New Construction
Address
101 W 11th St, Hialeah, FL
Price
$ 2,800,000
Property Attributes
  • MLS#A11449834
  • TypeIncome
  • CountyMIAMI-DADE
  • CityHialeah
  • Area31
  • NeighborhoodCasa Perla
  • Zip33010
  • StyleFourplex
  • Year Built1956
  • Taxes$ 19836
  • Price$ 2,800,000
  • Bedrooms10
  • Full Bathrooms10
  • Half Bathrooms0
  • Sqr Footage5921
Data Source:
Southeast Florida MLS (SEFMLS)
Property Description

Alerio Group is proud to exclusively bring 101 W 11 St. in Hialeah to market. This meticulously maintained 9-unit boutique multifamily is comprised of 2x 2/1 units (@ $2500 & $2100) & 7x 1/1 units (@ $1450-1700). This Premium Class B building has impact windows, a new roof, central AC in all units, 11 parking spaces and additional street parking, an enclosed courtyard, and coin-operated (2x) washers & (2x) dryers. Solid, Long-term tenants make this building easy to own & manage. Room to raise rents. AirBnB ready. Hialeah is one of the best rental markets in the nation. Real estate investments in the multifamily asset class perform well during inflationary periods and serve as an excellent diversification tool for any investment portfolio.

Price History
11/9/2023 Listed $2,800,000

General Features

Sewer PublicSewer
Heating Central
Cooling CentralAir
Utilities CableAvailable
Possession CloseOfEscrow
Roof Shingle
Exterior Features Fence,Porch,Shed,SecurityHighImpactDoors
Patio/Porch Features Open,Porch
Architectural Style Fourplex
Pool Features None
Construction Materials Block
Year Built 1956
Stories 1
Levels One
Property SubType Quadruplex
Tax Year 2022
Community Features LaundryFacilities
County Miami-Dade County
Net Operating Income 151279.0
Operating Expense 40921.0
New Construction No
Property Type ResidentialIncome
HOA / Comm Assn No
Attached Garage No
Subdivision Name Casa Perla
Garage Y/N No
Rent Includes Gardener,PestControl,TrashCollection
Special Listing Conditions ListedAsIs
Status Active
Directions Kindly use the navigation system to locate the property.
City Hialeah
Buyer Agent Compensation 3%
View Y/N No
Senior Community Y/N No
Zoning Description 4600
MLS Area 31
Private Pool No
Waterfront Y/N No
Carport Y/N No
Street Name 11th St
Listing Terms Cash,Conventional
Property Attached Y/N No
Year Built Details New Construction
Land Lease Y/N No
Tax Annual Amount 19836.0
Home Warranty Y/N No
Property Condition UpdatedRemodeled
Lease Renewal Y/N No
MLS Area Minor Other Geographic Area (Out Of Area Only)
Additional Parcels Y/N No
Lease Considered Y/N No
Rent Control Y/N No
Virtual Tour https://www.propertypanorama.com/instaview/mia/A11449834
Days on Market 40
Standard Status Active
Occupancy Description Tenant
Total Actual Rent 191400.0
Property Sub Type Additional Quadruplex
MobileHomeRemainsYN No
PostalCity Hialeah
Legal Description HIALEAH STUDIO ADD PB 9-5 LOTS 13 & 14 BLK 53 LOT SIZE 100.000 X 135 OR 20813-4311 1002 6(4)

Interior Features

Flooring Terrazzo
Basement (Y/N) No
Air Conditioning Y/N Yes
Heating Y/N Yes
Window Features ImpactGlass
Fireplace Y/N No
Electric On Property Y/N No
LivingAreaSource Plans

Exterior Features

Lot Features Item14to12AcreLot,SprinklersManual
Water Source Public
Total Parking 11.0
Spa No
Building Area Total 5921.0
Lot Size Units SquareFeet
Covered Spaces 0.0
Crops Included Y/N No
Open Parking Y/N No
Horse Y/N No
Irrigation Water Rights Y/N No

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Income Average in 33010

Price
AVG $1.24M
$2.8M
Taxes
AVG $7,900
$19,836
Visits
AVG 86
239
Data Provided by Inside Real Estate®
Year Built
AVG 1954
1956
Walkscore
AVG 68
64
Data Provided by Walkscore® not using MLS data

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