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292 W 39th Pl, Hialeah FL 33012
About this home
Discover this spacious and versatile property featuring 5 bedrooms and 3 full bathrooms, plus a detached 1-bedroom, 1-bath guest house offering excellent potential for rental income, extended family living, or a private home office. Adding even more value is a detached two-car garage, which offers outstanding potential for conversion into additional living space or an income-producing unit (subject to local zoning and permitting). Whether you're an investor or a homeowner looking to maximize the property's value, this unique feature provides exceptional flexibility. Designed with comfort and functionality in mind, this home offers bright, open living spaces that are perfect for everyday living and entertaining. Enjoy peace of mind with a brand-new roof, a high-efficiency air conditioning system, and natural gas service, providing energy efficiency, convenience, and long-term value. Situated on an oversized lot with rear street access, the property offers ample parking and easy access for vehicles, boats, RVs, or future expansion. The generous indoor and outdoor living areas create the perfect setting for family gatherings and weekend entertaining. Conveniently located in one of Hialeah's most desirable neighborhoods, just minutes from shopping, dining, schools, parks, and major highways, this home offers the perfect combination of space, versatility, and location.
Features
- First Floor Entry
- Entrance Foyer
- Attic
- Family Room
- Florida Room
- Maid/In-Law Quarters
- Recreation Room
- Utility Room/Laundry
- Barbeque
- Built-In Grill
- Lighting
- Fruit Trees
- Room For Pool
- Garden
Location
Approximate — shows the building, not the unit. Open in maps (opens in a new tab)
Estimated loan & HOA
Loan payment and HOA only. Property tax and insurance are significant here and are not included.
- Principal & interest
- $4,475
- HOA
- None
Illustration only — not a loan offer, quote, or commitment. Assumes a 30-year loan at 6.5% with 20% down (rates as of July 2026); your actual terms will differ.
Schedule a tour
Request a private or video tour with a local agent.
Run the numbers
We fill in the price and the building's HOA dues. That leaves rent, tax, insurance and maintenance — they depend on your exemptions, your insurer and the unit, so we don't guess them. Vacancy and the loan terms below start at common defaults; change them.
Enter rent, 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. 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.