765 W 23rd St, Hialeah, 33010

  • $1,500,000

Buy

Hialeah

765 W 23rd St, Hialeah, 33010

Hialeah

  • $1,500,000

Quick Details

MLS #: A11654083
  • 21780
  • Lot sqft

Description

This property presents an excellent opportunity for leveraging the Live Local Act program, given its prime location just 0.5 miles from the Okeechobee Metro Rail station, which includes an eight-story development. The site is strategically situated adjacent to a public school on the east side and bordered by an industrial site to the north. Potentially zoned for 70 units per acre under Neighborhood Business District (NBD) regulations, the property can accommodate up to 35 units. Currently generating $6,500 per month from two fully rented structures (3/1, 3/2, and 1/1 units), the highest and best use of this property is the land. Benefit from ongoing rental income during the development process.

  • Address 765 W 23rd St
  • City Hialeah
  • State/county Florida
  • Zip/Postal Code 33010
  • Area Miami-dade County

Details

  • MLS #: A11654083
  • Price: $1,500,000
  • Land Area: 21780 sqft
  • Property Status: Buy
Listed by Joseph Suarez · Trustpoint Realty, LLC. - Updated on October 8, 2024 at 8:02 am

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