85 W 28th St, Hialeah, FL 33010

About 85 W 28th St, Hialeah, FL 33010

This well-maintained, 2-story building with 4,905 sq ft of living space sits on a 6,450 sq ft lot and was built in 1971. Key updates include a 1 year old roof, security cameras and impact windows. The property features a mix of four 1BD/1BA units and four 2BD/1BA units. It is 100% occupied on flexible month-to-month leases, offering an ideal opportunity for rent optimization in a market with consistent year-over-year growth. Annual Gross Income: $124,800 - Operating Expenses: $49,000 - Net Operating Income (NOI): $75,800 GRM 13.62 (4.69% cap rate at asking price) - Pro Forma Potential: Immediate 5-10% rent upside due to below-market rates and strong local demand. DO NOT DISTURB THE TENANTS.

How This Listing Compares in Hialeah

Medians from closed MLS sales in Hialeah; a starting point, not an appraisal.

Home Features at 85 W 28th St, Hialeah, FL 33010

Flooring

Terrazzo

Heating

Wall/Window Units

Cooling

Wall/Window Unit(s)

Parking Features

Assigned

Pool Private

No

The Building at 85 W 28th St, Hialeah, FL 33010

Building Area Total

4905

Building Area Units

Square Feet

Stories

2

Stories Total

2

Association

No

Security Features

Security System

Lot, Views & Construction at 85 W 28th St, Hialeah, FL 33010

Lot Features

City Location

Lot Size Square Feet

6,450

Waterfront

No

View

No

Construction Materials

Concrete Block Construction

Roof

Composition Roll

Sewer

Other

Water Source

Public

New Construction

No

Taxes & Public Record for 85 W 28th St, Hialeah, FL 33010

Parcel Number

04-31-07-004-0930

Tax Annual Amount

$13,920

Tax Year

2,025

Tax Legal Description

7 53 41 HIALEAH 11TH ADD PB 9-76 LOT 28 BLK 175 LOT SIZE 50.000 X 129 OR 13265-1209 0487 1

Zoning

4600

County Or Parish

Miami-Dade County

Map & Neighborhood