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Single Family Residence
$2,000,000$1,290 / sqft
864 E 29th St, Hialeah FL 33013
Listed
3
Bedrooms
1
Bathrooms
1,550 sqft
Interior
1963
Year built
None
HOA
Single Family Residence
Type
About this home
Development opportunity in the city of Hialeah, located within a TOD (Transit-Oriented Development) Zone. Conveniently located near the Tri-Rail Station and next to several major future developments currently underway, such as MG Developer and Baron Property Group’s Metro Park Hialeah — a three-tower, 10-story multifamily mixed-use apartment project with over 1,600 luxury rental units. Also nearby is Strategic Properties and Continua Development’s future Midtown Park — an 8-story residential apartment project with over 612 luxury rental units. This opportunity is intended only for serious investors looking to strategically position themselves in a rapidly redeveloping city.
Features
- First Floor Entry
- Other
- Barbeque
- None
Location
Approximate — shows the building, not the unit. Open in maps (opens in a new tab)
Estimated loan & HOA
$10,113
Loan payment and HOA only. Property tax and insurance are significant here and are not included.
- Principal & interest
- $10,113
Run the numbers
We fill in the price and the building's HOA dues. That leaves tax, insurance and maintenance — they depend on your exemptions, your insurer and the unit, so we don't guess them. Rent starts from what comparable units are asking nearby. Vacancy and the loan terms below start at common defaults; change them.
Median asking rent for 3-bed rentals across Miami-Dade, from 200 active listings; the middle half ask $3,200–$5,000.That is what landlords ask, not what units let for — edit it if you know better.
Our default, not a market figure
From the listing
Depends on assessed value & exemptions
Varies widely by building
Repairs, turnover, management
Cap rate
Cash-on-cash
Monthly cash flow
Net operating income
Enter property tax, insurance, maintenance to see the returns. A cap rate calculated without every cost overstates the deal — often by half — so we don't show a partial one.
Illustration only — not a loan offer, quote, or investment advice. We are not a lender and neither offer nor arrange financing. The loan fields start at 20% down over 30 years at 6.5% (rates as of July 2026); that is a nominal rate for illustration, not an APR, and your actual terms will differ. Cap rate is unlevered; cash-on-cash counts the down payment as invested capital and excludes closing costs.
Listing data from the MIAMI Association of REALTORS® (MIAMIRE) IDX program. Information deemed reliable but not guaranteed. Demo data shown for layout purposes.