Property summary
This exceptional 8,225 square foot development parcel in Hialeah, Florida, presents a unique opportunity for investors. Located on W 7th St, zip code 33010, in Miami-Dade County, this property is zoned RU-3, permitting the construction of multifamily residences at maximum allowed density. Complete approvals are in place for a nine-unit multifamily development, allowing for immediate commencement of the permitting process. The approved plans are available for the buyer to assume, making this a truly shovel-ready site. Its strategic location offers convenient access to major highways and transportation hubs, connecting residents to the vibrant Hialeah business and industrial districts, as well as other thriving residential areas. This investment capitalizes on the significant growth of multifamily development in Hialeah, driven by the demand for affordable workforce housing and the ongoing revitalization of the neighborhood. The area's increasing population is fueling local business growth, creating a more dynamic and diverse community. The asking price for this exceptional opportunity is $1,000,000.
Property profile
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Comparables
6 recent transactions · within 1.5 miComparable in this City
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Value estimation
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Cap rate
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Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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