0 Baths
4,905 sqft
$1,615,000
85 W 28th Street, Hialeah FL, 33010
Price per sqft$329.26
Built in1971
Property size4,905 sqft
Property typeCommercial
Overview
Active
Listed Jul 30, 2026
Updated 2 weeks ago
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.
Other Property Details
- Taxes
- $13,920
- Tax Frequency
- Annually
- Maintenance Expense
- $6,000
Listed with RE/MAX United Realty
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Data last updated 12:34 PM UTC, 9/23/2026