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179 W 9th St, Hialeah FL 33010

Commercial Recently Sold
$2,700,000

BTC: 90.00000000

ETH: 1,350.00000000

Sold on: 2025-04-04
27 days
0 room(s)
Est. Estimated sales range: $0 - $0
$0

Overview

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 Recertificatioon 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.

Location

Facts and features

Type:
Commercial Sale
Parking:
Assigned
Year Built:
1954
Lot:
20250 Square Feet
Heating:
No Data
Price/sqft:
No Data
Cooling:
No Data
HOA:
No Data
All facts and features
  • Parking

    • Assigned

    Lot

    • Lot: 20250 Square Feet

    Other Property Information

    • Parcel Number: 04-31-18-001-4921

    • Zoning: 6100

  • Type and style

    • Property Type: Commercial Sale

    • Property Sub Type: Income/MultiFamily

  • Other financial information

    • Annual tax amount: $24,561

  • Source details

    • MLS ID: A11729702

    Other facts

    • Construction Materials: Concrete Block Construction / CBS Construction

    • Water Source: Public

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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: Douglas Elliman