85 W 28th Street
Hialeah, FL, 33010
$1,615,000
This well-maintained, 2-story building with 4,905 sq ft of living space sits on a 6,450 sq ft lot and was built in 1971. Key updates include a 1 year old roof, security cameras and impact windows. The property features a mix of four 1BD/1BA units and four 2BD/1BA units. It is 100% occupied on flexible month-to-month leases, offering an ideal opportunity for rent optimization in a market with consistent year-over-year growth. Annual Gross Income: $124,800 – Operating Expenses: $49,000 – Net Operating Income (NOI): $75,800 GRM 13.62 (4.69% cap rate at asking price) – Pro Forma Potential: Immediate 5-10% rent upside due to below-market rates and strong local demand.DO NOT DISTURB THE TENANTS.
Current real estate data for Commercial in Hialeah as of Nov 04, 2026
76
Commercial Listed
168
Avg DOM
$2,877,722
Avg List Price
Listing Provided Courtesy of RE/MAX United Realty at 305-575-2727
Property Details
Price:
$1,615,000
MLS #:
A12058410
Status:
Active
Beds:
0
Baths:
0
Type:
Commercial
Subtype:
Multi Family
Subdivision:
Hialeah
Neighborhood:
2310
Listed Date:
Jul 16, 2026
Total Sq Ft:
4,905
Lot Size:
280,962,000 sqft / 0.15 acres (approx)
Year Built:
1971
Schools
Interior
Cooling
Wall/Window Unit(s)
Flooring
Terrazzo
Heating
Window/Wall
Exterior
Construction Materials
Block
Parking Features
Assigned
Parking Spots
10
Parking Total
10
Security Features
Security System
Financial
Maintenance Fee
$6,000
Tax Year
2025
Taxes
$13,920
Map
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Community
- Address85 W 28th Street Hialeah FL
- CityHialeah
- CountyMiami-Dade
- Zip Code33010
Property Summary
- 85 W 28th Street Hialeah FL is a Commercial for sale in Hialeah, FL, 33010. It is listed for $1,615,000 To schedule a showing of MLS#a12058410 at 85 W 28th Street in Hialeah, FL, contact your Trust House Realty agent at 9543362003.
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