715 W 29th St Hialeah, FL 33012
Hialeah AreaEstimated payment $15,902/month
Highlights
- No HOA
- Ceramic Tile Flooring
- 2-minute walk to Walker Park
- Accessible Parking
- Heating Available
About This Home
Prime 8-Unit Multifamily Investment in Thriving Hialeah - Strong Cash Flow & Upside Potential! Seize this turnkey income producer at 715 W 29th St, Hialeah, FL 33012: a well-maintained 2-story, 5,332 sq ft apartment building on a 6,375 sq ft lot, built in 1968 with key updates including a 2019 roof, fully renovated bathrooms (last 3 years), and wall AC units in every apartment. Mix of 4 x 2BD/1BA and 4 x 1BD/1BA units, 100% occupied on flexible month-to-month leases, ideal for rent optimization in a market with YOY growth. Financial Highlights: Annual Gross Income: $171,120; Operating Expenses: $45,172; NOI: $125,948 (5% cap rate at asking price). Pro Forma Potential: Raise rents 5-10% immediately due to below-market rates and strong local demand. Located in Hialeah's vibrant core, minutes from major highways (I-95, Palmetto Expressway), Miami International Airport, and industrial hubs fueling job growth. No vacancies, deferred maintenance, or issues. Zero capex needs short-term. Perfect for 1031 exchanges, value-add plays, or long-term hold. Seller open to clean offers; quick close possible.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $18,742
Year Built
- Built in 1968
Home Design
- Shingle Roof
- Concrete Block And Stucco Construction
Interior Spaces
- 5,332 Sq Ft Home
- Property has 2 Levels
- 8 Foot Ceilings
- Ceramic Tile Flooring
- Fire and Smoke Detector
Parking
- 2 Parking Spaces
- Common or Shared Parking
Utilities
- Cooling Available
- Heating Available
Additional Features
- Accessible Parking
- 6,375 Sq Ft Lot
- City Lot
Community Details
- No Home Owners Association
- 8 Units
Listing and Financial Details
- Assessor Parcel Number 04-30-12-002-0140
Map
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 | $18,742 | $884,259 | ||
| 2024 | $17,015 | $803,872 | ||
| 2023 | $17,015 | $730,793 | $0 | $0 |
| 2022 | $14,278 | $664,358 | $0 | $0 |
| 2021 | $12,517 | $603,962 | $0 | $0 |
| 2020 | $11,683 | $699,373 | $159,375 | $539,998 |
| 2019 | $11,017 | $687,466 | $159,375 | $528,091 |
| 2018 | $9,459 | $582,583 | $127,500 | $455,083 |
| 2017 | $8,959 | $412,516 | $0 | $0 |
| 2016 | $8,447 | $375,015 | $0 | $0 |
| 2015 | $7,828 | $340,923 | $0 | $0 |
| 2014 | $6,295 | $309,930 | $0 | $0 |
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 03/27/2026 03/27/26 | For Sale | $2,599,000 | -- | $487 / Sq Ft |
Source: MIAMI REALTORS® MLS
MLS Number: B26007690
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