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Single Family Residence
$999,900$304 / sqft
5840 W 3rd Ln, Hialeah FL 33012
Listed
4
Bedrooms
4
Bathrooms
3,291 sqft
Interior
1986
Year built
None
HOA
Single Family Residence
Type
About this home
Excellent opportunity to own a substantial two-story single-family residence in the Palm Springs area of Hialeah. This 4-bedroom, 4-bath home offers approximately 3,291 SF of living area on an oversized 8,463 SF lot, with approximately 3,875 SF of total building area. Built in 1986, the property features a spacious floor plan, concrete-block construction, tile/built-up roofing, and a private pool. The generous lot and expansive interior provide plenty of potential for an owner-user, investor, or buyer looking to renovate and customize the property to their vision. Conveniently located near major roadways, shopping, dining, schools, and everyday amenities. Sold as-is. Bring your vision and take advantage of the size, lot, and location this property has to offer.
Features
- First Floor Entry
- Closet Cabinetry
- Volume Ceilings
- Walk-In Closet(s)
- Garage Apartment
- Garage Converted
- Lighting
- Open Balcony
- Pool
Location
Approximate — shows the building, not the unit.
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 4-bed rentals across Miami-Dade, from 200 active listings; the middle half ask $3,800–$9,500.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.