Duplex Requiring
New
For Sale
$500,000
733 E 26th St, Hialeah, FL 33013
MULTI_FAMILY - Hialeah, FL
Property Size1,886 SF
Price / SF$265.11
Days on Market2
Property Features for 733 E 26th St
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Zoning description
0100
Bedrooms
3
Full bathrooms
2
Rooms
Bedroom 2, Bedroom 1, Bathroom 2, Bedroom 3, Bathroom 1
Parking
4
Subdivision
HIALEAH 13TH ADDN AMD PL
Lot features
< 1/4 Acre
Standard status
Active
APN
04-31-08-001-3030
Size
1,886 SF
Taxes and HOA fees
Tax Year
2025
Tax Description
HIALEAH 13TH ADDN AMD PL REV PB 34-26 LOT 25 BLK 40-B & 6FT ALLEY LYG N & ADJ CLOSED PER R-94-104 LOT SIZE 40.000 X 164
Tax Annual Amount
4211
Legal Description
HIALEAH 13TH ADDN AMD PL REV PB 34-26 LOT 25 BLK 40-B & 6FT ALLEY LYG N & ADJ CLOSED PER R-94-104 LOT SIZE 40.000 X 164
Utilities
Utilities
Cable Available
Sewer type
Public Sewer
Heating system
Central
Cooling system
Central Air, Ceiling Fan(s)
Building Details
Year built
1957
Floors in Building
1
Flooring type
Carpet, Tile
Building materials
Block
Roof type
Shingle
Listing Agency:
LPT Realty, LLC
(877) 366-2213
Listed By:
Johanna Izaguirre · License #3353581
(305) 788-0336
Added: Aug 15
Last Checked: Aug 16 at 1:06AM
MLS# A12071993
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.
Investment Insights
Based on property information with market context.
This two-unit duplex contains 1,886 square feet and was constructed in 1957 with block construction, shingle roofing, carpet and tile flooring, central heating, and central air conditioning. The room schedule identifies three bedrooms and two bathrooms. The property requires repairs and renovation and is offered in its existing condition, with inspections permitted and no seller repair credit provided.
The property is located in Hialeah near major roads, shopping, dining, schools, and Hialeah Hospital. Public sewer service is in place, cable is available, and ceiling fans supplement the cooling system. Buyers should independently confirm measurements, zoning, permits, legal use, and other property details with the appropriate authorities.
The property is located in Hialeah near major roads, shopping, dining, schools, and Hialeah Hospital. Public sewer service is in place, cable is available, and ceiling fans supplement the cooling system. Buyers should independently confirm measurements, zoning, permits, legal use, and other property details with the appropriate authorities.
Key Highlights
- Two‑unit duplex with 1,886 square feet
- Three bedrooms and two bathrooms
- Block construction dating to 1957
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$27,110
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
5.42%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
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
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.
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 rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
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
Property Profile
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
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Two-unit residential property with central systems and public sewer service in Hialeah.
Where is this duplex located?
The property is located at 733 E 26th St 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 with 1,886 square feet; Three bedrooms and two bathrooms; Block construction dating to 1957
