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    879 25Th St Hialeah, FL 33013

    Sponsored
    For Sale
    $2,600,000

    12,600 SF Residential Land, TOD Zoning

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 12,600 square foot development site in Hialeah, Florida, presents a unique investment opportunity. Located at 879-899 E 25th St, this fee-simple property boasts a prime corner location on a vibrant commercial corridor, offering excellent frontage on E 25th Street and E 9th Avenue. The property includes two existing structures: a 2,840 square foot store and a 1,173 square foot storage facility built in 1957 and 1958, respectively. Crucially, the site is situated within Hialeah's Transit Oriented Development (TOD) zone, designated "High Rise," allowing for significant development potential. Similar properties in this area have received site plan approvals for 150-200 dwelling units per acre, with building heights up to 10 stories. This translates to a potential for up to 57 buildable units, incorporating ground-floor retail, aligning with the City of Hialeah's vision for a 24-hour live-work-play district. The property's location offers easy access to public transportation and benefits from the ongoing gentrification of the surrounding retail corridor. The Miami-Dade County property, with APN 04-3108-002-1950, is offered at $2,600,000. This is a rare chance to acquire a well-positioned development site with flexible zoning in a rapidly evolving market.

    Property Features for 879 25Th St

    General Information

    Property type
    Land
    Property Profile Location Intelligence

    Current Use by Public Records

    V P Castone Professional Services

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Gym & Fitness Daycare Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Hialeah
    County
    Miami-Dade
    State
    Florida
    Longitude
    -80.26459385
    Latitude
    25.84540212

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    FAQs

    What type of property is this?
    Land - 12,600 SF Residential Land, TOD Zoning
    Where is this land located?
    The property is located at 879 25Th St Hialeah, FL.
    What is the asking price?
    The asking price for this property is $2,600,000.
    (305) 209-8866
    Request Owner's contact information
    879 25Th St Hialeah, FL 33013
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    Hialeah, FL 33013
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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
    879 25Th St Hialeah, FL 33013
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