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    1051 24th St Hialeah, FL 33013-4323
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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
    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.

    Value Estimations
    $1,490,000
    Show details
    Cap Rate Potential
    Location Intelligence

    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 estimation — 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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