1288 28Th St Hialeah, FL 33010
This exceptional 11,325 square foot lot in Hialeah, Florida, presents a remarkable multi-family development opportunity. Located in Miami-Dade County at 1288 W 28th St, 33010, this R-3 (High Density) zoned property offers significant potential. The existing two-story residential structure, boasting 5,737 square feet of living space, six bedrooms, and four bathrooms, could be converted into a multi-family dwelling with the potential for eight or more units. Supporting this potential are eight or more existing electric meters, multiple separate entrances, several on-site storage areas, and a workshop. The property is fully fenced and features an electric gate opener. This prime location in Hialeah offers investors a chance to capitalize on the strong demand for multi-family housing in the area. The APN is 04-3011-002-0900. This is an exceptional opportunity to acquire a substantial property with significant upside potential. The asking price is $1,200,000.
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
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No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.