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$4,900,000 Just Listed

  • For Sale
  • Active
  • Commercial Multi-Family
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Prime Development Opportunity - Almost 45,000 SQFT! 6 PROPERTIES!! Discover a rare cover land play perfect for multi-family development in the heart of Hialeah right off W. Okeechobee. These multi set of properties span nearly 45,000 square feet, offering a blank canvas for developers to create a thriving residential/ mixed use building. Highlights: Ideal for multi-family development Generous lot size: ~45,000 SQFT Excellent location with strong growth potential Ready for creative development concepts Currently receiving income from 21 units on 3 properties Don't miss this chance to secure a covered land play in a high-demand area.

Full Property Details for 131 W 5St

General

  • Price: $4,900,000
  • Status: Active
  • Type: Commercial Multi-Family
  • Source: Greater_Miami
  • MLS ID: A12016594
  • Updated: 5/11/2026
  • Added to Site: 1 day(s) ago

Business

  • Business Type: Commercial/Residential Income, Other Type

Location

  • County: Miami-Dade County

Structural Information

  • Detached/Attached: Detached
  • Building Size: 3661

Lot Features

  • Lot Size (Sq. Ft.): 13,500
  • Zoning: 3900

Disclosures and Reports

  • Special Conditions: Sale
  • Legal Description: TOWN OF HIALEAH PB 5-77 S85FT OF LOT 21 BLK 17 LOT SIZE 4250 SQ FT OR 15072-3078 0691 2 (2)
  • Property ID: 04-31-18-001-2161

Listed by Fausto Commercial Realty Consultants Inc

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Listing agent

— 131 W 5St —

  • Fausto Commercial Realty Consultants Inc

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 131 W 5St

School District:Dade County School District
NameGradesDistance
Miami Springs Elementary School
51 Park Street, Miami Springs, FL 33166
PK-50.3 mi
Miami Springs Middle School
150 South Royal Poinciana Boulevard, Miami Springs, FL 33166
6-81.1 mi
Westland Hialeah Senior High School
4000 West 18th Avenue, Hialeah, FL 33012
9-123.1 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 131 W 5St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
5/11/2026
Listed
$4,900,000
-18.33%
MLS
3/15/2018
Sold
$6,000,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 131 W 5St

Year
Property Taxes
Change
Tax Assessment
Change
2025
$14,468
10%
$1,000,000
10%
2024
$13,137
13%
$906,693
19%
2023
$11,617
26%
$762,911
56%
2022
$9,192
1%
$490,000
—
2021
$9,074
6%
$490,000
—
2020
$8,592
17%
$490,000
29%
2019
$7,362
5%
$380,000
3%
2018
$7,005
4%
$370,000
3%
2017
$6,762
6%
$360,000
14%
2016
$6,364
11%
$316,800
10%
2015
$5,736
-2%
$288,000
—
2014
$5,848
—
$287,902
—
2013
$5,860
—
$287,946
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Estimate the Cost for 131 W 5St

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*These costs are estimates, and the interest rates assume exceptional credit standing.

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Listed by Fausto Commercial Realty Consultants Inc

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Price Reduced near 131 W 5St

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131 W 5St, Hialeah, FL 33010 (MLS# A12016594) is a Commercial Multi-Family property. 131 W 5St is currently listed for $4,900,000 and was received on May 11, 2026. Want to learn more about 131 W 5St? Do you have questions about finding other Commercial Multi-Family real estate for sale in Hialeah? You can browse all Hialeah real estate or contact a Coldwell Banker agent to request more information.

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