85 W 28th St, Hialeah, FL 33010
85 W 28th St, Hialeah, FL 33010
85 W 28th St, Hialeah, FL 33010
85 W 28th St, Hialeah, FL 33010
85 W 28th St, Hialeah, FL 33010
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Gerardo (Jerry) Barrios

Gerardo (Jerry) Barrios

+1(786) 318-7422
$ 1,700,000
Est. payment | /mo

4,905 SqFt

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$ 1,700,000
Est. payment | /mo
Save Virtual Tour

4,905 SqFt

Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 4,905 sqft

Price per Sqft $346

MLS Listing ID A12058410

Maintenance Fees $500

HOA Y/N No

Year Built 1971

Annual Tax Amount $13,921

Tax Year 2025

Lot Size 6,450 Sqft

Property Sub-Type Multi Family

Property 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.

Location

State FL

County Miami-dade

Area 31

Interior

Heating Window Unit, Wall Furnace

Cooling Wall/Window Unit(s)

Flooring Terrazzo

Window Features Impact Glass

Exterior

Roof Type Composition

Total Parking Spaces 10

Private Pool Yes

Building

Story 2

Sewer Other

Water Public

Level or Stories Two

Structure Type Block

Others

Tax ID 04-31-07-004-0930

Ownership Self Proprietor/Individual

Security Features Security System

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Virtual Tour https://www.propertypanorama.com/instaview/mia/A12058410

Miami Association of Realtors (SEFMIAMI MLS)
Listed by RE/MAX United Realty
Gerardo (Jerry) Barrios
Gerardo (Jerry) Barrios

Agent | License ID: 3646800

+1(786) 318-7422 | gbarrios@axenrealty.com

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85 W 28th St