NW 5th st, Hialeah FL 33010

Description of NW 5th st, Hialeah FL 33010

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.

Property Details for NW 5th st, Hialeah FL 33010

Pool Private

No

Building Information for NW 5th st, Hialeah FL 33010

Building Name

TOWN OF HIALEAH FLA

Building Area Units

Square Feet

Association

No

Property Information for NW 5th st, Hialeah FL 33010

Lot Features

City Location, Near Airport, 1-2.5 Acres

Lot Size Square Feet

4,250

Waterfront

No

Frontage Length

0

View

No

Sewer

Other

Water Source

Municipal Water

New Construction

No

Public Records for NW 5th st, Hialeah FL 33010

Parcel Number

04-31-18-001-2161

Tax Annual Amount

$54,272

Tax Year

2,025

Tax Legal Description

TOWN OF HIALEAH PB 5-77 S85FT OF LOT 21 BLK 17 LOT SIZE 4250 SQ FT OR 15072-3078 0691 2 (2)

Zoning

3900

County Or Parish

Miami-Dade County