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Property profile & analytics
OFF-MARKET
Small apartment buildings

674 29Th St Hialeah, FL 33012

2,114 SF Built 1958
Property ID
US18-3326541
Property summary
AI-generated overview

This exceptional four-unit apartment building, located at 674 W 29th St, Hialeah, FL 33012, presents a golden investment opportunity in a prime location. Built in 1958, this single-story property boasts a total of 2,114 square feet and features four one-bedroom, one-bathroom units. Each unit benefits from independent water and FPL meters, offering efficient utility management. The property has recently undergone significant improvements, including a new roof and a newly updated sewer line, ensuring long-term value and minimizing maintenance concerns. Currently, all four units are rented on a month-to-month basis, providing immediate cash flow and the flexibility to adjust rental rates as market conditions dictate. Tenants enjoy a spacious patio area enhanced by mature fruit trees, adding to the property's appeal. Its convenient location, minutes from highly-rated schools, shopping centers, supermarkets, and the Hialeah Casino, ensures strong tenant demand and long-term occupancy. This property is ideally suited for investors seeking a stable, income-generating asset in a thriving Miami-Dade County market. The asking price is $900,000.

Property profile
Verified
Property type Small apartment buildings
Year built 1958
Total area 2,114 SF
UPID US18-3326541
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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