$2,700,000
SOLD APR 4, 2025
-- Bed
-- Bath
6,729 Sq Ft
1954 Built

Recently Sold

$401 Per Sq Ft

10% Below List Price

42 Days on Market

Highlights

  • No HOA
  • Heating Available
  • 1-Story Property
  • Cooling Available

About This Home

As of April 2025

This 14-unit multi-family building is located in one of the best areas in West Hialeah. The property is in
excellent condition with long-standing tenants, fully occupied. There are nine 1-bedroom units and 5
studio units. The 50-year Recertification was passed and completed in 2024. Potential to increase
monthly rental rates to market rents which indicate should be $1,750 per month for 1-bedrooms and
$1,350 per month for studios. There is extremely low turnover and almost no vacancy on this property.
Utility room onsite where a Washer/Dryer are located and currently collecting rent, about $70 per
month. All units have separate electric meters.

Last Agent to Sell the Property

David Vazquez

Douglas Elliman License #3276028 Listed on: 01/23/2025

Douglas Elliman

Co-Listed By

Brittany Marrero

Douglas Elliman License #3460360

Last Buyer's Agent

Felix Ramirez

License #3396155

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $24,561

Year Built

  • Built in 1954

Parking

  • 15 Parking Spaces

Home Design

  • Quadruplex
  • Shingle Roof
  • Concrete Block And Stucco Construction

Interior Spaces

  • 6,729 Sq Ft Home
  • 1-Story Property

Utilities

  • Cooling Available
  • Heating Available
  • Septic Tank

Community Details

  • No Home Owners Association
  • 2 Units
  • Town Of Hialeah Fla Condos
  • Town Of Hialeah Fla Subdivision

Listing and Financial Details

  • Rent includes rent incl
  • Assessor Parcel Number 04-31-18-001-4921

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$24,561

Year Built

Built in 1954

Listing Details

  • Property Type: Residential Income
  • Year Built: 1954
  • Property Sub Type: Quadruplex
  • Architectural Style: Other
  • Co List Office Mls Id: DEOM19
  • Co List Office Phone: 305-695-6060
  • Horses: No
  • New Construction: No
  • Building Stories: 1
  • Structure Type: Quadruplex, Fourplex
  • Subdivision Name: TOWN OF HIALEAH FLA
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: No
  • ResoPropertyType: ResidentialIncome
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Flooring: Other
  • Living Area: 6729
  • Possible Use: Unknown/Withheld
  • Stories: 1

Exterior Features

  • Roof: Shingle
  • Construction Type: CBS Construction
  • Lot Features: 1/4 To Less Than 1/2 Acre Lot
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Park Building Name: TOWN OF HIALEAH FLA
  • Total Parking Spaces: 15

Utilities

  • Sewer: Septic Tank
  • Water Source: Municipal Water
  • Cooling: Other
  • Cooling Y N: Yes
  • Heating: Other
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Lot Info

  • Parcel Number: 04-31-18-001-4921
  • Zoning: 6100
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Rent Includes: Other Rent Incl

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 24561

Multi Family

  • Number Of Units In Community: 2
  • Number Of Units Total: 14
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/04/2025 04/04/25 Sold $2,700,000 -10.0% $401 / Sq Ft
03/06/2025 03/06/25 Pending -- -- --
02/26/2025 02/26/25 For Sale $2,999,000 0.0% $446 / Sq Ft
02/19/2025 02/19/25 Pending -- -- --
01/23/2025 01/23/25 For Sale $2,999,000 -- $446 / Sq Ft
Source: MIAMI REALTORS® MLS

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 $24,561 $1,222,376 -- --
2024 $23,515 $1,111,251 -- --
2023 $23,515 $1,010,229 $0 $0
2022 $19,478 $918,390 $0 $0
2021 $18,511 $834,900 $0 $0
2020 $14,889 $790,000 $567,000 $223,000
2019 $13,368 $690,000 $506,250 $183,750
2018 $12,831 $680,000 $445,500 $234,500
2017 $12,034 $614,900 $0 $0
2016 $11,545 $560,725 $0 $0
2015 $10,556 $530,000 $0 $0
2014 $9,953 $490,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11729713

MIAMI REALTORS® MLS
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