Commercial property in Hialeah, Florida 1197.88 sq.m. № 2274836

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Commercial property in Hialeah, Florida 1197.88 sq.m. № 2274836
ID2274836 $ 4 340 000
  • EUR €
  • USD $
  • RUB ₽
  • GBP £
2274836

Property description

This well-maintained 14-unit multifamily property offers investors a substantial rental asset in the desirable Hialeah/Miami Lakes submarket. The property features ten spacious two-bedroom, one-and-a-half-bathroom residences and four three-bedroom, two-bathroom residences. Each unit is separately metered for electricity, while water is provided through a common meter. The large floor plans and practical configurations are well positioned in a market with strong demand for affordable rental housing. The property is within walking distance of Bucky Dent Park, which features a public swimming pool, water park, skate park, baseball fields, and other community amenities. It is also near Westland Mall, an established retail destination planned for mixed-use redevelopment that may further enhance the surrounding area. Located near the Palmetto Expressway (SR 826), I-75, Okeechobee Road (US 27), and the Florida Turnpike, the property provides convenient access to employment centers throughout Miami-Dade County.
Its proximity to Medley and industrial and commercial corridors supports demand from the area’s growing workforce. The Hialeah/Miami Lakes submarket is supported by established residential, retail, commercial, and light-industrial corridors. Lower housing costs than many Miami-area submarkets, limited rental vacancies, strong rents, and the continued affordability gap between renting and homeownership make this property a compelling long-term investment opportunity
MLS #: A12061086
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CityHialeah
Address6305 W 22nd Ct, Hialeah FL 33016
TypeCommercial property
Living space1197.88 m²
  • m²
  • sq. ft
Completion dateIV quarter, 1989
Parking places24
Price
  • Price
  • per m²
$ 4 340 000
  • EUR €
  • USD $
  • RUB ₽
  • GBP £
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