This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/1
985-987 SE 1st St, Hialeah, FL 33010
$605,000
985-987 SE 1st St, Hialeah, FL 33010View this property at 985-987 SE 1st St, Hialeah, FL 33010
985-987 SE 1st StHialeahFL33010
This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/1
Property Description
Introducing a Hialeah gem! This duplex, situated at the end of a cul-de-sac, awaits your vision. Unit 1 offers 2 bedrooms and 1 bathroom, while Unit 2 boasts 3 bedrooms and 2 bathrooms, both currently leased below market value. Huge upside potential: These units are ready for your creative touch, offering the potential to unlock their true value. With market rents in the area soaring to $2,400 for the 2/1 and $3,200 for the 3/2, your investment possibilities are limitless. Estimated pro-forma cap rate of 8-10%. Whether you're a seasoned investor looking to maximize rental income or a homeowner seeking additional income from one of the units, this property fits the bill perfectly.
Full Property Details
Full Property Details for 985-987 SE 1st St
General
- Sold For: $605,000
- Taxes: $6,491 (2022)
- Status: Closed
- Type: Duplex
- MLS ID: A11472274
- Added to Site: 231 day(s) ago
Rental Information
- Rent Includes: None
Interior
- Flooring: Tile
Parking
- Total Spaces: 4
Location
- Area: Hialeah 54th Street Addn
- County: Miami-Dade County
- Subdivision: HIALEAH 54TH STREET ADDN
- Building Name: HIALEAH 54TH STREET ADDN
Community
- Community Name: Hialeah 54th Street Addn
- Units Assoc/Comm: 2
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Ceiling Fan(s), Central Air, Electric
- Heating Type: Central, Electric
Utilities
- Sewer: Public Sewer
Structural Information
- Architectural Style: Other
- Structure Type: Duplex
- Detached/Attached: Detached
- Construction: CBS Construction
- Roof: Shingle
- Stories/Levels: 1
- Building Size: 2169
- Square Feet: 2,012
- Living Area: 2,012 Sq. Ft.
- Year Built: 1958
Unit Information
- Units in Complex: 2
Lot Features
- Lot Features: Less Than 1/4 Acre Lot
- Potential Use: Investment
- Zoning: 5400
Financial Considerations
- Price Per Sq. Ft.: $300.7
- Tax Amount: $6,491
- Tax Year: 2022
- Terms: All Cash, Conventional
Disclosures and Reports
- Buyer’s Brokerage Compensation: 3%
- Documents Avail.: None
- Legal Description: 20 53 41 54TH ST ADDN TO HIALEAH PB 67-61 LOT 4 LOT SIZE 65.940 X 96 OR 12681-2613 1085 4 COC 26217-1818 02 2008 5
- Property ID: 04-31-20-041-0040
Listed by Compass Florida, LLC.
Sold by Prestige Luxury Realty LLC
Get Pre-Approved Today
Schools
Schools serving 985-987 SE 1st St
Rating | Name | Grades | Distance |
---|---|---|---|
550 E 8th St, Hialeah, FL 33010 | PK-5 | 0.7 mi | |
5160 Nw 31st Ave, Miami, FL 33142 | PK-5 | 0.9 mi | |
265 E 5th St, Hialeah, FL 33010 | PK-5 | 1 mi | |
150 S Royal Poinciana Blvd, Miami Springs, FL 33166 | 6-8 | 0.9 mi | |
4899 Nw 24th Ave, Miami, FL 33142 | 6-8 | 1.6 mi | |
Phoenix Academy Of Excellence - Central
7900 Nw 27th Ave, Miami, FL 33147 | 6-8 | 2.1 mi | |
George T. Baker Aviation School
3275 Nw 42nd Ave, Miami, FL 33142 | 10-12 | 1.3 mi | |
7900 Nw 27th Ave F20, Miami, FL 33147 | 9-12 | 2 mi | |
751 Dove Ave, Miami Springs, FL 33166 | 9-12 | 2.1 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 985-987 SE 1st St
Date
Details
Price
Change
Source
3/11/2024
Sold
$605,000
2.72%
MLS
10/19/2023
Listed
$589,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
985-987 SE 1st St, Hialeah, FL 33010 (MLS# A11472274) is a Duplex property that was sold at $605,000 on March 11, 2024. Want to learn more about 985-987 SE 1st St? Do you have questions about finding other Duplex real estate for sale in Hialeah? You can browse all Hialeah real estate or contact a Coldwell Banker agent to request more information.