765 W 23rd St Hialeah, FL 33010
3 Beds
2 Baths
2,561 SqFt
UPDATED:
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
Square Footage 2,561 sqft
Price per Sqft $585
Subdivision Seminola City Sec 2
MLS Listing ID A12122676
Style Other
Bedrooms 3
Full Baths 2
HOA Y/N Yes
Year Built 1937
Annual Tax Amount $18,609
Tax Year 2026
Lot Size 0.500 Acres
Property Sub-Type Single Family Residence
Property Description
The property is a value-add entitlement opportunity, with upzoning potential to Neighborhood Business District (NBD). NBD permits up to 70 units per acre and 5 stories, which supports approximately 33 units on this site, or a basis of about $45,455 per unit.
The site is offered as a covered land play. Existing improvements on the property allow a buyer to hold the land and help offset carrying costs while pursuing rezoning and site plan approvals. Investors and developers can bank a well-located, transit-oriented parcel today and position it for redevelopment as the corridor continues to densify.
The site sits in a transitioning corridor. Light industrial zoning borders it to the north. To the east is a ±265,000 SF Miami-Dade County School Board parcel, which is currently in the bidding process for potential redevelopment.
The property is 0.3 miles from Okeechobee Metrorail Station, has immediate access to the Hialeah Expressway and Okeechobee Rd, and is 3.3 miles from Miami International Airport.
The OM and due diligence materials are available to qualified buyers.
Location
State FL
County Miami-dade
Community Seminola City Sec 2
Area 30
Zoning 0100
Interior
Interior Features First Floor Entry, Other
Heating Other
Cooling Other
Flooring Other
Appliance Dishwasher, Washer
Exterior
Exterior Feature Other
Pool None
View Y/N No
View None
Roof Type Other
Garage No
Private Pool No
Building
Lot Description 1/4 to 1/2 Acre Lot
Faces South
Sewer Other
Water Other
Architectural Style Other
Structure Type Other
Others
Senior Community No
Restrictions Other Restrictions
Tax ID 04-30-12-010-0140
Acceptable Financing Cash, Other
Listing Terms Cash, Other
Virtual Tour https://www.propertypanorama.com/instaview/mia/A12122676
