715 W 29th ST, Hialeah, FL
715 W 29th ST, Hialeah, FL
715 W 29th ST, Hialeah, FL
715 W 29th ST, Hialeah, FL
715 W 29th ST, Hialeah, FL
715 W 29th ST, Hialeah, FL
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Angela Duncan

Angela Duncan

+1(813) 538-9890
$ 2,599,000
Est. payment | /mo

5,332 SqFt

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$ 2,599,000
Est. payment | /mo
Save Virtual Tour

5,332 SqFt

Key Details

Property Type Commercial

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 5,332 sqft

Price per Sqft $487

MLS Listing ID B26007690

Construction Status Resale

HOA Y/N No

Year Built 1968

Annual Tax Amount $18,742

Tax Year 2025

Lot Size 6,534 Sqft

Acres 0.15

Property Sub-Type Multi Family

Property Description

Prime 8-Unit Multifamily Investment in Thriving Hialeah - Strong Cash Flow & Upside Potential! Seize this turnkey income producer at 715 W 29th St, Hialeah, FL 33012: a well-maintained 2-story, 5,332 sq ft apartment building on a 6,375 sq ft lot, built in 1968 with key updates including a 2019 roof, fully renovated bathrooms (last 3 years), and wall AC units in every apartment. Mix of 4 x 2BD/1BA and 4 x 1BD/1BA units, 100% occupied on flexible month-to-month leases, ideal for rent optimization in a market with YOY growth. Financial Highlights: Annual Gross Income: $171,120; Operating Expenses: $45,172; NOI: $125,948 (5% cap rate at asking price). Pro Forma Potential: Raise rents 5-10% immediately due to below-market rates and strong local demand. Located in Hialeah's vibrant core, minutes from major highways (I-95, Palmetto Expressway), Miami International Airport, and industrial hubs fueling job growth. No vacancies, deferred maintenance, or issues. Zero capex needs short-term. Perfect for 1031 exchanges, value-add plays, or long-term hold. Seller open to clean offers; quick close possible.

Location

State FL

County Miami-dade

Area 2300

Zoning 6400

Interior

Interior Features InteriorFeatures

Heating Central, Individual

Cooling Central Air

Flooring Ceramic Tile, Tile

Fireplace No

Exterior

Parking Features Accessible Parking, Common

Utilities Available Electricity Connected, Other

Water Access Desc Public

Roof Type Shingle

Road Frontage City Street

Total Parking Spaces 2

Building

Lot Description City Lot, < 1/4 Acre

Story 2

Entry Level Two

Sewer Public Sewer

Water Public

Level or Stories Two

Structure Type Block

New Construction No

Construction Status Resale

Others

Tax ID 0430120020140

Security Features Smoke Detector(s)

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition Standard

Virtual Tour https://www.propertypanorama.com/715-W-29th-Street-Hialeah-FL/unbranded

BeachesMLS, Inc. (FLR) IDX
Listed by Moe Mossa Savvy Avenue, LLC

Schools and Properties Nearby

Angela Duncan

Find out why customers are choosing LPT Realty to meet their real estate needs

+1(813) 538-9890

angelacduncan@gmail.com

1400 S International Pkwy #1020, Lake Mary, FL, 32746, USA

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715 W 29th ST