22-Unit Apartment Building For Sale in Hialeah, FL | 465 E 30th St ($4,950,000)

Prime Hialeah Multifamily Value-Add Opportunity: 22-Unit Apartment Building at 465 E 30th Street

Offering an extraordinary value-add opportunity with 100% month-to-month leases and below-market rents in one of South Florida’s tightest rental markets, 465 E 30th Street, Hialeah, FL 33013 presents a premier commercial acquisition for real estate investors. Offered at $4,950,000 ($225,000 per unit), this 22-unit two-story apartment community totals 12,372 square feet situated on a 0.38-acre (16,440 SF) lot in the heart of Hialeah.

Featuring a high-demand unit mix composed of 14 one-bedroom / one-bathroom units and 8 two-bedroom / one-bathroom units, an updated 2018 roof replacement, and 32 on-site parking spaces, this asset provides immediate cash flow with significant upside through strategic rent optimization and cosmetic capital improvements.

Commercial Property Facts & Key Financial Breakdown

• Offering Price: $4,950,000

• Price Per Unit: $225,000 / Unit

• Total Units: 22 Units (14 One-Bed / One-Bath & 8 Two-Bed / One-Bath)

• Property Type: Commercial Multifamily / Low-Rise Apartment Building (Class C)

• Total Building Size: 12,372 SF

• Lot Size: 0.38 Acres / 16,440 SF

• Year Built: 1968 (Substantially Maintained Structural & Capital Upgrades)

• Key Upgrades: Full Roof Replacement Completed in 2018

• Zoning Code: R-3 (Multiple-Family District – City of Hialeah)

• Lease Structure: 100% Month-to-Month Leases (Immediate Upside Realization)

• Parking Capacity: 32 On-Site Surface Parking Spaces (2.59 / 1,000 SF Ratio)

• Property Status: Active Commercial Investment Sale

High-Demand Unit Mix & Substantial Value-Add Upside

Engineered for optimal tenant retention and revenue growth:

• In-Demand Workforce Unit Mix: Consists of 14 functional 1-bedroom/1-bathroom layouts and 8 spacious 2-bedroom/1-bathroom units, perfectly suited for local families and workforce tenants in Hialeah.

• Month-to-Month Leasing Flexibility: All 22 tenants are currently on month-to-month leases, giving new ownership total flexibility to implement unit renovations, increase rents to full market rates, or reposition the tenant base without waiting for long-term lease expirations.

• Capital Expense Mitigation: A complete roof replacement in 2018 drastically reduces near-term CapEx requirements, allowing focus on interior upgrades (granite counters, vinyl plank flooring, updated appliances) to capture premium market rents.

• Ample Off-Street Parking: Features 32 dedicated parking spaces for residents and guests, a major operational advantage in densely populated Hialeah.

Strategic Central Hialeah Location & Connectivity

Positioned in one of Miami-Dade County's top employment and industrial corridors:

• Immediate Access to Transport & Transit: Located blocks from major thoroughfares including E 4th Avenue, E 8th Avenue, Okeechobee Road (US-27), and the Hialeah Metrorail/Tri-Rail transfer stations.

• Proximity to Key Regional Employers: Minutes from Hialeah Hospital, Westland Mall, the Amelia District, major industrial parks, and Miami International Airport (MIA).

• Robust Rental Fundamentals: Hialeah consistently boasts one of the lowest residential vacancy rates and highest rental demands in all of Greater Miami.

Whether you are seeking a value-add multifamily investment under $230k per unit in Miami-Dade County, an asset with 100% month-to-month lease flexibility, or a high-performing property with a 2018 roof at 465 E 30th Street, this property delivers scale, location, and exceptional income upside.