14-Unit Apartment
6305 W 22nd Ct, Hialeah, FL 33016
For Sale
$3,949,950
Residential Income, Hialeah, FL
Property Size12,894 SF
Price / SF$306.34
Days on Market103
Property Features for 6305 W 22nd Ct
General Information
Property type
Property subtype
Zoning description
Bedrooms
Full bathrooms
Half bathrooms
Rooms
Parking
Exterior features
Subdivision
Lot features
Standard status
APN
Size
Additional Details
Individually Metered Utilities
Taxes and HOA fees
Tax Year
Tax Description
Tax Annual Amount
Legal Description
Utilities
Utilities
Sewer type
Heating system
Cooling system
Water source
Building Details
Year built
Floors in Building
Flooring type
Building materials
Roof type
Architectural style
Listing Agency:
Sea Grove Realty
Listed By:
Derek Varona · License #3245277
(305) 726-5818
Added: Jul 28
Changed: Nov 6
Last Checked: Nov 7 at 8:06AM
MLS# A12061086
Copyright © 2026 Miami REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
The 12,894-square-foot apartment property contains 14 residences: 10 with two bedrooms and one-and-a-half bathrooms, and four with three bedrooms and two bathrooms. Built in 1989, the building has concrete-block construction, tile flooring, balconies, central heating and central air conditioning. Electricity is individually metered; water service is on a shared meter.
The property is within walking distance of Bucky Dent Park and near Westland Mall. Access to the Palmetto Expressway (SR 826), I-75, Okeechobee Road (US 27) and the Florida Turnpike connects the site with employment areas across Miami-Dade County. Medley and industrial and commercial corridors are also nearby.
The property is within walking distance of Bucky Dent Park and near Westland Mall. Access to the Palmetto Expressway (SR 826), I-75, Okeechobee Road (US 27) and the Florida Turnpike connects the site with employment areas across Miami-Dade County. Medley and industrial and commercial corridors are also nearby.
Key Highlights
- 14 residences in a 12,894‑square‑foot building
- Unit mix includes 10 two‑bedroom, one‑and‑a‑half‑bath residences and four three‑bedroom, two‑bath residences
- Each apartment has a separate electric meter; water is commonly metered
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$172,664
Cap Rate
4.37%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,453,280
$3.5M
Cap Rate 7%
$2,466,629
$2.5M
Cap Rate 9%
$1,918,489
$1.9M
Market Conditions
NOI Build-Up for 12,894 SF
Gross rent
$335.8K $26.04/SF
− Vacancy
−$21.8K −$1.69/SF
EGI
$313.9K $24.35/SF
− OpEx
−$141.3K −$10.96/SF
NOI
$172.7K $13.39/SF
Area
Hialeah, FL
Vacancy
6.50%
Lease Rate
$26.04 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,453,280
Cap Rate 7%
$2,466,629
Cap Rate 9%
$1,918,489
Alternative Uses
Best Use
Apartment 5plus
$2.47M
$2.16M – $2.88M
NOI $172,664 @ 7.0% cap · market cap 4.37%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$5.08M
$4.44M – $5.92M
NOI $355,255 @ 7.0% cap · market cap 8.99%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Lease Details
14
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
2,307
Businesses Nearby
Explore this area
Business Placement
Demographics for 33016, FL
45,714
Population
16,158
Households
2.8
Avg Household Size
43
Median Age
28%
College-Educated
83%
High-School Grad
4.2 sq mi
ZIP Area
10,884
Density / Sq Mi
$56,633
Median Household Income
$33,069
Median Earnings
$1,753
Median Rent
$295,800
Median Home Value
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Market
Properties on Market for Apartment buildings in Hialeah
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Apartment building - Residences offer two- and three-bedroom layouts, with electricity metered separately for each unit.
Where is this apartment building located?
The property is located at 6305 W 22nd Ct Hialeah, FL.
What is the asking price?
The asking price for this property is $3,949,950.
What are key features of this property?
This property features: 14 residences in a 12,894‑square‑foot building; Unit mix includes 10 two‑bedroom, one‑and‑a‑half‑bath residences and four three‑bedroom, two‑bath residences; Each apartment has a separate electric meter; water is commonly metered
