ActiveMLS# 117858957686 days on market
$1,615,000
85 W 28th Street
Hialeah, FL, 33010
0Bedrooms
0Bathrooms
—Sq Ft
1971Year Built
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About This Property

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 GRM 13.62 (4.69% 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.

Key Features

  • 6,450 sq ft Lot
  • Built in 1971

Property Details

  • Type: Single Family Home
  • Year Built: 1971
  • Lot Size: 6,450 sq ft
  • HOA: Contact Agent
  • Bedrooms: 0
  • Bathrooms: 0
  • Feature: 6,450 sq ft Lot
  • Feature: Built in 1971
  • Status: Active
  • MLS Number: 1178589576
  • Days on Market: 86
  • Listed By: RE/MAX United Realty · Saul M Milian
  • Zip Code: 33010
Listing information © 2026 Miami MLS. Information deemed reliable but not guaranteed. This listing is represented by TruDeals Realty at 0.5% seller commission. Buyer's agent commission is separate and negotiable.
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$1,615,00085 W 28th Street, Hialeah, FL
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