715 W 29th StreetHialeah FLMLS Number B26007690

  • Price: $2,599,000
  • 95 Days on Market
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Federal 30-year interest rate: 6.49% last updated on Jun 25, 2026
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715 W 29th Street Hialeah FL715 W 29th Street Hialeah FL715 W 29th Street Hialeah FL715 W 29th Street Hialeah FL715 W 29th Street Hialeah FL715 W 29th Street Hialeah FL
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  • 0.15Acreage
  • 1968Year Built
Prime 8-Unit Multifamily Investment in Thriving Hialeah - Strong Cash Flow & Upside Potential! Seize this turnkey income producer at 715 W 29th St, Hialeah, FL 33012: a well-maintained 2-story, 5,332 sq ft apartment building on a 6,375 sq ft lot, built in 1968 with key updates including a 2019 roof, fully renovated bathrooms (last 3 years), and wall AC units in every apartment. Mix of 4 x 2BD/1BA and 4 x 1BD/1BA units, 100% occupied on flexible month-to-month leases, ideal for rent optimization in a market with YOY growth. Financial Highlights: Annual Gross Income: $171,120; Operating Expenses: $45,172; NOI: $125,948 (5% cap rate at asking price). Pro Forma Potential: Raise rents 5-10% immediately due to below-market rates and strong local demand. Located in Hialeah's vibrant core, minutes from major highways (I-95, Palmetto Expressway), Miami International Airport, and industrial hubs fueling job growth. No vacancies, deferred maintenance, or issues. Zero capex needs short-term. Perfect for 1031 exchanges, value-add plays, or long-term hold. Seller open to clean offers; quick close possible.
Listing by Savvy Avenue,LLC

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Ocean Estate Properties
Office: 561-504-9226
500 NE Spanish River Boulevard
Suite 104
Boca Raton, FL 33431

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Tax Information

  • Tax Legal Description INDUSTRIAL CENTER PB 14-81 LOT 23 BLK 17 LOT SIZE 6375 SQ FT OR 14005-3619 0289 1
  • Tax Year 2025
  • Taxes$18,742

Building

  • Building ConstructionBlock
  • Stories2
  • Units8
  • Year Built1968

Exterior

  • RoofShingle

Property Information

  • Acreage0.15
  • Lot Features City Lot, < 1/4 Acre
  • Property Condition Resale
  • Property Sub Type Additional Multi Family

Other

  • Date Listed03/27/2026
  • Documents Available Other
  • Possession Close Of Escrow
  • Special Listing Conditions Standard

Parking

  • Parking Features Accessible Parking, Common
  • Parking Total 2

Location

  • Address715 W 29th Street
  • Area2300
  • Building Number715
  • CountyMiami-Dade
  • StateFL
  • StreetW 29th Street
  • TownHialeah

Utilities

  • Electric Separate Meters
  • Heat SystemCentral, Individual
  • Heating YN Yes
  • Utilities Electricity Connected, Other
  • Waste Water DisposalPublic Sewer

Legal

  • Parcel Number 0430120020140
  • Universal Parcel Id urn:reso:upi:2.0:US:12025:0430120020140

Basic Information

  • List Price$2,599,000
  • MLS NumberB26007690
  • Modification Date03/29/2026
  • Property SubTypeMulti Family
  • Property TypeCommercial Sale
  • StatusACT
  • Virtual TourView Tour

Interior

  • Flooring Ceramic Tile, Tile

Amenities

  • Cooling Central Air
  • Cooling YN Yes
  • Security Features Smoke Detector(s)

Water Body

  • Water AccessPublic

Based on information submitted to BeachesMLS as of June 30, 2026 5:52 AM UTC . All data is deemed reliable but is not guaranteed accurate by the MLS. All information should be independently reviewed and verified for accuracy. IDX information is provided exclusively for consumers’ personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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