Property profile

61 13Th St Hialeah, FL 33010

OFF-MARKET
Commercial real estate
Built 1972
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Property summary

AI-generated overview

This exceptional investment opportunity presents a two-building, eight-unit multifamily property located at 61 W 13th St, Hialeah, Florida, 33010, in Miami-Dade County. Built in 1972, the property consists of two two-story buildings. Each of the eight units offers two bedrooms and one bathroom, boasting an average square footage of 840 square feet. Currently, each unit generates $1,800 in monthly rent, with market rent estimated at $2,100 per unit, indicating significant potential for increased revenue. The asking price for this property is $2,700,000. Prospective buyers are welcome to view the exterior of the property. Interior showings will be conducted only after an accepted "as-is" offer has been received. The seller is willing to cooperate with a 1031 exchange, making this an even more attractive proposition for qualified investors. Please note that tenants should not be disturbed. This property presents a compelling opportunity for investors seeking a strong return on investment in a desirable location.

Property profile

Verified
Property type Commercial real estate
Year built 1972

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Marketing & Advertising (Bike/Boat/Book/etc) Store

Location

61 13Th St Hialeah, FL 33010
Hialeah metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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