The Porosoff Group of Compass Commercial is proud to present 873-875 E 25th Street in Hialeah. The subject property consists of two folios with a total land footprint of 6,600 SF with excellent frontage on the commercial corridor of E 25th Street. There are two existing structures, a 2 bedroom one bath home and a warehouse with total combined area of approximately 2,170 SF built in 1953.
The subject property sits in the Hialeah Transfer Station Transit Oriented Development area which went through a significant zoning change overlay. The area of the subject property is designated as high-rise zoning which allows up to 8 stories without bonus and 125 units/acre.
The subject property would need to be assembled with neighboring property to build a significant building. There are several building permitted and approved surrounding the subject property. Metro Parc Hialeah is one of the largest planed projects in the area which on the next block East of 873 E 25th Street. Metro Parc recently was approved for a $148 million construction loan for 559 apartments in two tower which will be 10-stories each.
The City of Hialeah’s goal in the TOD zone is to create a 24- hour district where people can live, work, easily commute, and have entertainment options. 873-875 E 25th Street is a rare opportunity to acquire a well located infill site with flexible zoning on a gentrifying retail corridor with ample public transportation.
CRE Advisor Multifamily Hospitality Development
NMHC PAC Contributor
Tel: (305) 733-6066
License: FL SL3160379
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