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Single Family Residence
$695,000$315 / sqft
1321 W 2nd Ave, Hialeah FL 33010
Listed
4
Bedrooms
3
Bathrooms
2,204 sqft
Interior
1958
Year built
None
HOA
Single Family Residence
Type
About this home
Opportunity awaits on this Hialeah corner lot! Previously owned by only two families, the property features a spacious front porch with plenty of seating and a flexible layout with income potential. Originally a 3-bedroom, 2-bath home, it includes a legal addition with a separate living area. The main house is currently rented month to month as a 2-bedroom, 2-bath residence; the addition is rented under a one-year lease as a 2-bedroom, 1-bath residence. Ideal for an investor or a buyer seeking a primary residence with rental income. Seller reports an additional 6 feet of city easement area, approximately 318 square feet, has been granted for the owners’ use; buyers to verify permitted use and lot dimensions. Please do not disturb tenants.
Features
- First Floor Entry
- Family Room
- Maid/In-Law Quarters
- None
Leasing
- Minimum lease
- Not stated
- Ok To Lease
Leasing terms as stated in the MLS listing, not verified by us. The association’s governing documents control what is actually permitted and can change — confirm before you buy.
Location
Approximate — shows the building, not the unit. Open in maps
Run the numbers
We fill in the price and the building's HOA dues. That leaves tax, insurance and maintenance — they depend on your exemptions, your insurer and the unit, so we don't guess them. Rent starts from what comparable units are asking nearby. Vacancy and the loan terms below start at common defaults; change them.
Median asking rent for 4-bed rentals across Miami-Dade, from 200 active listings; the middle half ask $3,800–$9,500.That is what landlords ask, not what units let for — edit it if you know better.
Our default, not a market figure
From the listing
Depends on assessed value & exemptions
Varies widely by building
Repairs, turnover, management
Cap rate
Cash-on-cash
Monthly cash flow
Net operating income
Enter property tax, insurance, maintenance to see the returns. A cap rate calculated without every cost overstates the deal — often by half — so we don't show a partial one.
Illustration only — not a loan offer, quote, or investment advice. We are not a lender and neither offer nor arrange financing. The loan fields start at 20% down over 30 years at 6.5% (rates as of July 2026); that is a nominal rate for illustration, not an APR, and your actual terms will differ. Cap rate is unlevered; cash-on-cash counts the down payment as invested capital and excludes closing costs.
Listing data from the MIAMI Association of REALTORS® (MIAMIRE) IDX program. Information deemed reliable but not guaranteed. Demo data shown for layout purposes.