Hialeah Duplex with Oversized
For Sale
$875,000
952 E 19th St, Hialeah, FL 33013
Large duplex in Hialeah, fully rented, near major amenities.
Property Size3,248 SF
Price / SF$205.01
Days on Market214
Property Features for 952 E 19th St
General Information
Standard status
Active
Size
3,248 SF
Property subtype
Duplex
Taxes and HOA fees
Annual Taxes
$12,171
Building Details
Building Size
3,248 SF
Year Built
1947
Listing Agency:
Coldwell Banker Realty
Listed By:
Victor Vianello · License #3105261
Source:
Vanessafrankmiami
Added: Mar 10
Changed: Sep 26
Last Checked: Oct 7 at 3:35PM
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 Coldwell Banker Realty
Investment Insights
Based on property information with market context.
This is a duplex property situated in Hialeah, featuring an oversized lot. The property is fully rented to tenants. Its location provides convenient access to shops, major highways, and Miami International Airport. Each unit is equipped with separate water and electric meters. Recent updates include water heaters and AC units. Hurricane shutters are installed, and ample parking space is available. Unit 952 includes 4 bedrooms and 2 bathrooms, along with an efficiency that has a separate entrance. Unit 958, located on the second floor, features 3 bedrooms and 1.5 bathrooms. The property has a size of 4268 square feet. All units are currently occupied by tenants on month-to-month terms.
Key Highlights
- Fully rented duplex in a central Hialeah location.
- Oversized lot with ample parking.
- Unit 952: 4 bedrooms, 2 bathrooms plus efficiency with separate entrance.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$61,350
Cap Rate
7.01%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,227,000
$1.2M
Cap Rate 7%
$876,429
$876.4K
Cap Rate 9%
$681,667
$681.7K
Market Conditions
NOI Build-Up for 4,268 SF
Gross rent
$94.7K $22.20/SF
− Vacancy
−$7.1K −$1.67/SF
EGI
$87.6K $20.54/SF
− OpEx
−$26.3K −$6.16/SF
NOI
$61.4K $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 Rate 5%
$1,227,000
Cap Rate 7%
$876,429
Cap Rate 9%
$681,667
Alternative Uses
Best Use
Multifamily LT 5
$876.4K
$766.9K – $1.02M
NOI $61,350 @ 7.0% cap · market cap 7.01%
Second Best
Apartment 5plus
$816.5K
$714.4K – $952.6K
NOI $57,153 @ 7.0% cap · market cap 6.53%
Theoretical Best
Office A
$1.68M
$1.47M – $1.96M
NOI $117,592 @ 7.0% cap · market cap 13.44%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
1,858
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in South region
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Frequently Asked Questions
What type of property is this?
Duplex - Large duplex in Hialeah, fully rented, near major amenities.
Where is this duplex located?
The property is located at 952 E 19th St Hialeah, FL.
What is the asking price?
The asking price for this property is $875,000.
What are key features of this property?
This property features: Fully rented duplex in a central Hialeah location.; Oversized lot with ample parking.; Unit 952: **4 bedrooms, 2 bathrooms plus efficiency with separate entrance.**
