6305 W 22nd Ct, Hialeah, FL 33016

$4,340,000
12,894
SqFt

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List Price
$4,340,000
MLS
A12061086
Complex Name
2nd Addn To Baracoa
Status
ACTIVE
Type
Multifamily
Living Area
12,894

Property Description

This well-maintained 14-unit multifamily property offers investors a substantial rental asset in the desirable Hialeah/Miami Lakes submarket. The property features ten spacious two-bedroom, one-and-a-half-bathroom residences and four three-bedroom, two-bathroom residences. Each unit is separately metered for electricity, while water is provided through a common meter. The large floor plans and practical configurations are well positioned in a market with strong demand for affordable rental housing. The property is within walking distance of Bucky Dent Park, which features a public swimming pool, water park, skate park, baseball fields, and other community amenities. It is also near Westland Mall, an established retail destination planned for mixed-use redevelopment that may further enhance the surrounding area. Located near the Palmetto Expressway (SR 826), I-75, Okeechobee Road (US 27), and the Florida Turnpike, the property provides convenient access to employment centers throughout Miami-Dade County. Its proximity to Medley and industrial and commercial corridors supports demand from the area’s growing workforce. The Hialeah/Miami Lakes submarket is supported by established residential, retail, commercial, and light-industrial corridors. Lower housing costs than many Miami-area submarkets, limited rental vacancies, strong rents, and the continued affordability gap between renting and homeownership make this property a compelling long-term investment opportunity

Additional Information

Days on Market
0
Style
Quadruplex, Fourplex
Exterior Features
Balcony, Exterior Cat Walk
#Parking Spaces
24
Year Built
1989
Development Name
2nd Addn To Baracoa
#Stories
2
Construction Type
CBS Construction
Section
34

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Listing Courtesy of Sea Grove Realty, Contact: