Income generating development opportunity, 6 folio assemblage totaling 1.3 acre (44,750 SF). Strategically located in Hialeah one block from Miami Springs. City and state incentives such as Hialeah's Neighborhood Business District overlay and Florida's Live Local Act can apply on this property. Property currently features 10 income producing units with a monthly cash flow of $14,200. Along with an additional 12 units that brings in $12,000 a month. This allows the developer to collect income to cover costs while developer is going through the entitlement and planning stages for future development. Seller will also consider a Joint Venture with any builder that has a vision.
| MLS # | A12066819 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Days On Site | 44 |
| Listing Provided By | The Canero Group | Mary Arbelaez |
| Zoning | 3900 |
|---|---|
| Acreage | 1.20 |
| Lot Features | One To Two Acres, Two To Three Acres, City Lot |
|---|
| Tax Annual Amount | 54272 |
|---|
| State | FL |
|---|---|
| County | Miami Dade |
| City | Hialeah |
| Zip Code | 33010 |
| Area | 2410 |
| Community Name | TOWN OF HIALEAH FLA |
| Listing VS Median (in TOWN OF HIALEAH FLA) | |
Price: $5,000,000 low | high Med: $2,300 On site: 44 low | high Med: 29 | |
| State | FL |
|---|---|
| County | Miami Dade |
| City | Hialeah |
| Zip Code | 33010 |
| Area | 2410 |
| Community Name | TOWN OF HIALEAH FLA |
| Listing VS Median (in TOWN OF HIALEAH FLA) | |
Price: $5,000,000 low | high Med: $2,300 On site: 44 low | high Med: 29 | |