359 E 12th Street, Hialeah, FL 33010
New ListingOverview
Description
Supplements: ... (Read more) Investment Opportunity – 359 E 12th St, Hialeah, FL 33010This property presents an exceptional investment opportunity in the heart of Hialeah, one of Miami-Dade County's most densely populated and high-demand rental markets. With duplex zoning already in place, this lot offers immediate development potential for investors looking to maximize returns through multi-family income production.Property Highlights:Zoned for duplex — significant value-add and development potentialLocated in Hialeah, one of South Florida's strongest rental demand corridorsCash only transaction — no financing contingencies, clean and straightforward closingIdeal for buy-and-hold investors, developers, or those looking to expand their portfolioLocation Advantages:Hialeah continues to be one of the most resilient real estate markets in Miami-Dade County. The city boasts a robust rental population, strong occupancy rates, and consistent year-over-year appreciation. The property is conveniently situated near major thoroughfares, providing easy access to I-95, the Palmetto Expressway (SR-826), Miami International Airport, and public transportation. Surrounding amenities include retail centers, restaurants, schools, parks, and medical facilities — all key drivers of tenant demand and long-term property value.Development Potential:With duplex zoning, an investor has the opportunity to either renovate the existing structure or explore new construction to maximize the lot's income-producing capacity. Multi-family properties in Hialeah command strong rental rates, and a duplex configuration allows the owner to live in one unit while renting the other, or rent both units for maximum cash flow.Transaction Requirements:This is a CASH ONLY transaction. No financing offers will be considered under any circumstances. All offers must be accompanied by valid Proof of Funds dated within 30 days of offer submission. Offers submitted without Proof of Funds will not be presented to the seller. Seller reserves the right to request updated Proof of Funds at any time during the transaction.Showing Instructions:All showings are strictly by appointment only. A minimum of 24 hours advance notice is required — NO exceptions will be made. Please do not attempt to walk the property or contact occupants directly. All showing requests must be coordinated through the listing agent. Failure to comply with showing instructions may result in the request being denied.Offer Submission:Buyers and buyer's agents are encouraged to submit their highest and best offer from the start. Include Proof of Funds, proposed closing date, and any additional terms with initial offer submission. Seller prefers a quick close. AS-IS contract preferred.Disclaimer:All information is deemed reliable but not guaranteed. Buyers are encouraged to conduct their own due diligence, including but not limited to: zoning verification with the City of Hialeah, independent inspections, title search, and survey. Property is being sold AS-IS. Seller will make no repairs.
Listing Details MLS# A12032483
General Property Information
- Property Sub Type
- Single Family Residence
- Bedrooms Total
- 2
- Bathrooms Total
- Yes
- Bathrooms Full
- Yes
- Building Area Main
- 2238
- Living Area Main
- 1782
- Adjusted Area Main
- 1525
- Accessibility Features YN
- Yes
- Year Built
- 1948
- Lot Size Area
- 6750
- Lot Size Acres
- 0.15
- Senior Community YN
- No
- Outdoor Living Spaces YN
- Yes
- Stories Total
- Yes
- Direction Faces
- South
- Pool Private YN
- No
Property Features
Contract Information
- Comp Sale YN
- No
- Original List Price
- 585000
- Occupant Type
- Owner
Location and Legal
- Country
- United States
- County Or Parish
- Miami-Dade
- County Parish Name
- Miami-Dade
- Street Number
- 359
- Street Direction Prefix
- E
- Street Name
- 12th
- Street Suffix
- Street
- City Name
- Hialeah
- Municipal Code
- 4
- State Or Province
- FL
- Postal Code
- 33010
- Postal Code +4
- 3507
- Postal Zip
- 33010
- Subdivision Name
- TOWN OF HIALEAH 1 ADDN AM
- Area
- 2310
- Elementary School
- Hialeah
- Middle Or Junior School
- Miami Springs
- High School
- Westland Hialeah
- Parcel Number
- 0431180035231
- Subdivision Number
- 3
- Zoning
- 5400
- Flood Zone
- X
- Directions
- N on E 12 St, W on W 49 St, S on W 4 Ave, property on left.
Financial Information
- Membership Fee Required YN
- No
- Tax Annual Amount
- 7655
- Tax Year
- 2025
- Tax Legal Description
- 1ST ADD TO TOWN OF HIALEAH AMD PB 5-122 LOT 17 BLK 92 LOT SIZE 50.000 X 135 OR 20600-0425 0802 1 COC 23684-4427 08 2005 4
Status Change Information
- Major Change Timestamp
- 2026-10-13T03:07:40Z
- Major Change Type
- Price Reduced
- Price Change Timestamp
- 2026-10-13T03:07:40Z
- Status Change Date
- 2026-10-06
More Information
Entry Information
- Entry Level
- Yes
Price Calculations
- Current Price To SqFt
- 303.03
Section Details
- Parcel Number MLX
- 5231
Originating Details
- Originating System Key
- 508062187
- Originating System ID
- M00000151
Room Information
| Room Name |
|---|
| Family Room |
| Maid/In-Law Quarters |
