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1501 W 42nd St, Hialeah FL 33012

Commercial Recently Sold
$5,750,000

BTC: 89.84375000

ETH: 3,230.33707865

Sold on: 2024-08-16
39 days
0 room(s)

Overview

Eco Stone Group Investments is pleased to present a 20-unit multifamily property located at 1501 W 42 St, Hialeah, FL, 33012, in the heart of Hialeah, the largest epicenter for the Hispanic community. Its density and desirability have allowed for rapid growth in rents and capital appreciation for the area. The property is close to prime destinations like Miami International Airport, The Amelia Earhart Park, multiple supermarkets. The property features: - 20 separate units, each with 2 bedrooms and 1 bathroom (approximately 950 sq.ft.), which are larger than average. - Separate electric meters for each unit. - 80% of the units have been renovated. - A parking space for each unit. - On-site coin laundry facilities generating additional income.

Location

Florida • Hialeah • 33012 • Commercial • Recently Sold

Details

Type:
Commercial Sale
Parking:
Assigned
Year Built:
1987
Lot:
33933 Square Feet
Heating:
Central Individual A/C
Price/sqft:
No Data
Cooling:
Central Individual A/C
HOA:
No Data

Valuation

Recent sales nearby
30 public-records sales within 0.5 mi
Median actual sale: $242K
Not enough MLS comparables for a model estimate on this property. Public-records data shown instead.

Highlights

Annual tax
$72,083
All facts and features

  • Heating

    • Central Individual A/C

    Cooling

    • Central Individual A/C

  • Parking

    • Assigned

    Lot

    • Lot: 33933 Square Feet

    Other Property Information

    • Parcel Number: 04-30-02-072-0260

    • Zoning: 4500

  • Type and style

    • Property Type: Commercial Sale

    • Property Sub Type: Income/MultiFamily

  • Other financial information

    • Annual tax amount: $72,083

  • Source details

    • MLS ID: A11598443

    Other facts

    • Construction Materials: Concrete Block Construction

    • Window Features: Complete Other Protection

Private inquiry
Talk to the advisor on this listing.
Floor plans, HOA docs, off-market comparables, scheduling a private showing — one message, direct to the local specialist.

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Market around this address

Live counts in the same area.
View all
This zip
33012
160
median $280K
Active
Same city
Hialeah
813
median $453K
Active
Same type
Commercial
167
median $470K
Active
Similar price
$4.0M – $7.5M
16
median $5.4M
Active

The multiple listing information is provided by the Miami Association of REALTORS® from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Miami Association of REALTORS®. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: Habitat Realty LLC