Technical
Financial
Distress signals
Property profile

492 28Th St Hialeah, FL 33013

OFF-MARKET
Apartment buildings
Property ID
US18-5150498
Built 1952
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Property summary

AI-generated overview

This exceptional fourplex in desirable West Hialeah presents a rare investment opportunity. Located near the Hialeah Casino and convenient to shopping and major highways, this property boasts four units, each with its own water and FPL meter. The legal fourplex features a central courtyard and offers over 3,000 square feet of living space on a lot exceeding a quarter-acre. Currently, two units are on month-to-month leases, while the remaining two have leases of 10 and 6 months respectively. Detailed unit information and floor plans are available. This property's prime location and substantial size make it an attractive investment for both income generation and potential redevelopment. The corner lot zoning allows for expansion up to nine units, presenting significant upside for developers seeking to maximize their return. Built in 1952, this single-story building represents a solid foundation for immediate income and future growth. The asking price is $1,080,000. Don't miss this chance to acquire a highly sought-after multifamily property in a thriving area.

Property profile

Verified
Property type Apartment buildings
Year built 1952
UPID US18-5150498

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

492 28Th St Hialeah, FL 33013
Hialeah metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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