Multi-Family
Hialeah Multi-Family Development Site
955 SE 12th Street, Hialeah, FL 33010
Listing Price: $6,100,000
Lot Size
1.14 acres
Price/Acre
$5,350,877
Land Type
Land
Investment Overview
Marcus & Millichap is pleased to present for sale, Hialeah Multifamily Development Site a rare 1.14 acre TOD zoned opportunity in the heart of Hialeah, Florida.
Investment Highlights
- Rare 1.14-Acre TOD-Zoned Development Site in the Heart of Hialeah With a Maximum Permitted Density of 125 Units per Acre, Providing the Potential to Accommodate up to 142 Residential Units
- The Property's Transit-Oriented Development District Zoning Leverages Its Proximity to the Hialeah Market Tri-Rail Station, Permitting Greater Residential Density Than Conventional Multifamily Zoning
- Existing Site Plan History and Prior Municipal Approvals Significantly Reduce Entitlement Risk and Can Accelerate the Development Timeline for a Future Multifamily Project
- Adjacent to Miami International Airport, Doral's Corporate Office Market, and Major Logistics, Distribution, and Healthcare Employment Centers, Driving Long-Term Apartment Demand
Listing Price: $6,100,000
Lot Size
1.14 acres
Price/Acre
$5,350,877
Land Type
Land
Investment Highlights
- Rare 1.14-Acre TOD-Zoned Development Site in the Heart of Hialeah With a Maximum Permitted Density of 125 Units per Acre, Providing the Potential to Accommodate up to 142 Residential Units
- The Property's Transit-Oriented Development District Zoning Leverages Its Proximity to the Hialeah Market Tri-Rail Station, Permitting Greater Residential Density Than Conventional Multifamily Zoning
- Existing Site Plan History and Prior Municipal Approvals Significantly Reduce Entitlement Risk and Can Accelerate the Development Timeline for a Future Multifamily Project
- Adjacent to Miami International Airport, Doral's Corporate Office Market, and Major Logistics, Distribution, and Healthcare Employment Centers, Driving Long-Term Apartment Demand
Investment Overview
Marcus & Millichap is pleased to present for sale, Hialeah Multifamily Development Site a rare 1.14 acre TOD zoned opportunity in the heart of Hialeah, Florida.