311-351 35Th St Hialeah, FL 33013
This exceptional multifamily development opportunity presents a remarkable chance to acquire a substantial property in the thriving city of Hialeah, Florida. Located at 311-351 E 35 St, this property boasts a total area of 41,400 square feet, situated on an almost one-acre lot (8,280 square feet). The asking price for this prime real estate is $8,000,000. Its strategic location offers unparalleled convenience, with close proximity to the historic Hialeah Park and Casino, providing excellent access to entertainment and leisure activities. Furthermore, the property's advantageous position near the Tri-Rail and Metrorail transfer station ensures seamless connectivity to the broader Miami metropolitan area. This property is zoned for multifamily development, making it an ideal investment for those seeking to capitalize on the growing demand for residential units in this dynamic area. The substantial lot size provides ample space for a large-scale development project, promising significant returns on investment. This is a rare opportunity to acquire a significant parcel of land in a high-growth area, presenting a compelling proposition for discerning investors and developers. The property is classified as an apartment building and is ready for redevelopment.
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
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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.