925 E 29th St, Hialeah, FL 33013 — MLS photo

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925 E 29th St, Hialeah, FL 33013

Active · SingleFamilyResidence

$2,000,000

925 E 29th St, Hialeah, FL 33013

Beds
4
Baths
2
Living area
1,474 sq ft
$ / sq ft
$1,357/sq ft
Year built
1950
Lot size
8,280 sq ft
HOA fee
—
Annual tax
$1,836

About this property

Development Opportunity in The City of Hialeah home located within T.O.D. transit-oriented development Zone. Conveniently located near Tri Rail station and next to several undergoing future major breath-taking developments. Such as MG Developer future Metro Parc Hialeah three tower multi-family 10 story residential mix use apartment project with over 1,600 luxurious rental units. Strategic Properties & Continua Developments future Midtown Park 8 story residential apartment project with over 612 luxurious rental units. The Bec Group future 1025 Metro & 1067 Motion 10 story residential mix use apartment project with over 283 luxurious units. Lot size is 8,280 with great potential for growth Perfect for an investor looking to position themselves in a redeveloping city.

Property location

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925 E 29th St, Hialeah, FL 33013

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Facts & features

Interior

Bedrooms
4
Bathrooms
2
Living area
1,474 sq ft
Flooring
Tile
Appliances
Dryer, Dishwasher, Ice Maker, Microwave, Washer
Cooling
Central Air
Heating
Central
Interior features
Bedroom On Main Level, First Floor Entry

Exterior & Structure

Property type
SingleFamilyResidence
Year built
1950
Lot size
8,280 sq ft
Architectural style
Detached, One Story
Roof
Shingle
Construction
Block
Exterior features
Patio
Pool
None
View
None

Parking

Garage spaces
0
Covered spaces
0
Parking features
Circular Driveway, Driveway

HOA, Community & Financials

Annual tax
$1,836
Subdivision
HIALEAH 13 TH ADDN AMD PL
County
Miami-Dade
Days on market
826
MLS listing ID
A11454406
Listing status
Active

Investment intelligence

Yield & ROI calculator

Pre-filled from this listing's price, HOA and tax record. Adjust anything to see returns update instantly.

Estimated monthly cash flow

-$3,463

Cap rate
3.6%
Net yield
3.6%
Cash-on-cash return
-7.4%
Gross yield
4.9%
Mortgage payment
$9,481/mo
Down payment
$500,000
Loan amount
$1,500,000
Annual NOI
$72,216

Estimates only — includes 5% maintenance reserve and ~3% closing costs in cash invested. Verify taxes, HOA and insurance before making an offer.