Income generating development opportunity, 6 folio assemblage totaling 1.3 acre (44,750 SF). Strategically located in Hialeah one block from Miami Springs. City and state incentives such as Hialeah’s Neighborhood Business District overlay and Florida’s Live Local Act can apply on this property. Property currently features 10 income producing units with a monthly cash flow of $14,200. Along with an additional 12 units that brings in $12,000 a month. This allows the developer to collect income to cover costs while developer is going through the entitlement and planning stages for future development. Seller will also consider a Joint Venture with any builder that has a vision.

The multiple listing information is provided by Miami Association of REALTORS® from a copyrighted compilation of listings. The compilation of listings and each individual listing are © 2026 Miami Association of REALTORS®. All Rights Reserved. The information provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Data last updated on August 20, 2026

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More Info

Basic Information

Current UseCommercial, Unimproved
List Price$5,000,000
MIAMIA12066819
MlsStatusActive
PublicSurveyRange31
Virtual TourView Tour

Tax Information

Tax Year2025
Taxes$54,272

Location

Area31
CountyMiami-Dade
SubdivisionTown Of Hialeah Fla
Zip33010

Utilities

SewerOther
UtilitiesElectricity Available, Phone Available, Sewer Available, Water Available
Water SourcePublic

Basic Information

Property TypeLand
StatusActive

Property

Acreage0.1
Lot Size Area4,250
Lot Size Square Feet4,250
Zoning3900

Other

Gross Scheduled Income$158,200

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Grier Allen

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