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1501 W 42nd St, Hialeah FL 33012

Commercial Recently Sold
$5,750,000

BTC: 191.66666667

ETH: 2,875.00000000

Sold on: 2024-08-16
39 days
0 room(s)
Est. Estimated sales range: $0 - $0
$0

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

Facts and features

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
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

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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 ©2025-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