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6305 W 22nd Ct, Hialeah FL 33016

Hialeah, FL 33016

$3,949,950

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Price
$3,949,950
Square feet
12,894
Property type
Quadruplex
Year built
1989
MLS number
A12061086

This listing is courtesy of Sea Grove Realty, 305-726-5818.

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About this property

This well-maintained 14-unit multifamily property offers investors a substantial rental asset in the desirable Hialeah/Miami Lakes submarket. The property features ten spacious two-bedroom, one-and-a-half-bathroom residences and four three-bedroom, two-bathroom residences. Each unit is separately metered for electricity, while water is provided through a common meter. The large floor plans and practical configurations are well positioned in a market with strong demand for affordable rental housing. The property is within walking distance of Bucky Dent Park, which features a public swimming pool, water park, skate park, baseball fields, and other community amenities. It is also near Westland Mall, an established retail destination planned for mixed-use redevelopment that may further enhance the surrounding area. Located near the Palmetto Expressway (SR 826), I-75, Okeechobee Road (US 27), and the Florida Turnpike, the property provides convenient access to employment centers throughout Miami-Dade County. Its proximity to Medley and industrial and commercial corridors supports demand from the area’s growing workforce. The Hialeah/Miami Lakes submarket is supported by established residential, retail, commercial, and light-industrial corridors. Lower housing costs than many Miami-area submarkets, limited rental vacancies, strong rents, and the continued affordability gap between renting and homeownership make this property a compelling long-term investment opportunity

Details

Property type
Quadruplex
Year built
1989

Location

Listing information is deemed reliable but is not guaranteed accurate by MIAMI REALTORS®.

Newmar Brokerage, LLC

6305 W 22nd Ct, Hialeah FL 33016 | Newmar Brokerage, LLC