423 Units Hialeah, FL 33013
This exceptional 2021-built, three-story apartment building in Hialeah, Florida, presents a compelling investment opportunity. Located at 423 E 27th St, this nine-unit property boasts a desirable mix of unit configurations. Five units offer two bedrooms and two bathrooms, while the remaining four units feature two bedrooms plus a den, easily convertible into a third bedroom. All nine units are equipped with in-unit washer and dryer sets and feature high-quality porcelain flooring throughout. The property's low maintenance costs are a significant advantage, with alarm cameras, lawn care, and trash removal averaging less than $70 per unit monthly. This represents a substantial cost savings for the owner. The building's strong rental income potential is further enhanced by its prime location in Miami-Dade County, Florida, within the vibrant city of Hialeah, zip code 33013. The asking price for this turnkey investment is $3,999,000. This property is ideal for investors seeking a stable, high-performing asset with significant upside potential. The building's modern construction and desirable features ensure strong tenant demand and long-term value appreciation.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.