265 E 7th St

Beds
Baths
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

This is a rare opportunity to acquire one apartment building of 8 units in Miami's fastest-growing neighborhood Hialeah. Situated in prime location, this property offers a lucrative investment opportunity with strong rental demand, stable cash flow and significant potential for future appreciation. Gross potential income over $140,000/year, an exceptional 10% gross ROI, a figure rarely seen in Miami's market ! Building is zoned R3D.This is a rare opportunity to acquire one apartment building of 8 units in Miami's fastest-growing neighborhood Hialeah. Situated in prime location, this property offers a lucrative investment opportunity with strong rental demand, stable cash flow and significant potential for future appreciation. Gross potential income over $140,000/year, an exceptional 10% gross ROI, a figure rarely seen in Miami's market ! Building is zoned R3D.
  1. Listed by Lina Mir Sportiello • JMK Real Estate Agents LLC
    P: (305)-930-1160 C: (305)-332-1977 linasportiello@gmail.com

Property Details for 265 East 7th Street

Area
31
Auction
No
LISTING UPDATED: 07/20/2024 10:33 AM

Property Details for 265 East 7th Street

StatusActive
MLS #A11589572
Days on Market709
Taxes$17,242 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeMulti Family
MLS TypeCommercial/Industrial / Income/Multi Family
Year Built1935
Lot Size0.31 AC / 13,400 SF
CountyMiami-Dade County

Location

Listing Courtesy of JMK Real Estate Agents LLC
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Building Information for 265 East 7th Street

Stories-Residences-Year Built1935Building Size-Lot Size0.31 AC / 13,400 SF

Payment Calculator

$9,494 per month

30 year fixed, 6.46% Interest

Principal and Interest

$8,057

Property Taxes

$1,437

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 265 East 7th Street

Location Information
Location Information
  • Parcel Number Free Text: 04-31-18-006-0700
  • Parcel Number MLX: 0700
  • MLS Area: 31
  • Municipal Code: 4
  • Township Range: 31
  • Section: 18
  • Subdivision Number: 6
  • Unit Count: 0
  • Zoning Information: 3900
General Information
General Information
  • Prop Type-Type of Building: Apartments
  • Building Sq Ft: 7,324
Additional Property Information
Additional Property Information
  • Guest Accommodations: No
Financial Information
Financial Information
  • Flood Zone: X

Property History for 265 East 7th Street

DateEvent & SourcePriceAppreciation
Jul 20, 2024

Price Change

MiamiRE #A11589572

$1,600,000
May 17, 2024

Listed (Active)

MiamiRE #A11589572

$3,100,000
Jul 14, 2023

Sold

MiamiRE #A11387147

$1,240,000
DateEvent & SourcePrice
07/20/2024

Price Change

MiamiRE #A11589572

$1,600,000
05/17/2024

Listed (Active)

MiamiRE #A11589572

$3,100,000
07/14/2023

Sold

MiamiRE #A11387147

$1,240,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 265 East 7th Street

Taxable ValueLand$330,750Additions$906,850Total$1,237,600
Tax Record2025$23,077 ($1,923 / month)
Home Facts
Total Finished SqFt3,996 SqFtAbove Grade Finished SqFt3,996 SqFtStories2Lot Size6,750 SqFtStyleMulti-Family Dwelling (2-4)Year Built1935Year Renovated1993Zoning3900:MULTI-FACountyMIAMI-DADEAPN04-3118-006-0700

Schools near 265 East 7th Street

This home is within Miami-Dade County Public Schools.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - PK to 8
Public - 6 to 8
Public - 9 to 12
Rating
School
Distance
South Hialeah Elementary School
PublicPK to 5

Miami Springs Middle School
Public6 to 8

Robert Morgan Voc-Tech Institute
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

Similar Sold Homes

265 East 7th Street is a multi-family home for sale in Hialeah, FL 33010. This property was listed for sale on May 17, 2024 by JMK Real Estate Agents LLC, it's currently listed at $1,600,000. It has been on the market for a total of 709 days and was last sold on July 14, 2023. This listing's school district is Miami-Dade County Public Schools. Nearby schools include South Hialeah Elementary School, Air Base K-8 Center for International Education and Miami Springs Middle School. 265 East 7th Street is a 0-bed, 0-bath, multi-family home built in 1935.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of JMK Real Estate Agents LLC

Based on information from one of the following Multiple Listing Services: Beaches Multiple Listing Service, Inc., Martin County REALTORS® of the Treasure Coast, Inc., Miami Association of REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Beaches Multiple Listing Service, Inc., Martin County REALTORS® of the Treasure Coast, Inc., Miami Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.