For sale

$5,000,000

Est. $37,150/mo

Land

•

4,250

sq ft (lot)

NW 5th St, Hialeah, FL 33010

About this home

Income generating development opportunity, 6 folio assemblage totaling 1.3 acre (44,750 SF). Strategically located in Hialeah one block from Miami Springs. City and state incentives such as Hialeah’s Neighborhood Business District overlay and Florida’s Live Local Act can apply on this property. Property currently features 10 income producing units with a monthly cash flow of $14,200. Along with an additional 12 units that brings in $12,000 a month. This allows the developer to collect income to cover costs while developer is going through the entitlement and planning stages for future development. Seller will also consider a Joint Venture with any builder that has a vision.

Vacant landProperty Type

4,250 sq ftLot Size

$1,176Price/Sq.Ft.

Listed by Mary Arbelaez • The Canero Group

•786-624-0860 (agent)

•marysells305@gmail.com (agent)

•305-444-5004 (broker)

•jose@canerogroup.com (broker)

Listing updated: Sep 9, 2026 at 11:38pm

Redfin checked: 3 minutes ago

•Source:MARMLS #A12066819

Payment calculator

$37,150 per month

Principal and interest$27,627

Property taxes

$4,523

HOA dues

Home insurance

$5,000

Utilities

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Open houses

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Around this home

Schools

K - 12
Preschool & daycare

We couldn't find any schools that service this home or are within 5 miles of this home.

Provided by GreatSchools

About Hialeah

Acres

Hialeah Acres, located between Okeechobee Road and NW 103rd Street, is a industrial and residential Hialeah neighborhood with warehouse blocks and low-rise homes. The area reads as working streetscapes—wide arterials, loading bays, and small storefront strips—set against the flat South Florida grid. The neighborhood’s character concentrates around the NW 103rd St & W 4th Ave corridor, where auto shops, produce markets, and no-frills eateries keep the sidewalks in motion. Local pillars include El Palacio de los Jugos, Amelia Earhart Park’s bike trails and lakefront, and Hialeah Park Racing & Casino’s historic grandstand. Architecture leans practical: metal-roofed industrial buildings, fenced yards, and compact houses. Daily life centers on errands, workshops, and outdoor breaks in nearby parks.

Provided by Walk Score and Local Logic

Property details

Exterior
Finance

Exterior features
Property currently designated for commercial use
Unimproved land
Publicly maintained road access

Home design
Vacant commercial lot

Construction
Zoning code: 3900

Utilities
Electricity available
Phone service available
Sewer available
Public water available

Sale and tax history for NW 5th St

Sale History
Tax History

Public record

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Style

Vacant Land

County

Miami-Dade County

APN

04-31-18-001-2161

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Last updated by owner on Aug 11, 2026.

Climate risks

4/10 Flood Factor

Estimated 16-24% chance of a flood reaching the building in the next 30 years

1/10 Fire Factor

Unlikely to be in a wildfire in next 30 years

10/10 Heat Factor

7 days above 105° expected this year, 31 days in 30 years

10/10 Wind Factor

99% chance of strong winds in next 30 years

2/10 Air Factor

1 unhealthy days expected this year, 1 days in 30 years

Provided by First Street

Historical weather

Hialeah, FL • 33010

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Redfin Estimate for NW 5th St

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