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Property profile & analytics
OFF-MARKET
Small apartment buildings

23 13Th St Hialeah, FL 33010

Built 1971
Property ID
US18-5124557
Property summary
AI-generated overview

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
Verified
Property type Small apartment buildings
Year built 1971
UPID US18-5124557
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
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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