1501 W 42nd St Hialeah, FL 33012

SOLD FOR
$5,750,000
$6,750,000 (14.8%)

Overview

  • Status: Closed
  • Bed(s) No info
  • Bath(s)
  • Half Bath(s) 0
  • Parking No info
  • Size: 19,600 ft2/1,820.90 m2
  • Price Per: $293.37 ft2/$3,157.78 m2
  • Type: Commercial/Investment
  • Built: 1987
  • HOA: No info
  • MLS Number: A11598443
  • View No info
  • On Site: 200 days
  • Updated: Listing Refreshed: 81 Days Ago

Eco Stone Group Investments is pleased to present a 20-unit multifamily property located at 1501 W 42 St, Hialeah, FL, 33012, in the heart of Hialeah, the largest epicenter for the Hispanic community. Its density and desirability have allowed for rapid growth in rents and capital appreciation for the area. The property is close to prime destinations like Miami International Airport, The Amelia Earhart Park, multiple supermarkets. The property features: - 20 separate units, each with 2 bedrooms and 1 bathroom (approximately 950 sq.ft.), which are larger than average. - Separate electric meters for each unit. - 80% of the units have been renovated. - A parking space for each unit. - On-site coin laundry facilities generating additional income.

Price History

DateEventPriceChange RatePrice Per
08/16/2024Sold$5,750,000.00$293.37 ft2/$3,157.78 m2
05/31/2024Price Reduced$5,750,000.0014.8%$293.37 ft2/$3,157.78 m2
05/31/2024Listed$6,750,000.00$344.39 ft2/$3,706.96 m2

Contact Information

Tracey Schmitt
Real Estate Advisor
Specialties:
Luxury Oceanfront Communities, Waterfront Single Family Homes
Memberships:
Master Brokers, Luxury Real Estate Marketing, Million Dollar Guild
Contact Advisor
We use cookies to ensure that we give you the best experience on our website.