$550,000
SOLD APR 29, 2025
4 Beds
3 Baths
1,979 Sq Ft
3,329 Sq Ft Lot

Recently Sold

$278 Per Sq Ft

19% Below List Price

60 Days on Market

Highlights

  • Main Floor Primary Bedroom
  • Eat-In Kitchen
  • Solid Wood Cabinet
  • No HOA
  • Built-In Features

About This Home

As of April 2025

Exceptional Triplex Opportunity in Hialeah! Don’t miss out on this incredible chance to own a centrally located triplex in the heart of Hialeah, a rapidly growing area with significant potential for appreciation! The landlord's early retirement offers a unique opportunity to snatch this meticulously-maintained property to both investors and owner-occupants alike! The triplex features three units in total: one 2-bedroom, 1-bathroom unit, and two 1-bedroom, 1-bathroom units, providing a combined total of 4 bedrooms and 3 bathrooms. The standout unit is one of the 1-bedrooms, which has been fully renovated to offer luxurious vinyl wood flooring and a stunning bathroom complete with white marble tile. The updated kitchen boasts sleek granite countertops and solid wood cabinets, providing a modern and functional space. The second 1-bedroom unit also features the same elegant granite countertops and solid wood cabinetry, while the 2-bedroom unit, although not updated, offers a spacious living room and a generously sized kitchen. Each unit comes with its own separate electric meter and utilizes window AC units, ensuring individual control over utilities. Sitting on a large, expansive lot, the property offers ample parking space for tenants and guests. Currently, the property generates $3,450 per month in rental income, totaling $41,400 annually. With current tenants paying below market rents, there’s considerable room for increased rental income with just a bit of TLC. Whether you’re looking to live in one unit while renting the others, or seeking a stable income-generating investment, this property is an excellent opportunity. Located just 10 minutes from Miami International Airport, with easy access to major highways and proximity to numerous stores and businesses, the location is unbeatable. Don’t miss this rare investment opportunity to own a profitable triplex in one of South Florida’s most desirable markets! Easy to show—schedule your viewing today!

Last Agent to Sell the Property

Ronald Ryder

RICHARD PETERS REALTY LLC License #3593068 Listed on: 01/10/2025

Last Buyer's Agent

Ronald Ryder

RICHARD PETERS REALTY LLC License #3593068 Listed on: 01/10/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,124

Year Built

  • Built in 1966

Lot Details

  • 3,329 Sq Ft Lot
  • Lot Dimensions are 81.2x82

Home Design

  • Triplex
  • Block Foundation
  • Slab Foundation
  • Shingle Roof
  • Concrete Siding
  • Block Exterior

Interior Spaces

  • 1,979 Sq Ft Home
  • Built-In Features

Kitchen

  • Eat-In Kitchen
  • Solid Wood Cabinet

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • 3 Bathrooms

Outdoor Features

  • Private Mailbox

Utilities

  • Ductless Heating Or Cooling System
  • Cooling System Mounted To A Wall/Window
  • Phone Available
  • Cable TV Available

Community Details

  • No Home Owners Association
  • 3 Units
  • 1,981 Sq Ft Building
  • Hialeah Add 17 Subdivision

Listing and Financial Details

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,124

Year Built

Built in 1966

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Triplex
  • Construction Materials: Block, Concrete
  • Fireplace: No
  • Living Area: 1979
  • Lot Size Acres: 0.08
  • New Construction: No
  • Year Built: 1966
  • Building Area Total: 1981
  • Lot Size Sq Ft: 3329
  • Directions to Property: Get on FL-953 N/S Le Jeune Rd from Arrivals and Exits 2-3-4 5 min (1.9 mi) Head west on NW 21st St toward Miad Cir ? 197 ft Continue straight onto Central Blvd ? 0.2 mi Use the left 2 lanes to turn slightly left onto Arrivals ? 423 ft Keep left to stay on Arrivals ? 0.7 mi Slight left toward NW 21st St ? 0.1 mi Continue onto NW 21st St 0.2 mi Take the ramp to Rental Car Ctr./FL-953/N. LeJeune/Hialeah ? 0.6 mi ? Take E Okeechobee Rd to W 21st St in Hialeah 10 min (3.9 mi) Continue straight onto FL-953 N/S Le Jeune Rd ? 0.7 mi Take the ramp onto E Okeechobee Rd ? 2.2 mi Turn right onto W 4th Ave/Red Rd ? 0.8 mi Turn right onto W 21st St ? Destination will be on the right
  • Status: Sold
  • Street Direction: W
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Escrow State: FL
  • List Office Head Office Key Nume: 716160941
  • RATIO Current Price By Calculate: 277.92
  • Total Acreage: 0 to less than 1/4
  • Unit Number YN: 0
  • Water Access YN: 0
  • Tax Year: 2024
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Interior Amenities: Built-in Features, Eat-in Kitchen, Primary Bedroom Main Floor, Solid Wood Cabinets
  • Foundation Details: Block, Slab
  • Total Bedrooms: 4
  • Street Number Modifier: 180
  • ResoLivingAreaSource: PublicRecords
  • Living Area Meters: 183.86

Exterior Features

  • Exterior Features: Other, Private Mailbox, Sidewalk
  • Roof: Shingle
  • Pool Private: No
  • Waterfront: No
  • Road Surface Type: Asphalt, Concrete
  • Water Extras YN: 0
  • Water View YN: 0
  • Waterfront Feet Total: 0

Garage/Parking

  • Carport Y N: No
  • Garage Yn: No

Utilities

  • Utilities: Cable Available, Electricity Available, Phone Available, Sewer Available, Water Available
  • Cooling: Wall/Window Unit(s)
  • Heating: Ductless
  • Laundry Features: None
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Association 2 YN: 0

Fee Information

  • Total Annual Fees: 0.00
  • Total Monthly Fees: 0.00

Lot Info

  • Zoning: 6500
  • Parcel Number: 04-3107-013-1070
  • Additional Parcels: No
  • Lot Dimensions: 81.2x82
  • Flood Zone Code: AH
  • Lot Size Square Meters: 309

Multi Family

  • Number Of Units Total: 3
  • Total Num Buildings: 3
  • Unit Count: 3

Tax Info

  • Tax Annual Amount: 8124.3
  • Tax Block: 126
  • Tax Book Number: 23-9
  • Tax Lot: 25

Range of Values:

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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 Change Sq Ft Price
04/29/2025 04/29/25 Sold $550,000 -7.6% $278 / Sq Ft
03/11/2025 03/11/25 Pending -- -- --
03/08/2025 03/08/25 Price Changed $594,998 0.0% $301 / Sq Ft
03/06/2025 03/06/25 Price Changed $594,999 -1.7% $301 / Sq Ft
02/24/2025 02/24/25 Price Changed $604,999 -2.4% $306 / Sq Ft
02/20/2025 02/20/25 Price Changed $619,999 -1.6% $313 / Sq Ft
02/07/2025 02/07/25 Price Changed $629,999 -3.1% $318 / Sq Ft
01/23/2025 01/23/25 Price Changed $649,999 -4.4% $328 / Sq Ft
01/10/2025 01/10/25 For Sale $679,999 +353.3% $344 / Sq Ft
08/02/2013 08/02/13 Sold $150,000 -7.7% $83 / Sq Ft
07/08/2013 07/08/13 Pending -- -- --
04/19/2013 04/19/13 For Sale $162,500 -- $90 / Sq Ft
Source: Stellar MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: TB8336961

Stellar MLS