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Property profile

50 W 28Th St Hialeah, FL 33010

FOR SALE
Apartment buildings
Property ID
US18-4444096
Built 1946
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Property summary

AI-generated overview

This exceptional investment opportunity presents a four-unit apartment building located at 50 W 28th St, Hialeah, FL 33010, in Miami-Dade County. Built in 1946, this two-story property boasts a unique configuration: a two-bedroom, two-bathroom home in the front with a porch, and a triplex in the rear. Each of the four units benefits from independent Florida Power & Light (FPL) and water meters, ensuring efficient utility management. The property features newer air conditioning and water heaters in all units, along with impact windows. Three of the four units have undergone complete renovations, showcasing updated kitchens, granite countertops, modern appliances, and vinyl flooring. This prime location offers convenient access to shopping, major highways, and the nearby Hialeah Casino in West Hialeah. The asking price for this legal fourplex is $1,399,000. This property represents a strong investment opportunity due to its updated units, independent utilities, and desirable location. Don't miss this chance to acquire a well-maintained multifamily property in a thriving area.

Property profile

Verified
Property type Apartment buildings
Year built 1946
UPID US18-4444096

Cap rate & NOI

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

Location

50 W 28Th St Hialeah, FL 33010
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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