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Property profile & analytics

1051 24th St Hialeah, FL 33013-4323

  • Manufacturing properties
  • 16,200 SF
  • 0.47 lot acres
OFF-MARKET
Value Estimations
$1,490,000
Show details
Cap Rate Potential
Location Intelligence
Property ID
US18-1947747
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • RCS Woodcrafters LLC / General Contractor / Renovation Specialist

Property Details for 1051 24th St

Year built
1963
Construction
CONCRETE
Lot size
0.47 lot acres
Property size
16,200 SF
Zone code
7100:INDUSTRIAL,LIGHT MFG
Property type
Manufacturing properties
APN
04-3108-002-2481
APU
431080022481

Description

This 17,200-square-foot warehouse in Hialeah, Florida, presents a compelling redevelopment opportunity. Built in 1963 and renovated in 2020, this Class B industrial property sits on a 0.47-acre lot and features 17-foot clear ceiling heights, two loading docks with four dock-high doors, and 16 parking spaces. The building boasts 1,000 square feet of dedicated first-floor office space and an additional 1,000 square feet of second-floor office or storage space. A 700-square-foot area is grandfathered for use as a paint booth. The property includes a three-phase power supply (600+ amps) and six+ restrooms. A single raceway on the west side provides additional storage. Currently vacant, except for the seller's occupancy of half the building (approximately 8,100 SF), this property offers significant potential. Located one block from the MetroMover, Tri-Rail, and Amtrak station, it benefits from its proximity to transit and is situated in a rapidly growing mixed-use market with several proposed and under-construction developments adding 1,200 units between 2025 and 2026. The zoning allows for Transit-Oriented Developments (TOD), presenting further development possibilities. The asking price is $4,300,000 ($265/SF), with a land value of $208/SF. The property is zoned 7100 and has a gross lease type. The seller is seeking a corporate guarantee.


Value Estimations

based on Realmo’s proprietary methodology
  • Comparable approach

    Method
    Estimation
    Statistic Estimate
    $1,899,000
    Market price range: $821k - $3.40M
  • Alternative Use

    Use
    Estimation
    INDUSTRIAL (GENERAL)
    $2,130,000
    Current use

Get a detailed, property-specific valuation — fast and free


Location Insight

  • Map
  • Local Demand
City
Hialeah
County
Miami-dade
State
Florida
Longitude
-80.2608
Latitude
25.8448
CBSA code
33100
CBSA name
MIAMI-FORT LAUDERDALE-MIAMI BEACH, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$28,991
$1,551,150
$559,850
$2,111,000
-
$1,551,150
$559,850
$2,111,000
More about this property
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