366 W 12th St, Hialeah, FL 33010

July 09, 20253 min read

🔥 OFF-MARKET INVESTMENT GEM IN HIALEAH 🔥

💰 Nearly 8,000 SF Mansion on Rare Double Lot – Priced to Move at $2.1M


🏡 Executive Snapshot

🚨 Investor Alert: Unlock this rare opportunity to own a luxurious estate in the heart of Hialeah, FL—off-market and off-radar. This sprawling 7,900+ SF residence sits on a massive 13,500+ SF double lot, offering endless potential: luxury flip, high-cash-flow rental, multi-generational haven, or future redevelopment play.

Offered at just $265/SF, this deal pencils out for both end-users and savvy investors looking for long-term upside in one of Miami-Dade’s most stable and evolving submarkets.


Why You Want This Property

Massive Living Area: ~7,919 SF of finished space with 6 oversized bedrooms & 7 bathrooms (6 full + 1 half).
Double Lot Rarity: 0.31 acres—ideal for a pool, guest house, or future subdivision.
Luxury Perks: 🛗 Interior elevator, 🚿 spa-style baths, 🧹 central vacuum, 🎬 media room, 📚 office, & more.
Price Reduced $100K: Now listed at $2.1Mbelow Zestimate® & replacement cost.
No HOA = No Limits 🚫—Full creative freedom.
Walkable to top destinations: parks, casinos, malls, restaurants.
Zoned 4800 – Possible multifamily potential or other redevelopment options (STCA).


📍 Prime Hialeah Location

🌆 Minutes from Miami International Airport
🎰 Steps to Hialeah Park Casino
🛍️ Near Westland Mall, top restaurants, schools, and transit hubs
🌳 Access to Amelia Earhart Park – 500+ acres of trails, lakes, and more


🏗️ Property Highlights

🔎 Feature 📌 Details Size ~7,919 SF Beds / Baths 6 🛏️ / 7 🛁 Lot Size 13,500+ SF (0.31 Acres) 🌴 Stories / Access 2 Stories w/ Elevator 🛗 Parking Multiple Driveway Spaces 🚗🚗 Construction Concrete Block, Barrel Roof 🧱 HVAC Central Air & Electric Cooling ❄️ Zoning 4800 – Redevelopment Potential 🔁 Pool-Ready? YES – Room for Pool! 🏊‍♂️ Flood Risk FEMA Flood Zone 🌧️ (Factor: 5/10) Annual Taxes (2024) $11,209 💵


💡 Investor Playbook

🔄 Luxury Flip – Add high-end finishes and command top dollar
🏨 STR / Airbnb Conversion – 6 beds + prime location = cash cow 💸
🏘️ Multifamily Redevelopment – Explore zoning for duplex/triplex builds
🏝️ Private Compound – Add a pool, cabana, and live like royalty
🎉 Venue / Event Use – Subject to city approval


📊 Financial Overview

📈 Metric 💲 Amount Asking Price $2,100,000 Zestimate® $1.99M (Rising Market 📈) Rent Zestimate® ~$7,000/mo 🏠 Estimated Cap Rate ~4% (Long-Term Rental Model) 📊 Cost/SF $265 (🔥 BELOW market average) Market Comps Nearby Smaller homes selling for $600K–$750K+ ✅


🚀 Why Hialeah?

📍 Hialeah is one of Miami-Dade’s most resilient and high-demand rental markets, with strong cultural identity, dense population, and increasing investor attention. Home values have risen over 147% in the last 10 years, and inventory remains low.

With nearby infrastructure upgrades and increasing demand for multifamily housing, this submarket continues to offer excellent appreciation and cash flow potential.


🔒 Private Listing – Schedule Your Showing

This is a confidential, off-market opportunity available by appointment only.

📞 Contact: [Your Name / Brokerage]
📧 Email: [Your Email]
📱 Cell: [Your Phone Number]

⚠️ NDA may be required. Serious inquiries only. Seller will entertain all reasonable offers.


Devonna Johnson

Devana Johnson is a seasoned professional who has more than 20 years' combined experience in Marketing and Client Service and a true love of the community in which he lives and works, making him the perfect agent to help clients see the beauty in making their home in South Florida. After many successful years in Marketing and Merchandising, Devana's entrepreneurial spirit and desire to help others led him to professional real estate just over ten years ago. "I can recall watching real estate infomercials as a child and being excited about the properties," says Devana. "Recalling that excitement while embracing the entrepreneur in me and a want to help others propelled me into my real estate career." Keeping abreast of new technologies, he presents his clients with contemporary and creative solutions while maximizing their investment dollars. Serving his clients with honesty, integrity and a knack for negotiation, he guides them through the nuances of the transaction to deliver on their goals. Working with buyers, sellers and investors across South Florida, Devana specializes in residential properties starting in the $300,000 range. He is knowledgeable about the many diverse Miami neighborhoods and has a special affinity for the properties of the beautiful and sought-after Aventura area. Originally from New York, Devana is American-born of Jamaican and Indian descent. At the age of eight, he moved to Florida with his parents and has made his home in the Miami area for the last 37 years. He study Finance at Miami-Dade college before beginning his professional journey. Today, he enjoys networking with others across many industries. Equally passionate about giving back to his community as he is about his business, he loves working with kids, feeding the homeless and attending local sporting events.

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