being just off W. Okeechobee, providing convenient access to the surrounding area.

For buyers evaluating an assembled development strategy, the current arrangement combines multiple income-producing buildings within a larger six-lot platform.

Key Highlights

  • Six‑lot land assembly in the heart of Hialeah, totaling 44,750 SF
  • Includes three multifamily buildings with 21 total units
  • Gross annual income exceeds $400,000

Property Analytics

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Current Use

Apartment buildings

Suggested Use

Top Pick Parking Lot & Garage Carpet & Flooring Store Acupuncture Locksmith (Bike/Boat/Book/etc) Store Catering Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,725
Businesses Nearby

Demographics for 33010, FL

43,902
Population
16,456
Households
2.7
Avg Household Size
48
Median Age
20%
College-Educated
71%
High-School Grad
4.3 sq mi
ZIP Area
10,210
Density / Sq Mi
$45,449
Median Household Income
$30,466
Median Earnings
$1,318
Median Rent
$346,500
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025

Frequently Asked Questions

What type of property is this?
Apartment building - Six-lot assembly includes three multifamily buildings totaling 21 units with gross annual income exceeding $400,000.
Where is this apartment building located?
The property is located at 157 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: Six‑lot land assembly in the heart of Hialeah, totaling 44,750 SF; Includes three multifamily buildings with 21 total units; Gross annual income exceeds $400,000
(786) 302-3697 Call to check price and availability
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