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265 E 7th St, Hialeah, FL 33010
$3,100,000
265 E 7th St, Hialeah, FL 33010View this property at 265 E 7th St, Hialeah, FL 33010
265 E 7th StHialeahFL33010
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Property Description
This is a rare opportunity to acquire two apartment buildings totaling 15 units in two of Miami's fastest-growing neighborhoods: Allapattah and Hialeah. Situated in prime locations, these properties offer a lucrative investment opportunity with strong rental demand, stable cash flow and significant potential for future appreciation. Gross potential income over $310,000/year, an exceptional 10% gross ROI, a figure rarely seen in Miami's market ! Allappattah building is zoned T4-R. Hialeah building is zoned R3D. The other building is located at 2130 NW 28 Ave Allappattah 33142.
Full Property Details
Full Property Details for 265 E 7th St
General
- Price: $3,100,000
- Taxes: $17,242
- Status: Active
- Type: Apartment
- MLS ID: A11589572
- Updated: 5/17/2024
- Added to Site: 21 day(s) ago
Business
- Business Type: Apartments
Location
- County: Miami-Dade County
Structural Information
- Detached/Attached: Detached
- Building Size: 7324
- Year Built: 1935
Lot Features
- Lot Size (Sq. Ft.): 13,400
- Zoning: 3900
Financial Considerations
- Tax Amount: $17,242
Disclosures and Reports
- Buyer’s Brokerage Compensation: 3%
- Special Conditions: Sale
- Legal Description: HIALEAH 4TH ADDN PB 7-83 LOT 16 BLK 33 LOT SIZE 50.000 X 135 OR 18876-4872 1199 1 COC 21552-2911 08 2003 1
- Property ID: 04-31-18-006-0700
Listed by JMK Real Estate Agents LLC
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Schools
Schools serving 265 E 7th St
School District:Miami-Dade County School District
Rating | Name | Grades | Distance |
---|---|---|---|
265 E 5th St, Hialeah, FL 33010 | PK-5 | 0.1 mi | |
12829 Sw 272nd St, Homestead, FL 33032 | PK-8 | 22.9 mi | |
150 S Royal Poinciana Blvd, Miami Springs, FL 33166 | 6-8 | 0.9 mi | |
751 Dove Ave, Miami Springs, FL 33166 | 9-12 | 1.1 mi | |
Robert Morgan Educational Center and Technical College
18180 Sw 122 Avenue, Miami, FL 33177 | 9-12 | 17.3 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 265 E 7th St
Date
Details
Price
Change
Source
5/17/2024
Listed
$3,100,000
100%
MLS
7/07/2023
Sold
$1,550,000
—
Public Record
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
Tax History for 265 E 7th St
Year
Property Taxes
Change
Tax Assessment
Change
2023
$17,242
19%
$1,183,792
31%
2022
$14,470
11%
$900,816
22%
2021
$13,007
—
$740,024
6%
2021
$13,007
15%
$699,373
33%
2019
$11,356
19%
$526,904
10%
2018
$9,536
7%
$479,004
-6%
2017
$8,881
5%
$511,578
29%
2016
$8,468
8%
$395,872
10%
2015
$7,860
18%
$359,884
10%
2014
$6,645
69%
$327,168
70%
2013
$3,921
—
$192,661
—
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
Estimate the Cost for 265 E 7th St
265 E 7th St, Hialeah, FL 33010 (MLS# A11589572) is a Apartment property. 265 E 7th St is currently listed for $3,100,000 and was received on May 17, 2024. Want to learn more about 265 E 7th St? Do you have questions about finding other Apartment real estate for sale in Hialeah? You can browse all Hialeah real estate or contact a Coldwell Banker agent to request more information.