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1091 E 17th St
Hialeah, FL 33010
East 17 Apartments · Multifamily Property For Sale
·
12 Units
Executive Summary
East 17 Apartments is a newly constructed apartment community totaling 12 units in Hialeah, FL. Built in 2025, the property is 100% occupied with $2,450 in place rents. All units are 2BR/2BA units with spacious floor plans averaging 885 SF. All units are market driven and provide modern finishes including 9-foot ceilings, in-unit washer and dryers, stainless-steel appliances, impact windows, granite counter-tops in the kitchen and bathrooms.
Brand-New 2025 Construction featuring institutional-quality design, impact-rated windows, modern building systems, and virtually no near-term capital expenditure requirements.
100% Occupied New Asset delivering immediate, stabilized cash flow from a fully leased 12-unit community.
Transit-Oriented Investment located approximately 0.5 miles from the Tri-Rail/Metrorail Transfer Station, providing direct connectivity to Downtown Miami, Brickell, Miami International Airport, and the broader South Florida region.
Attractive Loss-to-Lease Opportunity with average in-place rents of approximately $2,458 versus projected market rents of $2,600, creating a clear path for near-term revenue growth. Two units are currently leased at $2,600.
Highly Desirable Workforce Housing Product comprised entirely of oversized 885 SF two-bedroom/two-bathroom floorplans that appeal to Hialeah’s family-oriented renter demographic.
Premium Interior Finishes including in-unit washers and dryers, stainless-steel appliances, granite countertops, impact windows, central A/C, and 9-foot ceilings.
Proximity to Major Employment Centers with convenient access to Doral, Blue Lagoon, Downtown Miami, Coral Gables, the Health District, and Miami International Airport.
Strong Healthcare Employment Driver located less than one mile from Hialeah Hospital and within close proximity to multiple regional healthcare campuses totaling more than 3,200 hospital beds.
Efficient Operating Profile with tenant-paid electricity and sub-metered water/sewer, helping minimize landlord expense exposure and support long-term NOI growth.
Ample Resident Parking featuring 18 covered spaces plus six additional street spaces, providing approximately two parking spaces per unit.
Brand-New 2025 Construction featuring institutional-quality design, impact-rated windows, modern building systems, and virtually no near-term capital expenditure requirements.
100% Occupied New Asset delivering immediate, stabilized cash flow from a fully leased 12-unit community.
Transit-Oriented Investment located approximately 0.5 miles from the Tri-Rail/Metrorail Transfer Station, providing direct connectivity to Downtown Miami, Brickell, Miami International Airport, and the broader South Florida region.
Attractive Loss-to-Lease Opportunity with average in-place rents of approximately $2,458 versus projected market rents of $2,600, creating a clear path for near-term revenue growth. Two units are currently leased at $2,600.
Highly Desirable Workforce Housing Product comprised entirely of oversized 885 SF two-bedroom/two-bathroom floorplans that appeal to Hialeah’s family-oriented renter demographic.
Premium Interior Finishes including in-unit washers and dryers, stainless-steel appliances, granite countertops, impact windows, central A/C, and 9-foot ceilings.
Proximity to Major Employment Centers with convenient access to Doral, Blue Lagoon, Downtown Miami, Coral Gables, the Health District, and Miami International Airport.
Strong Healthcare Employment Driver located less than one mile from Hialeah Hospital and within close proximity to multiple regional healthcare campuses totaling more than 3,200 hospital beds.
Efficient Operating Profile with tenant-paid electricity and sub-metered water/sewer, helping minimize landlord expense exposure and support long-term NOI growth.
Ample Resident Parking featuring 18 covered spaces plus six additional street spaces, providing approximately two parking spaces per unit.
Property Facts
| Price Per Unit | $354,167 | Apartment Style | Low-Rise |
| Sale Type | Investment | Building Size | 10,620 SF |
| Cap Rate | 5.51% | Average Occupancy | 100% |
| No. Units | 12 | No. Stories | 4 |
| Property Type | Multifamily | Year Built | 2025 |
| Price Per Unit | $354,167 |
| Sale Type | Investment |
| Cap Rate | 5.51% |
| No. Units | 12 |
| Property Type | Multifamily |
| Apartment Style | Low-Rise |
| Building Size | 10,620 SF |
| Average Occupancy | 100% |
| No. Stories | 4 |
| Year Built | 2025 |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+2 | 12 | $2,600 | 885 |
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