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Hialeah Duplex with Long-Term Tenants

453 East 13th Street Hialeah, FL 33010

453 East 13th Street, Hialeah, FL, 33010
$795,000
For Sale
Claim this Listing
$795,000

Duplex in excellent condition with long-term tenants and modern amenities.

Property Size1,659 SF
Price / SF$479.20
AddedSep 12, 2025
Days on Market307
Last RefreshJul 15 at 12:26 am

Property Features for 453 East 13th Street

General Information

Standard status
Active
Size
1,659 SF
Property subtype
Residential Income / Duplex

Building Details

Year Built
1984

Listing office Select International Realty, LLC.

Listing date Sep 12, 2025

Source Compass

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 Select International Realty, LLC.


Investment Insights

Based on property information with market context.

This is a duplex property constructed in 1984. It features two units, each with two bedrooms and one bathroom. The property is reported to be in excellent condition and currently houses long-term tenants. The building is equipped with impact windows and stainless steel appliances. Laundry facilities are available on-site. Each unit has individual electric and water meters. The property includes a good-sized backyard and ample parking space. The property size is 1659 square feet and is located in Hialeah, Florida.

Key Highlights

  • Excellent location
  • Two 2/1 units in excellent condition with long‑term tenants
  • Impact windows throughout

Local Financial Insights For Multifamily LT 5

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $36.8k $22.20
− Vacancy −$2.8k −$1.67
EGI $34.1k $20.54
− OpEx −$10.2k −$6.16
NOI $23.8k $14.37
1,659 SF · lease $22.20/SF/yr · vacancy 7.50% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$340.7K
$298.1K – $397.5K (±1% cap)
NOI $23,847 @ 7.0% cap · market cap 3.00%
Second Best
Apartment 5plus
$317.4K
$277.7K – $370.3K (±1% cap)
NOI $22,216 @ 7.0% cap · market cap 2.79%
Theoretical Best
Office A
$653.0K
$571.4K – $761.8K (±1% cap)
NOI $45,709 @ 7.0% cap · market cap 5.75%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Real Estate Agency Law Firm Parking Lot & Garage Acupuncture Gym & Fitness Center (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Butcher (Bike/Boat/Book/etc) Store Restaurant

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

FAQs

What type of property is this?
Duplex - Duplex in excellent condition with long-term tenants and modern amenities.
Where is this duplex located?
The property is located at 453 East 13th Street Hialeah, FL.
What is the asking price?
The asking price for this property is $795,000.
What are key features of this property?
This property features: Excellent location; Two 2/1 units in excellent condition with long‑term tenants; Impact windows throughout
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