ActiveIncome/MultiFamily
85 W 28th St, Hialeah FL 33010
Hialeah, FL 33010 · MLS #A12058410The residence
About this property
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.
At a glance
Property details
- Property type
- Income/MultiFamily
- Listing type
- For sale
- Status
- Active
- Year built
- 1971
- Lot size
- 6,450 sq. ft.
- County
- Miami-Dade County
- Days on market
- 89
- Original list price
- $1,700,000
- Listing date
- July 16, 2026
- MLS record updated
- October 13, 2026
- Annual property tax
- $13,920 (2025)
- Listing agent
- Saul Milian
- Listing office
- RE/MAX United Realty
- MLS number
- A12058410
Neighborhood & location
Explore Hialeah
Review nearby homes, local services, commute routes, schools, flood information, and community rules as part of your due diligence. Neighborhood information can change and should be verified with the appropriate local authority.
Schools
School information
- School district
- Miami-Dade County Public Schools
Plan your purchase
Mortgage calculator
- Principal & interest
- $8,166
- Property taxes
- $1,160
- Homeowners insurance
- $808
- Estimated total
- $10,134
Estimate only. Taxes, insurance, association fees, PMI, interest rate, and lender terms vary. Confirm the actual payment and closing costs with a licensed mortgage professional. Review Florida mortgage and pre-approval guidance.
Continue your search
Similar properties nearby
918 NW 5th St, Miami FL 33128
$1,600,0002120 SW 4th St, Miami FL 33135
$1,499,0002239 NW 87th St, Miami FL 33147
$1,460,0001238 SW 4th St, Miami FL 33135
$1,850,000Listing courtesy of RE/MAX United Realty, 305-575-2727.
Data provided by MIAMI Association of REALTORS®. Information is deemed reliable but is not guaranteed accurate by the MLS and should be independently verified. Property availability, price, and details are subject to change without notice.