50 40Th Pl Hialeah, FL 33012
This charming 1940-built, two-story duplex in Hialeah, Florida, presents a fantastic investment opportunity. Located at 50 W 40th Pl, 33012, within Miami-Dade County, this multifamily property is priced at $649,999. The property boasts a sizable lot, offering potential for expansion. Each unit benefits from separate electric and water meters, simplifying utility management and potentially increasing rental income. The property is further enhanced by the presence of numerous fruit trees, adding to its appeal and potential for additional income streams. This duplex represents a solid investment in a desirable location, offering both immediate income generation and long-term growth potential. The property's age suggests potential for renovation and value enhancement, while the existing structure provides immediate cash flow. The separate utilities contribute to efficient management and potentially higher rental yields. The large lot provides significant expansion possibilities, allowing for future development or additional rental units. This is a rare opportunity to acquire a well-located, income-generating property with significant upside potential in a thriving Florida market. Don't miss this chance to add a valuable asset to your investment portfolio.
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
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.