$2,599,000

715 W 29th Street, Hialeah, FL 33012

  • 5,332 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1968
  • Property Lot Size Icon6,534sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $487/sqft
  • Property List Date Icon Listed 4 months ago

Property Description

Prime 8-Unit Multifamily Investment in Thriving Hialeah - Strong Cash Flow & Upside Potential! Seize this turnkey income producer at 715 W 29th St, Hialeah, FL 33012: a well-maintained 2-story, 5,332 sq ft apartment building on a 6,375 sq ft lot, built in 1968 with key updates including a 2019 roof, fully renovated bathrooms (last 3 years), and wall AC units in every apartment. Mix of 4 x 2BD/1BA and 4 x 1BD/1BA units, 100% occupied on flexible month-to-month leases, ideal for rent optimization in a market with YOY growth. Financial Highlights: Annual Gross Income: $171,120; Operating Expenses: $45,172; NOI: $125,948 (5% cap rate at asking price). Pro Forma Potential: Raise rents 5-10% immediately due to below-market rates and strong local demand. Located in Hialeah's vibrant core, minutes from major highways (I-95, Palmetto Expressway), Miami International Airport, and industrial hubs fueling job growth. No vacancies, deferred maintenance, or issues. Zero capex needs short-term. Perfect for 1031 exchanges, value-add plays, or long-term hold. Seller open to clean offers; quick close possible.

Listing Status:
Active
Date Added:
March 27, 2026
Data Last Updated:
July 27, 2026 at 1:06AM
Listing Office:
Savvy Avenue, LLC : 888-490-1268
Listing Agent:
Moe Mossa : 888-490-1268
MLS ID:
B26007690
  • Flooring: Ceramic FloorTile
  • A/C: Central Individual A/C
  • Heating: Central Individual A/C
  • Disability Feature: Accessible Parking
  • Parking: CommonParking spaces: 2
  • Roofing: Comp Shingle RoofShingle
  • General: CBS Construction2
  • Road/Access: City StreetCity
  • Originating MLS: Miami Association of REALTORS®
  • County: Miami-Dade County
  • Zoning: 6400INDUSTRIAL CENTER PB 14-81 LOT 23 BLK 17 LOT SIZE 6375 SQ FT OR 14005-3619 0289 104-30-12-002-0140
  • Utilities: Other Utilities AvailableElectricity AvailableOtherSeparate MetersElectricity on Property
  • Water: Public
  • Sewer: Public SewerPublic SanitationSewer
  • Source: Miami Association of REALTORS®
  • Ownership: Corporation

This listing courtesy of Moe Mossa , Savvy Avenue, LLC

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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