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1169 W 37th St, Hialeah FL 33012

Commercial Recently Sold
$3,250,000

BTC: 50.78125000

ETH: 1,861.39747995

Sold on: 2024-11-01
38 days
0 room(s)

Overview

Rare retail center for sale in Hialeah on corner lot. Fully occupied with nine tenants all triple net leases. Seven of nine tenants are on month-to-month terms. Property's current NOI is $208,000. See attached for rent roll. Landlord currently solely responsible waste and landscaping approximately $760/month. Tenants responsible for all other expenses hence triple net leases. This is turnkey investment for investor with immediate upside. DO NOT DISTURB TENANTS!

Location

Details

Type:
Commercial Sale
Parking:
No Data
Year Built:
1985
Lot:
23181 Square Feet
Heating:
No Data
Price/sqft:
No Data
Cooling:
No Data
HOA:
No Data

Valuation

Our model vs. what's actually selling nearby.
Estimate
$3,950,000
$1.8M – $5.7M
Confidence Low
List vs. estimate
$350K below estimate
List $3,600,000 · -8.9%
Our model says this listing is priced below recent comparable activity. Expect competition.
Based on
7 MLS comparables
+ 30 public-records sales within 0.5 mi
Median actual sale: $293K
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$22,429
All facts and features
  • Lot

    • Lot: 23181 Square Feet

    Other Property Information

    • Parcel Number: 04-30-01-039-2140

    • Zoning: 6400

  • Type and style

    • Property Type: Commercial Sale

    • Property Sub Type: Retail

  • Other financial information

    • Annual tax amount: $22,429

  • Source details

    • MLS ID: A11641712

Private inquiry
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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: Dags Group & Associates