NW 5th ST, Hialeah, FL 33010
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NW 5th ST, Hialeah, FL 33010
NW 5th ST, Hialeah, FL 33010
NW 5th ST, Hialeah, FL 33010
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Kristina Horta

Kristina Horta

+1(954) 553-0103
$ 5,000,000
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NW 5th ST Hialeah, FL 33010

1.2 Acres Lot

UPDATED:

Key Details

Property Type Vacant Land

Sub Type Unimproved Land

Listing Status Active

Purchase Type For Sale

Subdivision Town Of Hialeah Fla

MLS Listing ID A12066819

HOA Y/N No

Annual Tax Amount $54,272

Tax Year 2025

Lot Size 1.200 Acres

Acres 1.2

Property Sub-Type Unimproved Land

Property Description

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.

Location

State FL

County Miami-dade

Area 2410

Zoning 3900

Interior

Interior Features InteriorFeatures

Fireplace No

Exterior

Utilities Available Electricity Available, Phone Available, Sewer Available, Water Available

Water Access Desc Public

Present Use Multi-Family,Unimproved

Road Frontage Public Road

Building

Lot Description 1-2 Acres, 2-3 Acres, City Lot

Water Public

Schools

Elementary Schools Kensington Park

Middle Schools Citrus Grove

High Schools Miami

Others

Restrictions City Restrictions

Tax ID 0431180012161

Virtual Tour https://www.propertypanorama.com/instaview/mia/A12066819

BeachesMLS, Inc. (FLR) IDX
Listed by Mary Arbelaez The Canero Group
Kristina Horta

Kristina Horta

Advisor | License ID: SL3389525

+1(954) 553-0103

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NW 5th ST