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Executive Summary

This is a prime income-producing property with flexible financing terms – perfect for investors looking for a high-potential asset in a growing market. Open to seller financing.
Building Size: 9,474 sqft
Lot Size: 6,750 sqft
Stories: 2
Corner Lot: Maximum visibility and accessibility
Unit Breakdown:
43 units with shared bathrooms
9 units with private bathrooms
1 two-bedroom apartment with full kitchen & bathroom

Attachments

IMG_0723

Property Facts

Price $11,642,535 CAD
Price Per Unit $219,670 CAD
Sale Type Investment
Sale Condition 1031 Exchange
No. Units 53
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 0.15 AC
Building Size 9,926 SF
No. Stories 2
Year Built 2022
Parking Ratio 0.45/1,000 SF
Opportunity Zone Yes
Zoning 6100 - Industrial

Amenities

Unit Amenities

  • Cable Ready
  • Microwave
  • Refrigerator
  • Tub/Shower
  • Wi-Fi
  • Window Coverings

Site Amenities

  • Controlled Access
  • Laundry Facilities
  • Tenant Controlled HVAC
  • Smoke Free
  • Smoke Detector

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
Studios 43 - 300
1+1 9 - 500
2+1 1 - 700
Very walkable
80/100
Moderately drivable
60/100
Some public transit
50/100
Fairly bikeable
40/100

Property Taxes

Property Taxes

Parcel Number
04-3118-001-2200
Land Assessment
$511,397 CAD
Improvements Assessment
$1,692,603 CAD
Total Assessment
$2,204,000 CAD
  • Listing ID: 38989576

  • Date on Market: 2026-01-06

  • Last Updated:

  • Address: 508 W 1st Ave, Hialeah, FL 33010

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