8-Unit Multifamily Income
715 W 29th St Hialeah, FL 33012
715 W 29th St, Hialeah, FL, 33012
$2,599,000
For Sale
$2,599,000
Well-maintained two-story apartment building with eight units, including wall A/C and updated roof and bathrooms.
Property Size5,332 SF
Lot Size0.15 Acres
Price / SF$487.43
Days on Market37
Property Features for 715 W 29th St
General Information
- Standard status
- Active
- Size
- 5,332 SF
- Lot size
- 0.15 Acres
- Property subtype
- Commercial
Building Details
- Year Built
- 1968
Listing agency
Savvy Avenue, LLC
(888) 490-1268
Listed by
Moe Mossa · License #169076
(888) 490-1268
Source
Elliman
Added: Jun 16 Updated: Jul 22 at 9:02AM Checked: Jul 22 at 9:02AM
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 Savvy Avenue, LLC
Investment Insights
Based on property information with market context.
This well-maintained two-story apartment building offers eight residential units in a 4-by-2BD/1BA and 4-by-1BD/1BA mix. The property is fully occupied on flexible month-to-month leases. Updates include a roof installed in 2019, fully renovated bathrooms completed within the last three years, and wall A/C units in every apartment.
The building is located at 715 W 29th St in Hialeah, with convenient access to major highways including I-95 and the Palmetto Expressway, as well as Miami International Airport and nearby industrial hubs.
The current operations show annual gross income of $171,120 and operating expenses of $45,172, resulting in an NOI of $125,948, reported at a 5% cap rate at the asking price. The seller states there are no vacancies and no deferred maintenance or issues, and indicates no short-term capex is required.
The building is located at 715 W 29th St in Hialeah, with convenient access to major highways including I-95 and the Palmetto Expressway, as well as Miami International Airport and nearby industrial hubs.
The current operations show annual gross income of $171,120 and operating expenses of $45,172, resulting in an NOI of $125,948, reported at a 5% cap rate at the asking price. The seller states there are no vacancies and no deferred maintenance or issues, and indicates no short-term capex is required.
Key Highlights
- 8‑unit, 2‑story apartment building on a 6,375 SF lot at 715 W 29th St, Hialeah, FL 33012
- Year built 1968; 5,332 SF building
- Unit mix: 4 x 2BD/1BA and 4 x 1BD/1BA
Property Analytics
Location Intelligence
Current Use by Public Records
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FAQs
What type of property is this?
Apartment building - Well-maintained two-story apartment building with eight units, including wall A/C and updated roof and bathrooms.
Where is this apartment building located?
The property is located at 715 W 29th St Hialeah, FL.
What is the asking price?
The asking price for this property is $2,599,000.
What are key features of this property?
This property features: 8‑unit, 2‑story apartment building on a 6,375 SF lot at 715 W 29th St, Hialeah, FL 33012; Year built 1968; 5,332 SF building; Unit mix: 4 x 2BD/1BA and 4 x 1BD/1BA
