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85 W 28th St, Hialeah FL 33010

Commercial For Sale
$1,700,000

BTC: 26.77376171

ETH: 893.49535382

New
0 room(s)

Overview

This well-maintained, 2-story building with 4,905 sq ft of living space sits on a 6,450 sq ft lot and was built in 1971. Key updates include a 1 year old roof, security cameras and impact windows. The property features a mix of four 1BD/1BA units and four 2BD/1BA units. It is 100% occupied on flexible month-to-month leases, offering an ideal opportunity for rent optimization in a market with consistent year-over-year growth. Annual Gross Income: $124,800 - Operating Expenses: $49,000 - Net Operating Income (NOI): $75,800 (4% cap rate at asking price) - Pro Forma Potential: Immediate 5-10% rent upside due to below-market rates and strong local demand. DO NOT DISTURB THE TENANTS.

Location

Details

Type:
Commercial Sale
Parking:
Assigned
Year Built:
1971
Lot:
6450 Square Feet
Heating:
Wall/Window Units
Price/sqft:
No Data
Cooling:
Wall/Window Unit(s)
HOA:
No Data

Valuation

Our model vs. what's actually selling nearby.
Estimate
$1,250,000
$464K – $2.5M
Confidence Low
List vs. estimate
$450K above estimate
List $1,700,000 · +36.0%
Our model says this listing is priced above recent comparable activity. Room to negotiate.
Based on
9 MLS comparables
+ 19 public-records sales within 0.5 mi
Median actual sale: $450K
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$13,921
2025
Parking
10 spaces
All facts and features
  • Flooring

    • Terrazzo

    Heating

    • Wall/Window Units

    Cooling

    • Wall/Window Unit(s)

  • Parking

    • Assigned

    Lot

    • Lot: 6450 Square Feet

    Other Property Information

    • Parcel Number: 04-31-07-004-0930

    • Zoning: 4600

  • Type and style

    • Property Type: Commercial Sale

    • Property Sub Type: Income/MultiFamily

  • Other financial information

    • Annual tax amount: $13,921

  • Source details

    • MLS ID: A12058410

    Other facts

    • Construction Materials: Concrete Block Construction

    • Lot Features: City Location

    • Window Features: Clear Impact Glass

    • Water Source: Public

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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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: RE/MAX United Realty