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$7,500,000 Just Listed
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Property Description
This is a prime income-producing property with flexible financing terms - perfect for investors looking for a high-potential asset in a growing market. Open to seller financing.
Full Property Details
Full Property Details for 508 W 1st Ave
General
- Price: $7,500,000
- Status: Active
- Type: Apartment
- Source: Greater_Miami
- MLS ID: A11964549
- Updated: 2/19/2026
- Added to Site: 1 day(s) ago
Business
- Business Type: Commercial/Residential Income, Hotel/Motel, Apartmen
Location
- County: Miami-Dade County
Community
- Units Assoc/Comm: 53
Structural Information
- Detached/Attached: Detached
- Building Size: 9474
- Year Built: 1935
Unit Information
- Units in Complex: 53
Lot Features
- Lot Size (Sq. Ft.): 6,750
- Zoning: 6100
Financial Considerations
- Terms: All Cash, Secondary Financing
Disclosures and Reports
- Special Conditions: Sale
- Legal Description: TOWN OF HIALEAH PB 5-77 LOT 13 BLK 17 LOT SIZE 50.000 X 135 OR 17714-3889 0497 1 COC 24623-1661 05 2006 1
- Property ID: 04-31-18-001-2200
Listed by Lifestyle International Realty
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Schools
Schools serving 508 W 1st Ave
School District:Dade County School District
| Name | Grades | Distance |
|---|---|---|
Miami Springs Elementary School 51 Park Street, Miami Springs, FL 33166 | PK-5 | 0.3 mi |
Miami Springs Middle School 150 South Royal Poinciana Boulevard, Miami Springs, FL 33166 | 6-8 | 1 mi |
Westland Hialeah Senior High School 4000 West 18th Avenue, Hialeah, FL 33012 | 9-12 | 3.1 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 508 W 1st Ave
Date
Details
Price
Change
Source
2/19/2026
Listed
$7,500,000
733.33%
MLS
5/23/2006
Sold
$900,000
—
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 508 W 1st Ave
Year
Property Taxes
Change
Tax Assessment
Change
2025
$29,835
—
$1,600,000
—
2024
$29,862
3%
$1,600,000
—
2023
$28,991
19%
$1,600,000
23%
2021
$24,406
-5%
$1,300,000
-8%
2022
$25,816
3%
$1,410,000
-15%
2021
$25,057
-10%
$1,660,000
27%
2019
$27,815
24%
$1,304,513
10%
2018
$22,453
-1%
$1,185,921
-13%
2017
$22,711
7%
$1,370,000
40%
2016
$21,287
13%
$980,100
10%
2015
$18,843
15%
$891,000
10%
2014
$16,452
4%
$810,000
5%
2013
$15,771
—
$775,000
—
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 508 W 1st Ave
508 W 1st Ave, Hialeah, FL 33010 (MLS# A11964549) is a Apartment property. 508 W 1st Ave is currently listed for $7,500,000 and was received on February 19, 2026. Want to learn more about 508 W 1st Ave? 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.

