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859 E 23rd St, Hialeah FL 33013 — photo 11 / 7
0.0% reduced

859 E 23rd St, Hialeah FL 33013

Hialeah, FL

List Price

$1,600,000

Type

Single Family

Bedrooms

3

Bathrooms

2

Price / SqFt

$787/sqft

Price reduction

Distressed / value-add opportunity

White canvas / value-add

From the listing

Prime Development Opportunity in Booming East Hialeah! Invest in one of the fastest-growing areas in South Florida! This 8,280 sqft lot is perfectly positioned in East Hialeah, an area experiencing a surge in development and investor interest. Located within walking distance of the Tri-Rail station, this property offers unbeatable accessibility, making it a perfect choice for transit-oriented development. With increasing demand for housing and business spaces, this lot presents a rare chance to capitalize on East Hialeah’s growth. Don’t miss out on this exceptional opportunity

Property Information

Square Feet
2,032
Units
1
Days on Market
477
Status
active

Location

County
Miami-Dade County
Zip Code
33013
Coordinates
25.8437, -80.2649

Represented by Academia

Academia Real Estate Corp can represent you on this property. Use the inquiry form to have a licensed broker reach out with full details and next steps.

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Property: 859 E 23rd St, Hialeah FL 33013

Price: $1,600,000

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Why this deal

  • 0% off original list price
  • Value-add opportunity
  • Represented end-to-end by Academia
  • Active listing — move quickly

Deal Score

52/100

Fair

How this
is scored →
Estimated equityassumed40%

No comp-based ARV yet for this listing — equity scored neutral.

Discount depth20%

0.0% off original list (full marks at 25%+).

Days on market20%

477 days on market (full marks at 120+ — more time = more leverage).

Seller-motivation signals20%

Soft motivation language (value-add, motivated, tenant-occupied, cash-only).

A screen of the public MLS data we have — not an appraisal, valuation, or investment advice. Factors marked “assumed” were missing from the feed and scored neutral.

Deal scorecard

How four stakeholders read this deal

Coverall

Risks

  • Equity not yet estimated — no comps available for ARV
  • Flood zone AH — mandatory flood insurance required (NFIP or private); adds to carrying cost
  • conventional financing unlikely; cash or hard-money only

What a super-investor sees

Investor

C

Investor equity estimate based on ARV from closed MLS comps minus list price and estima…

  • Equity not yet estimated — no comps available for ARV

What a bank sees

Lender / financing

F

Lender financeability estimate based on list price, ARV, and condition signals. Not a f…

  • conventional financing unlikely; cash or hard-money only

What an insurer sees

Insurance / 4-point

C

insurability v1. Miami-Dade is entirely within the HVHZ (High-Velocity Hurricane Zone) …

  • Flood zone AH — mandatory flood insurance required (NFIP or private); adds to carrying cost

What a GC / AHJ sees

Permits / condition

B

Permit data from Miami-Dade public records; may lag; verify open permits with the AHJ. …

4-point — last permit

  • Roofnone
  • Electricalnone
  • Plumbingnone
  • HVACnone

Estimates from public data — not an appraisal, insurance quote, or financing commitment. Insurability as of 2026-07-24. Verify with licensed professionals.

Deal calculator

Value-add deal calculator

859 E 23rd St, Hialeah FL 33013, Hialeah, FL

No closed comps matched yet — ARV below is a starting estimate. Verify.

Recommended max offer

$974,000

Room vs list (above list)

$626,000

Est. equity

-$345,300

-22% of ARV, at list

ROC at list

-18%

Est. all-in at list

$1,945,300

list + rehab + txn + carry

70% rule MAO

$974,000

Estimates only — not investment advice or an offer. ARV is drawn from recent closed comps; rehab from a rate-card range. Verify ARV, rehab, and all costs with a licensed professional before acting.

One Academia. Academia Development Corp and Academia Real Estate Corp are divisions of The Academia Group.

Florida Licensed · Real Estate Broker BK3384781 · verify at myfloridalicense.com