About Nw 5th Street
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.
Features of Nw 5th Street
| MLS® # | A12066819 |
|---|---|
| Price | $5,000,000 |
| Acres | 1.20 |
| Type | Land / Boat Docks |
| Sub-Type | Unimproved Land |
| Status | Active |
Community Information
| Address | Nw 5th Street |
|---|---|
| Area | 2410 |
| Subdivision | TOWN OF HIALEAH FLA |
| City | Hialeah |
| County | Miami-Dade |
| State | FL |
| Zip Code | 33010 |
| HOPA | No Hopa |
Amenities
| Utilities | Electricity Available, Phone Available, Sewer Available, Water Available |
|---|---|
| Is Waterfront | No |
School Information
| Elementary | Kensington Park |
|---|---|
| Middle | Citrus Grove |
| High | Miami |
Additional Information
| Zoning | 3900 |
|---|---|
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Office | The Canero Group |
|---|