$700,000
$50K PRICE DROP

Estimated payment $4,048/month

Total Views 110
7 Beds
6 Baths
1,481 Sq Ft
$473 Price per Sq Ft

Highlights

  • No HOA
  • In-Law or Guest Suite
  • Laundry in Utility Room
  • Workshop
  • Patio
  • Ceramic Tile Flooring

About This Home

Don’t miss this incredible opportunity to own a fully leased income-generating property in the heart of Hialeah. Originally a 3-bed/3-bath home with in-law quarters, this property has been thoughtfully reconfigured into 6 separate rental units, bringing in a monthly gross income of approximately $8,000.
This setup offers a strong return on investment with minimal management required, thanks to the high rental demand in this thriving area. Easily convert back to a spacious single-family home with in-law quarters if desired; flexibility and potential are endless.

Located in a prime, high-demand rental market, this is a smart buy for any investor looking to grow their portfolio with a turnkey cash-flowing asset

Listing Agent

Gelkys Chorens

Real Estate Sales Force License #3266266 Listed on: 06/20/2025

Real Estate Sales Force

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,057

Year Built

  • Built in 1949

Lot Details

  • 6,650 Sq Ft Lot
  • North Facing Home
  • Fenced
  • Property is zoned 0100

Home Design

  • Flat Roof with Façade front

Interior Spaces

  • 1,481 Sq Ft Home
  • 1-Story Property
  • Family Room
  • Workshop
  • Ceramic Tile Flooring

Kitchen

  • Electric Range
  • Microwave

Bedrooms and Bathrooms

  • 7 Bedrooms
  • In-Law or Guest Suite
  • 6 Full Bathrooms

Laundry

  • Laundry in Utility Room
  • Dryer
  • Washer

Parking

  • 2 Attached Carport Spaces
  • Driveway
  • Open Parking

Outdoor Features

  • Patio
  • Exterior Lighting

Additional Features

  • Two Bathroom Guest House
  • Central Heating and Cooling System

Community Details

  • No Home Owners Association
  • Sub Of Pb 7 113 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 04-31-06-045-0250

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,057

Year Built

Built in 1949

Lot Details

0

Listing Details

  • Property Type: Residential
  • Year Built: 1949
  • Property Sub Type: Single Family Residence
  • Architectural Style: Detached, One Story
  • Carport Y N: Yes
  • Garage Yn: No
  • Horses: No
  • New Construction: No
  • Structure Type: R30-No Pool/No Water, House
  • Subdivision Name: SUB OF PB 7-113
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: No
  • MIAMIRE_GuestHouseDescription: 2 Baths
  • MIAMIRE_MembershipPurchRqdYN: No
  • Special Features: None

Interior Features

  • Appliances: Dryer, Microwave, Electric Range, Refrigerator, Washer
  • Interior Amenities: First Floor Entry, Family Room, Separate Guest/In-Law Quarters, Utility Room/Laundry, Workshop
  • Full Bathrooms: 6
  • Total Bedrooms: 7
  • Flooring: Ceramic Floor
  • Living Area: 1481
  • Bedroom Features: At Least 1 Bedroom Ground Level
  • Living Room Features: Family Room, Separate Guest/In-Law Quarters, Utility Room/Laundry, Workshop

Exterior Features

  • Roof: Flat Roof With Facade Front
  • View: None
  • Exterior Features: Lighting
  • Construction Type: Concrete Block Construction
  • Direction Faces: North
  • Fencing: Fenced
  • Lot Features: Less Than 1/4 Acre Lot
  • Patio And Porch Features: Patio
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Park Building Name: SUB OF PB 7-113
  • Carport Spaces: 2
  • Covered Parking Spaces: 2
  • Open Parking: Yes
  • Parking Features: Attached Carport, Covered, Driveway

Utilities

  • Sewer: Public Sewer
  • Water Source: Municipal Water
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Laundry Features: Utility Room/Laundry

Condo/Co-op/Association

  • Association: No
  • Community Features: None

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Lot Info

  • Parcel Number: 04-31-06-045-0250
  • Lot Size Sq Ft: 6650
  • Zoning: 0100

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 2057

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $2,057 $219,395 -- --
2024 $1,987 $151,363 -- --
2023 $1,987 $146,955 $0 $0
2022 $1,903 $142,675 $0 $0
2021 $1,881 $138,520 $0 $0
2020 $1,852 $136,608 $0 $0
2019 $1,797 $133,537 $0 $0
2018 $1,703 $131,048 $0 $0
2017 $1,677 $128,353 $0 $0
2016 $1,664 $125,714 $0 $0
2015 $1,681 $124,841 $0 $0
2014 $1,699 $123,851 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/16/2025 07/16/25 Price Changed $700,000 -6.7% $473 / Sq Ft
06/20/2025 06/20/25 For Sale $750,000 -- $506 / Sq Ft
Source: MIAMI REALTORS® MLS

Purchase History

Date Type Sale Price Title Company
Warranty Deed $22,000 Title Partners Of Fl Inc
Warranty Deed $210,000 Westland Title Corporation
Quit Claim Deed $53,200 --
Quit Claim Deed -- --
Warranty Deed $160,000 --
Warranty Deed $56,000 --
Warranty Deed $53,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $382,500 New Conventional
Previous Owner $259,000 Unknown
Previous Owner $100,000 Credit Line Revolving
Previous Owner $46,000 Credit Line Revolving
Previous Owner $225,000 Unknown
Previous Owner $39,750 New Conventional
Source: Public Records

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Source: MIAMI REALTORS® MLS

MLS Number: A11823636

MIAMI REALTORS® MLS

APN: 04-3106-045-0250