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Property profile

311-351 35Th St Hialeah, FL 33013

OFF-MARKET
Apartment buildings
41,400 SF
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Property summary

AI-generated overview

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.

Property profile

Verified
Property type Apartment buildings
Total area 41,400 SF

Cap rate & NOI

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

Location

311-351 35Th St Hialeah, FL 33013
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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