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 Hialeahs Neighborhood Business District overlay and Floridas 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 co...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 Hialeahs Neighborhood Business District overlay and Floridas 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.
View MoreCourtesy of
Agency Name: The Canero Group
Agent Name: Mary Arbelaez
Agency Phone: 305-444-5004
Presented by
Agent Name: Alison McShea
Agent Phone: 772.291.0877
Agency Title: Illustrated Properties
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Nw 5th St , Hialeah, FL 33010.
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