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179 W 9th St, Hialeah FL 33010

Commercial Sale

179 9th St

Hialeah, FL 33010

ML#:A11729702
List Price:$2,999,000
Status:Closed
Days on Market:27
Listing Brkr:Douglas Elliman
Subdivision:
Bedrooms:0
Baths:0
SqFt (Liv):
Lot Size:20250 sqft
Year Built:1954
Stories:1

General Information

Type Property:Commercial Sale
Style:Income/MultiFamily
Pool:
Garage Spaces:0
Parking:

Location Information

County:Miami-Dade County
Zip:33010
Subdivision:
Latitude:25.830095
Longitude:-80.285024

Additional Features

Construction:Concrete Block Construction, CBS Construction
Waterfront:No

Financial Information

Annual Taxes (2024):$24,561
Days on Market:27

Remarks

This 14-unit multi-family building is located in one of the best areas in West Hialeah. The property is in excellent condition with long-standing tenants, fully occupied. There are nine 1-bedroom units and 5 studio units. The 50-year Recertificatioon was passed and completed in 2024. Potential to increase monthly rental rates to market rents which indicate should be $1,750 per month for 1-bedrooms and $1,350 per month for studios. There is extremely low turnover and almost no vacancy on this property. Utility room onsite where a Washer/Dryer are located and currently collecting rent, about $70 per month. All units have separate electric meters.

Listing Agent

David Vazquez

Douglas Elliman

IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.

Prepared by Rangely Adames · Sunland Group · Licensed FL Real Estate Sales Associate · rangelyadames.com · (954) 833-0020

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