309 E 49th St, Hialeah, FL 33013 — MLS photo

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309 E 49th St, Hialeah, FL 33013

Active · SingleFamilyResidence

$1,900,000

309 E 49th St, Hialeah, FL 33013

Beds
5
Baths
3
Living area
1,204 sq ft
$ / sq ft
$1,578/sq ft
Year built
1954
Lot size
13,171 sq ft
HOA fee
—
Annual tax
—

About this property

Development play. Once in a lifetime opportunity to acquire 13,171 Sqft of irreplaceable realestate on 49th ST. Based off the Sqft you can build up to 30 apartment units. Ideal build would be mixed use, commercial on the bottom residential on top. CBS and producing $4850 in monthly income. Call to schedule appointment today.

Property location

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309 E 49th St, Hialeah, FL 33013

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Facts & features

Interior

Bedrooms
5
Bathrooms
3
Living area
1,204 sq ft

Exterior & Structure

Property type
SingleFamilyResidence
Year built
1954
Lot size
13,171 sq ft

Parking

Not provided in the MLS listing.

HOA, Community & Financials

County
Miami-Dade
MLS listing ID
A11958968
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

-$6,471

Cap rate
1.6%
Net yield
1.6%
Cash-on-cash return
-14.6%
Gross yield
4.7%
Mortgage payment
$9,007/mo
Down payment
$475,000
Loan amount
$1,425,000
Annual NOI
$30,434

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