NW 5th Street, Hialeah, FL 33010

$5,000,000
Property Type: Land & Docks Lot Size (sq. ft.): 4,250 Status: Active
Current Price: $5,000,000 List Date: 8/11/2026 Last Modified: 9/09/2026

Overview

Description

Income generating development opportunity, 6 folio assemblage totaling 1.3 acre (44,750 SF). Strategically located in Hialeah one block from Miami Springs. City and state incentives such as Hialeah’s Neighborhood Business District overlay and Florida’s Live Local Act can apply on this property. Property currently features 10 income producing units with a monthly cash flow of $14,200. Along with an additional 12 units that brings in $12,000 a month. This allows the developer to collect income to cover costs while developer is going through the entitlement and planning stages for future development. Seller will also consider a Joint Venture with any builder that has a vision.

Listing Details MLS# A12066819

General Property Information

Property Sub Type
Unimproved Land
Lot Size Acres
1.2
Lot Size Square Feet
4250
Lot Size Dimensions
44750
LP/SqFt
1176.47

Property Features

Comprehensive Plan Use: Intensive Development; Other Current Use: Multi-Family; Unimproved Environmental Audit: None Location of Property: City Location; Near Airport Possession: Negotiable Possible Use: Commercial Special Information: City Jurisdiction Utilities: Electricity Available; Phone Available; Sewer Available; Water Available Road Frontage Type: Public Road Road Responsibility: Public Maintained Road Water Source: Public Showing Requirements: Call Listing Agent; Showing Service Acreage Description: 1 To Less Than 2 Acre Lot; 2 To Less Than 3 Acre Lot

Contract Information

Comp Sale YN
No
Original List Price
5000000
LP/Acre
4166666.67

Location and Legal

Country
United States
County Or Parish
Miami-Dade
County Parish Name
Miami-Dade
Street Direction Prefix
NW
Street Name
5th
Street Suffix
Street
City Name
Hialeah
Municipal Code
4
State Or Province
FL
Postal Code
33010
Postal Code +4
0000
Postal Zip
33010
Subdivision Name
TOWN OF HIALEAH FLA
Area
2410
Elementary School
Kensington Park
Middle Or Junior School
Citrus Grove
High School
Miami
Parcel Number
0431180012161
Subdivision Number
Yes
Zoning
3900
Flood Zone
AH
Directions
Use your favorite GPS app.

Financial Information

Tax Year
2025
Tax Annual Amount
54272
Tax Legal Description
TOWN OF HIALEAH PB 5-77 S85FT OF LOT 21 BLK 17 LOT SIZE 4250 SQ FT OR 15072-3078 0691 2 (2)

Status Change Information

Major Change Timestamp
2026-08-11T04:00:00Z
Major Change Type
New Listing
Status Change Date
2026-08-11

More Information

Income and Expenses

Gross Scheduled Income
158200

Price Calculations

Current Price To SqFt
95.65

Section Details

Parcel Number MLX
2161

Originating Details

Originating System Key
541965662
Originating System ID
M00000151
IDX
Listing Office: The Canero Group
Source MLS Verified
Last Updated: September - 09 - 2026
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