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$12 million

For Sale

$12 million

1067 E 25th Street Hialeah, FL 33010

Description

1067 Motion

1067 E 25th Street Hialeah, FL 33010

Shovel-Ready Development Site in Hialeah

For sale  1067 Motion, a rare 27,360 SF (0.62 acres) boutique fully approved shovel-ready development site located at 1067 E 25th Street, in the Hialeah submarket. The property currently features an existing 8,268 SF strip mall with short-term leases. It is strategically located at the intersection of the Metrorail substation and the Brightline Station. The property is close to the Hialeah Hospital, Hialeah Racetrack, and various healthcare facilities such as Leon Medical Centers.

The property was rezoned to Transit-Oriented Development, allowing up to 127 apartment units and 10 stories. The seller has final site plan approval and a complete set of entitlements from the city of Hialeah to build a 127-unit apartment project. The project features 2,000 SF of retail at the bottom and a structured parking garage. The buyer can continue the development and begin construction immediately upon purchasing the site.

Investment Details

Entitlement Status:

Fully approved

Land Size:

27,360 SF (0.62 acres)

Zoning:
Residential via TOD

Building Height:

10 stories

Allowable Units:
127

Asking Price:
$12 million

Location Highlights

• Located within the Hialeah Transfer Station TOD District
• Zoned as C-2 (Liberal Commercial District)
• Convenient and direct access to I-95
• Spacious corner lot

SOLD
For Sale

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