Skip main navigation
Sold for $605,000
  • $605,000

    985-987 SE 1st St, Hialeah, FL 33010

    5beds
    3baths
    2,012sqft
    Duplex
    Built in 1958
    -- sqft lot
    $735,500 Zestimate®
    $301/sqft
    $2,999 Estimated rent

    Home value

    $735,500

    $684,000 - $787,000

    $2,999/mo

    Zestimate® history
    Loading
    Loading...

    Owner options

    List your home for rent

    $2,999/mo

    Rent Zestimate®

    Find your next renter with Zillow Rental Manager. Plus, with online applications, you can quickly screen prospective tenants – for free.

    Learn more

    $2,999/mo

    Rent Zestimate®

    Refinance and save

    $4,121/mo

    Est. payment

    Refinancing to a lower rate could help reduce your monthly payments and save thousands over the life of the loan.

    See today's rates

    $4,121/mo

    Est. payment

    Explore your selling options

    Work with a Zillow partner agent

    Leverage their expertise and Zillow's premium Showcase listings to get your home seen by more buyers.

    Get started

    List with your own agent

    Get your home in front of millions of buyers by listing it on Zillow.

    Learn how to do it

    Sell it yourself

    Take full control of how buyers see your home on Zillow by listing For Sale by Owner (FSBO).

    List your home

    What's special

    Introducing a Hialeah gem! This duplex, situated at the end of a cul-de-sac, awaits your vision. Unit 1 offers 2 bedrooms and 1 bathroom, while Unit 2 boasts 3 bedrooms and 2 bathrooms, both currently leased below market value. Huge upside potential: These units are ready for your creative touch, offering the potential to unlock their true value. With market rents in the area soaring to $2,400 for the 2/1 and $3,200 for the 3/2, your investment possibilities are limitless. Estimated pro-forma cap rate of 8-10%. Whether you're a seasoned investor looking to maximize rental income or a homeowner seeking additional income from one of the units, this property fits the bill perfectly.

    Zillow last checked:

    Listing updated:

    Listed by:

    Jorge Guanche 786-223-1117,

    Compass Florida, LLC

    Bought with:

    Yamili Fernandez, 3456568

    Prestige Luxury Realty LLC

    Source: MIAMI,MLS#: A11472274MLS LogoOriginating MLS: A-Miami Association of REALTORS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 3
    Heating
    • Central, Electric
    Cooling
    • Ceiling Fan(s), Central Air, Electric
    Features
    • Flooring: Tile
    Interior area
    • Total structure area: 2,169
    • Total interior livable area: 2,012 sqft

    Property

    Parking
    • Total spaces: 4
    Features
    • Stories: 1
    Lot
    • Features: Less Than 1/4 Acre Lot
    Details
    • Parcel number: 0431200410040
    • Zoning: 5400

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Other
    • Property subtype: Duplex
    Materials
    • CBS Construction
    • Roof: Shingle
    Condition
    • Year built: 1958

    Utilities & green energy

    • Sewer: Public Sewer

    Community & neighborhood

    Location
    • Region: Hialeah
    • Subdivision: Hialeah 54th Street Addn

    Other

    Other facts
    • Listing terms: All Cash,Conventional

    Price history

    DateEventPrice
    3/11/2024Sold$605,000+2.7%$301/sqft
    Source: MIAMI #A11472274 Report a problem
    11/17/2023Pending sale$589,000$293/sqft
    Source: MIAMI #A11472274 Report a problem
    10/27/2023Contingent$589,000$293/sqft
    Source: MIAMI #A11472274 Report a problem
    10/19/2023Listed for sale$589,000$293/sqft
    Source: MIAMI #A11472274 Report a problem

    Public tax history

    Tax history is unavailable.

    Neighborhood: 33010

    Nearby schools

    GreatSchools rating
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $735,500
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $735,500