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    Property profile & analytics

    610 29Th St Hialeah, FL 33012

    • Retail residential properties
    • 2,300 SF
    • 0.15 lot acres
    For Sale
    View listing
    $79,500
    Value Estimation
    Last Sale
    Jan 09, 2025
    Location Intelligence
    Property ID
    US18-3505505
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • La Veridica BBQ / Restaurant

    Property Details for 610 29Th St

    Year built
    1952
    Construction
    CONCRETE
    Lot size
    0.15 lot acres
    Property size
    2,300 SF
    Zone code
    6400:COMMERCIAL,CENTRAL
    Property type
    Retail residential properties
    APN
    04-3012-004-0020
    APU
    430120040020

    Description

    This thriving restaurant, located at 610 W 29th Street in Hialeah, Florida, presents a fantastic investment opportunity. Priced at $85,000, this turnkey establishment is situated in a high-traffic area of Miami-Dade County, zip code 33012, offering significant potential for growth. Built in 1952, the property has undergone a complete remodel, eliminating the need for extensive renovations. The current menu can be maintained, or a new concept can be easily implemented to suit the buyer's vision. This flexibility allows for a seamless transition and immediate revenue generation. The property's prime location ensures consistent customer flow, providing a solid foundation for success. Adding to its appeal, the seller is open to providing financing to qualified buyers, making this an even more accessible acquisition. This is a rare opportunity to own a fully operational restaurant in a desirable location with the potential for significant returns. The property is categorized as retail, specifically a restaurant, and is ready for immediate occupancy. Serious inquiries only. Please contact the listing agent before visiting the property.

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $340,000

    • CAP approach

      CAP return
      Estimation
      6%
      $390,000
      6.5%
      $390,000
      7%
      $335,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $320,000
      Geo Method
      $310,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $405,000
      Retail
      $460,000
      Mixed-Use
      $380,000
      Hospitality
      $365,000
      Educational
      $460,000
      Residential Income
      $370,000
      Energy
      $400,000
      Income-Based Land
      $395,000
      Food Service
      $425,000

    Location Insight

    • Map
    • Local Demand
    City
    Hialeah
    County
    Miami-dade
    State
    Florida
    Longitude
    -80.2946
    Latitude
    25.8477
    CBSA code
    33100
    CBSA name
    MIAMI-FORT LAUDERDALE-MIAMI BEACH, FL METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $5,299
    $198,840
    $83,474
    $282,314
    -
    $198,840
    $83,474
    $282,314

    Comparable in this City

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      104,523 SF

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      1598 37th St

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      2,725 SF

      4461 Palm Ave

      STORES & APARTMENTS • 2,725 SF
      4461 Palm Ave, Hialeah, FL 33012-4018
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    • Value Estimation by Request
      2,382 SF

      3325 Okeechobee Rd

      STORES & APARTMENTS • 2,382 SF
      3325 Okeechobee Rd, Hialeah, FL 33012-4521
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    • Value Estimation by Request
      8,184 SF

      55 29th St

      STORES & APARTMENTS • 8,184 SF
      55 29th St, Hialeah, FL 33012-5739
      View Details
    • Value Estimation
      $440,000
      9,007 SF

      935 29th St

      STORES & APARTMENTS • 9,007 SF
      935 29th St, Hialeah, FL 33012-5675
      View Details

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    610 29Th St
    Hialeah, FL 33012
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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