2 Nd Addn To Baracoa

Highlights:

• Lot Features: 1/4 To Less Than 1/2 Acre Lot
• Building Features: Laundry Facility
• Documents Available: Rent Rolls
• Architectural Style: Attached
• Cooling: Ceiling Fan(s), Central Air
• Heating: Central
• Flooring: Tile
• Construction Materials: CBS Construction

Description:

This well-maintained 14-unit multifamily property offers investors a substantial rental asset in the desirable Hialeah/Miami Lakes submarket.

The property features ten spacious two-bedroom, one-and-a-half-bathroom residences and four three-bedroom, two-bathroom residences. Each unit is separately metered for electricity, while water is provided through a common meter. The large floor plans and practical configurations are well positioned in a market with strong demand for affordable rental housing.

The property is within walking distance of Bucky Dent Park, which features a public swimming pool, water park, skate park, baseball fields, and other community amenities. It is also near Westland Mall, an established retail destination planned for mixed-use redevelopment that may further enhance the surrounding area.

Located near the Palmetto Expressway (SR 826), I-75, Okeechobee Road (US 27), and the Florida Turnpike, the property provides convenient access to employment centers throughout Miami-Dade County. Its proximity to Medley and industrial and commercial corridors supports demand from the area’s growing workforce.

The Hialeah/Miami Lakes submarket is supported by established residential, retail, commercial, and light-industrial corridors. Lower housing costs than many Miami-area submarkets, limited rental vacancies, strong rents, and the continued affordability gap between renting and homeownership make this property a compelling long-term investment opportunity

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Listing ID: A12061086