$1,615,000

85 W 28th, Hialeah FL, 33010

Price per sqftN/A

Built in1971

Property typeCommercial

Courtesy of Saul Milian with RE/MAX United Realty

Overview

Active

Listed Jul 30, 2026

Updated 2 weeks ago

This well-maintained, 2-story building with 4,905 sq ft of living space sits on a 6,450 sq ft lot and was built in 1971. Key updates include a 1 year old roof, security cameras and impact windows. The property features a mix of four 1BD/1BA units and four 2BD/1BA units. It is 100% occupied on flexible month-to-month leases, offering an ideal opportunity for rent optimization in a market with consistent year-over-year growth. Annual Gross Income: $124,800 - Operating Expenses: $49,000 - Net Operating Income (NOI): $75,800 GRM 13.62 (4.69% cap rate at asking price) - Pro Forma Potential: Immediate 5-10% rent upside due to below-market rates and strong local demand. DO NOT DISTURB THE TENANTS.

Additional information

MLS^® ID: A12058410

Interior Features

Cooling: Yes
Basement: No

Exterior Features

Lot Size: 0.15 Acres

Other Property Details

Taxes: $13,920
Tax Frequency: Annually
Maintenance Expense: $6,000

Courtesy of RE/MAX United Realty, Saul Milian,
Listing Contact: 305-298-7079

Based on information from Martin County REALTORS of the Treasure Coast, Inc. (RAMC) as of 10/14/2026. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

Data last updated 6:47 AM UTC, 10/14/2026