Multifamily For Sale
85 W 28th St, Hialeah, FL 33010

$1,700,000
New For Sale
Mila Bogatov
Mila Bogatov
Luxury Real Estate Broker

Details


  • MLS Number:A12058410
  • Virtual Tour: YES
  • List Price: $1,700,000
  • Taxes:$13,920
  • Year Built:1971
  • Listing Date:July 30, 2026
  • Days On Market:7
  • Total Units:8

Description


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 (4% 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.

Features


  • Floor:Terrazzo
  • Exterior Feature:

Location


Request Information
Mila Bogatov
Mila Bogatov
Luxury Real Estate Broker