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715 29th, Hialeah, FL 33012
Offering:
For Sale
Location:
Hialeah, FL 33012
Status:
Active
$2,599,000
Details
Year built:
1968
Lot size:
0.15 acres · 6,375 sq ft
Levels:
Two
Stories:
2
Parking:
2 spaces
Days on market:
157
Annual tax (2025):
$18,742
Assessed value:
$1,224,000
Type:
Multi-family
MLS ID
B26007690
Virtual tour:
Listed by:
Savvy Avenue, LLC (FLL276617737)
Listing office phone:
Listing office email:
Listing agent:
Moe Mossa (FLL496503916)
Features
Utilities
Available:
Electricity Available, Other
Water source:
Public
Sewer:
Public Sewer
Description
Prime 8-Unit Multifamily Investment in Thriving Hialeah - Strong Cash Flow & Upside Potential! Seize this turnkey income producer at 715 W 29th St, Hialeah, FL 33012: a well-maintained 2-story, 5,332 sq ft apartment building on a 6,375 sq ft lot, built in 1968 with key updates including a 2019 roof, fully renovated bathrooms (last 3 years), and wall AC units in every apartment. Mix of 4 x 2BD/1BA and 4 x 1BD/1BA units, 100% occupied on flexible month-to-month leases, ideal for rent optimization in a market with YOY growth. Financial Highlights: Annual Gross Income: $171,120; Operating Expenses: $45,172; NOI: $125,948 (5% cap rate at asking price). Pro Forma Potential: Raise rents 5-10% immediately due to below-market rates and strong local demand. Located in Hialeah's vibrant core, minutes from major highways (I-95, Palmetto Expressway), Miami International Airport, and industrial hubs fueling job growth. No vacancies, deferred maintenance, or issues. Zero capex needs short-term. Perfect for 1031 exchanges, value-add plays, or long-term hold. Seller open to clean offers; quick close possible.
Price history
$2,599,000 → $2,599,000
· 1 price changes
Location
715 W 29th StreetHialeah, FL 33012
MLS information
Last updated Aug 31, 2026
Deemed reliable but not guaranteed.
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