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Property profile & analytics
OFF-MARKET
Apartment buildings

179 W 9Th St Hialeah, FL 33010

6,729 SF Built 1954
Property ID
US18-4954003
Property summary
AI-generated overview

This 14-unit multi-family building is located in one of the best areas in West Hialeah. The property is in excellent condition with long-standing tenants, fully occupied. There are nine 1-bedroom units and 5 studio units. The 50-year Recertificatioon was passed and completed in 2024. Potential to in ... crease monthly rental rates to market rents which indicate should be $1,750 per month for 1-bedrooms and $1,350 per month for studios. There is extremely low turnover and almost no vacancy on this property. Utility room onsite where a Washer/Dryer are located and currently collecting rent, about $70 per month. All units have separate electric meters.

Property profile
Verified
Property type Apartment buildings
Year built 1954
Total area 6,729 SF
UPID US18-4954003
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Compramos carros Auto Repair Shop
  • Yoshiko Hotel & Motel Bed & Breakfast
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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