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33 W 3rd St - Hialeah CBD Mixed-Use Development Opportunity 0.15 Acres of Commercial Land Offered at $495,000 in Hialeah, FL 33010

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INVESTMENT HIGHLIGHTS

  • Central Business District Zoning in Hialeah
  • One block from Hialeah City Hall
  • Across from Triangle Park on Okeechobee Rd, with high visibility
  • Mixed-use 7-units, allowed by right
  • Additional incentives for Affordable Housing
  • Unobstructed views of the airport from the rooftop

EXECUTIVE SUMMARY

Exceptional development opportunity on a rarely available 6,750 square foot vacant lot in the Central Business District of Downtown Hialeah. The site is strategically positioned across the street from Triangle Park and one block from City Hall, securing high visibility directly from Okeechobee and synergy with the popular neighboring restaurant, La Fresa Francesa, giving this block huge potential for a newly envisioned mixed-use area. Comprehensive Feasibility and Parking Studies have been completed, confirming that a 3-story, 7,100 square foot, 7-unit mixed-use building can be built, by-right, without any affordable housing incentives. The proposed project includes six (6) two-bedroom multifamily apartments and one (1) commercial space on the ground floor, along with 12 parking spaces. The design, inspired by Old Havana architecture, features a commercial space on the ground floor and the high-value potential for an F&B or entertainment rooftop space that offers an unobstructed view of the airport. This is a unique opportunity to make this downtown Hialeah block iconic, offering substantial immediate returns, plus strategic long-term upside via the potential future assemblage of adjacent lots.

PROPERTY FACTS

Price $495,000
Sale Type Investment or Owner User
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Mixed Use
  • Multifamily
  • Apartment Units
  • Restaurant
  • Storefront, Retail or Office
Total Lot Size 0.15 AC
Opportunity Zone Yes
Zoning CBD - Within the Central Business District in Hialeah

1 LOT AVAILABLE

Lot

Price $495,000
Price Per AC $3,194,393.36
Lot Size 0.15 AC

Rarely available vacant lot with 6,750 sf in the Central Business District of Hialeah

DESCRIPTION

Rarely available 6,750 square foot vacant lot in the Central Business District of Downtown Hialeah. The site is strategically positioned across the street from Triangle Park and one block from City Hall, securing high visibility directly from Okeechobee and synergy with the popular neighboring restaurant, La Fresa Francesa, giving this block huge potential for a newly envisioned mixed-use area.

Walk Score®
Walker's Paradise (91)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
04-3118-001-1010
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$368,299
  • Listing ID: 37922579

  • Date on Market: 10/2/2025

  • Last Updated:

  • Address: 33 W 3rd St, Hialeah, FL 33010

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