Hialeah Multi-Family Development Site — Sale in Hialeah, FL

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Commercial Land
  • Location: Hialeah, FL 33010

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Description

Marcus & Millichap is pleased to present for sale, Hialeah Multifamily Development Site a rare 1.14 acre TOD zoned opportunity in the heart of Hialeah, Florida. Investment Highlights: • Rare 1.14-Acre TOD-Zoned Development Site in the Heart of Hialeah With a Maximum Permitted Density of 125 Units per Acre, Providing the Potential to Accommodate up to 142 Residential Units • The Property's Transit-Oriented Development District Zoning Leverages Its Proximity to the Hialeah Market Tri-Rail Station, Permitting Greater Residential Density Than Conventional Multifamily Zoning • Existing Site Plan History and Prior Municipal Approvals Significantly Reduce Entitlement Risk and Can Accelerate the Development Timeline for a Future Multifamily Project • Adjacent to Miami International Airport, Doral's Corporate Office Market, and Major Logistics, Distribution, and Healthcare Employment Centers, Driving Long-Term Apartment Demand

Market Context

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