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    7Th St Hialeah, FL 33010

    Sponsored
    For Sale
    $1,000,000

    Prime Hialeah location, shovel-ready site.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 8,225 square foot development parcel in Hialeah, Florida, presents a unique opportunity for investors. Located on W 7th St, zip code 33010, in Miami-Dade County, this property is zoned RU-3, permitting the construction of multifamily residences at maximum allowed density. Complete approvals are in place for a nine-unit multifamily development, allowing for immediate commencement of the permitting process. The approved plans are available for the buyer to assume, making this a truly shovel-ready site. Its strategic location offers convenient access to major highways and transportation hubs, connecting residents to the vibrant Hialeah business and industrial districts, as well as other thriving residential areas. This investment capitalizes on the significant growth of multifamily development in Hialeah, driven by the demand for affordable workforce housing and the ongoing revitalization of the neighborhood. The area's increasing population is fueling local business growth, creating a more dynamic and diverse community. The asking price for this exceptional opportunity is $1,000,000.

    Property Features for 0 7Th St

    General Information

    Property type
    Land
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Hialeah
    County
    Miami-Dade
    State
    Florida
    Longitude
    -80.2835454
    Latitude
    25.8280356

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    FAQs

    What type of property is this?
    Land - Prime Hialeah location, shovel-ready site.
    Where is this land located?
    The property is located at 7Th St Hialeah, FL.
    What is the asking price?
    The asking price for this property is $1,000,000.
    (305) 490-1404
    Request Owner's contact information
    7Th St Hialeah, FL 33010
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    7Th St Hialeah, FL 33010
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