Property summary
This exceptional two-story apartment building in Hialeah, Florida, presents a compelling investment opportunity. Located at 23 W 13th St, 33010, in Miami-Dade County, this 1971-constructed property offers significant value-add potential. Currently generating $11,200 in monthly rental income, the property boasts a pro forma of $16,000 per month, indicating substantial upside. The building consists of one structure with a duplex/triplex/quadruplex configuration, presenting a unique opportunity for an investor to increase profitability. All current tenants are on month-to-month leases, providing flexibility for the new owner. The asking price for this centrally located Hialeah property is $2,500,000. This represents a rare chance to acquire a well-situated multifamily asset with below-market rents and significant potential for increased revenue. The property's prime location within Hialeah offers easy access to major transportation routes and local amenities. This is a turn-key investment ready for immediate income generation and future growth. The property has never been on the market before outside of the family that owns it, making this a truly unique opportunity.
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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