Commercial Sale · Mixed Use
131 W 5st, Hialeah FL 33010, HIALEAH, FL, 33010
Active85 days on marketListed May 11, 2026MLS #A12016594
About this property
The property at a glance
Prime Development Opportunity – Almost 45,000 SQFT! 6 PROPERTIES!! Discover a rare cover land play perfect for multi-family development in the heart of Hialeah right off W. Okeechobee. These multi set of properties span nearly 45,000 square feet, offering a blank canvas for developers to create a thriving residential/ mixed use building. Highlights: Ideal for multi-family development Generous lot size: ~45,000 SQFT Excellent location with strong growth potential Ready for creative development concepts Currently receiving income from 21 units on 3 properties Don’t miss this chance to secure a covered land play in a high-demand area.
3,661
Building sq ft
$1,338
Price / sq ft
13,500
Lot sq ft
3900
Zoning
Mixed Use
Property type
The numbers
Investment snapshot
Income and lease details aren’t published in the MLS for this listing. Ask for the offering memorandum and rent roll to run cap rate, NOI and cash-on-cash.
Estimated payment (illustrative)
Estimated payment
$26,685/mo
Illustrative only. Commercial loans are underwritten on the property’s income (DSCR, cap rate) — typically 25–35% down with lender-set terms. Ask a commercial lender for real numbers. Estimates only — taxes at 1.1%/yr and typical insurance; your lender’s numbers will differ. CENTURY 21 Edge partners with Florida’s best lenders.
Financing
Commercial financing works differently from a home loan — expect roughly 25–35% down with terms driven by the property’s income and your lender’s underwriting (DSCR, cap rate), not FHA or VA programs. Ask Anthony to connect you with a commercial lender for real numbers.
Where it sits
Location & trade area
What’s nearby
Business data © OpenStreetMap contributors
The area
Who's around this property
38,872
Population
$44,378
Median income
48
Median age
3
Avg household
$316,338
Median home value
$1,242/mo
Median rent
3,880
Households w/ kids
Consumer profile
Interested in the finer things life has to offer, this population wants to display their lifestyle by discussing luxury products. Often references jewelry, cars, and home features.
The party don't stop until the sun comes up. Loud music, crowds, and shots are a recipe for a great night out for these people.
This population is characterized by vulnerability. Looking to unload emotional burdens, activities include confessions, apologies, and long-form posts.
Driven to succeed in the business world, this population seeks to progress in their career through networking happy hours, summits, and connecting with other professionals online.
Who says the body isn't a canvas? This population loves talking about tattoos, body art and piercings.
These folks are conscious about what they eat. They're looking for ingredients that not only taste great, but also have great nutritional benefits.
Recent sales
What actually sold near 131 W 5st
The most comparable commercial properties that changed hands nearby. No two are identical — ask us for a full comparative analysis.
$350,000
8283 NW 64th St # 8, Medley FL 33166
Sold Aug 9, 2024
$18,600
7845 NW 57th St # D, Doral FL 33166
Sold Jan 4, 2025
$2,695
7782 NW 64th St, Miami FL 33166
Sold Oct 20, 2025
Your team
The pros in your corner
Your agent
Anthony Richardson
REALTOR® · CENTURY 21 Edge
Tours, offers, and every question about 131 W 5st — start here.
Financing contact
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Ask about commercial financing options for 131 W 5st.
See it in person
Schedule a tour
Live availability from Anthony's calendar — pick a time and it's booked.
Keep looking
Similar properties nearby
Listing courtesy of Fausto Commercial Realty Consultants Inc · Antonio Saladrigas. MLS #A12016594.
IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by Miami Association of REALTORS®.
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