Income generating development opportunity, 6 folio assemblage totaling 1.3 acre (44,750 SF). Strategically located in Hialeah one block from Miami Springs. City and state incentives such as Hialeahs Neighborhood Business District overlay and Floridas Live Local Act can apply on this property. Property currently features 10 income producing units with a monthly cash flow of $14,200. Along with an additional 12 units that brings in $12,000 a month. This allows the developer to collect income to cover costs while developer is going through the entitlement and planning stages for future development. Seller will also consider a Joint Venture with any builder that has a vision.
Listed By
Agency Name: The Canero Group
Agency Phone: 305-444-5004
Shown By
Agency Title: Realty 100
Agency Phone: 954-859-2100
Estimated Payment
$ 17,108.83 per month $11,127.83 Principal & Interest $4,522.67 Property Tax $1,458.33 Homeowner's InsuranceIf the email address was found in our system, your password has been sent. Please check your inbox.
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Nw 5th St | MLS# A12066819
This land located at Nw 5th St , Hialeah, FL 33010 is currently listed for sale with an asking price of $5,000,000. The property has approximately 1.20 Acres. Search Hialeah real estate on www.realty100.com today.