Buying In Hialeah, FL
Sell Your Commercial Property In Hialeah, FL
Own a commercial apartment building of five or more units in Hialeah? We purchase multifamily properties around Hialeah Gardens, Miami Lakes, and the rest of Miami-Dade County, and we review every deal against a clear buy box.
- Clear feedback on your deal, typically within 48 hours
- 5 to 100+ units, stabilized or distressed, listed or off-market
- Owners, agents, and brokers welcome — every conversation is confidential
We buy:Tired landlordsEstate & trust sales1031 exchangesDeferred maintenanceHigh vacancyPartnership splits
Neighborhoods & Nearby Towns: Hialeah Gardens · Miami Lakes · Palm Springs North · Medley — Miami-Dade County, FL
The Hialeah Market
What Drives Rentals In Hialeah
Hialeah is a renter-majority city with almost no slack in its housing. Renters occupy 41,120 of its 77,044 occupied homes, or 53.4%, according to Census ACS 2020–2024 estimates, above the 47.8% rate for Miami-Dade County. The ACS counts 79,130 housing units in the city, so only about 2,100 were vacant or seasonal when surveyed.
Median gross rent is $1,689, below the county's $1,829, but incomes are lower too: Hialeah's median household income is $55,594, against $71,753 countywide. That leaves 61.5% of renter households paying 30% or more of income for housing. Most of the city's apartments are older buildings, with a median year built of 1975.
We buy 5+ unit apartment buildings in Hialeah and nearby Hialeah Gardens, Miami Lakes, Palm Springs North and Medley.
Next to Miami International Airport
Miami International Airport covers 3,230 acres near Hialeah and offers more flights to Latin America and the Caribbean than any other U.S. airport, supporting cargo, warehouse and service jobs nearby.Renter majority, almost no vacancy
Census ACS 2020–2024 data show 53.4% of Hialeah households rent, and only about 2,100 of the city's 79,130 housing units were vacant or seasonal when surveyed.A large mid-size apartment stock
About 34,500 Hialeah housing units, 43.6% of the total, sit in buildings of five or more units, including 10,091 in 20–49 unit buildings, per ACS table B25024.Our Buy Box
What We Buy In Hialeah
Asset Type
Multifamily, 5+ Units
Apartment buildings and income-producing residential.
Size
5 – 100+ Units
Sweet spot: 15–25 units.
Condition
Stabilized To Distressed
Value-add, mismanaged, and high-vacancy properties welcome.
Deal Types
Listed Or Off-Market
Direct-to-owner, pocket listings, portfolios.
Local Market Data
Hialeah Apartment Market
Figures gathered October 2026 from public market data.
Who rents in Hialeah
Hialeah had an estimated 226,165 residents in the 2020–2024 American Community Survey, in 77,044 occupied homes. Renters held 41,120 of them, a 53.4% share, compared with 47.8% across Miami-Dade County. Hialeah is one of the county's largest cities, and its renters make up close to one in eleven of Miami-Dade's 465,971 renter households.
The city's housing is unusually full. The ACS counts 79,130 housing units and 77,044 occupied as a primary residence, so only 2,086 units, about 2.6%, were vacant, for sale, for rent or used seasonally at survey time. Countywide, 119,572 of 1,094,983 units, about 10.9%, were not occupied as primary homes, so Hialeah runs far tighter than the county.
Incomes are modest. The median household income in Hialeah was $55,594 over 2020–2024, about $16,000 below the countywide $71,753. Demand is tied to jobs within a short drive: Miami International Airport sits on 3,230 acres southeast of the city and offers more flights to Latin America and the Caribbean than any other U.S. airport. Cargo handling, warehousing and light industry around the airport, along with hospitals and small businesses along the Palmetto Expressway, employ many Hialeah renters.
Rents and affordability
Median gross rent, which includes utilities, was $1,689 in Hialeah over 2020–2024, $140 below the county median of $1,829. Rents are lower here because incomes are, and the burden is heavy: 61.5% of renter households spend at least 30% of income on housing, and 33.1%, about 13,600 households, spend half or more. Countywide, the share at 30% or more is 60.9%.
The table compares Hialeah with Miami-Dade County on the figures buyers check first.
| Measure (ACS 2020–2024) | Hialeah | Miami-Dade County |
|---|---|---|
| Median gross rent | $1,689 | $1,829 |
| Median household income | $55,594 | $71,753 |
| Renter share of households | 53.4% | 47.8% |
| Renters paying 30%+ of income | 61.5% | 60.9% |
| Units in 5+ unit buildings | 43.6% | 44.7% |
| Median year built | 1975 | 1980 |
Sources: Hialeah and Miami-Dade County ACS tables via Census Reporter.
HUD's FY2026 Fair Market Rents for the Miami-Miami Beach-Kendall HMFA are $1,828 for a studio, $1,995 for a one-bedroom, $2,436 for a two-bedroom, $3,127 for a three-bedroom and $3,613 for a four-bedroom. Even the studio figure is above Hialeah's median rent. For owners with voucher tenants, that gap means the payment standard is rarely the ceiling on rent; the tenant's income usually is. FY2027 figures took effect October 1, 2026.
The apartment stock
According to ACS table B25024, 34,488 of Hialeah's housing units, or 43.6%, are in buildings with five or more units. They split fairly evenly by size: 11,491 units in buildings of 50 or more, 10,091 in 20–49 unit buildings, 7,113 in 10–19 unit buildings and 5,793 in 5–9 unit buildings. Detached houses make up 38.0% of the stock and attached single-family units another 9.8%.
Much of the stock went up in the postwar decades. Per table B25034, the median year built is 1975. Some 59.6% of units predate 1980, and the 1960s and 1970s alone account for 36.4%. Only 7.0% of units were built in 2010 or later, and just 1,296, or 1.6%, in 2020 or later. About 77.0% of units were built before 1990, which means most of the city's apartment buildings have already passed the 30-year mark for recertification.
The mix differs from the county in a way that matters to buyers. Across Miami-Dade, 25.1% of all housing units are in buildings of 50 or more. In Hialeah that share is 14.5%, and the 20–49 unit and 10–19 unit categories together hold another 21.7%. Hialeah's apartment market is mostly mid-size, low-rise buildings, the size range where individual owners and smaller investment groups do most of the buying and selling. The county stock is also younger, with 49.6% of units built before 1980 against 59.6% in Hialeah.
Nearby areas differ. Miami Lakes, Hialeah Gardens and Medley are separate municipalities with their own tax rates and code enforcement, and Palm Springs North is unincorporated, so a buyer comparing properties across them should check which government issues permits and enforces recertification.
Recertification and building condition
The Miami-Dade building recertification program, under section 8-11(f) of the county code, requires an inspection when a building reaches 30 years of age and every 10 years after. It covers all buildings except single-family homes, duplexes and small buildings with an occupant load of 10 or less and 2,000 square feet or less, so nearly every 5+ unit property is included. Reports must address structural safety, including foundations, load-bearing elements and facades, and electrical safety, with infrared testing for systems of 400 amps or more, plus parking lot lighting and guardrails where they apply.
The county's 35 municipalities enforce the program themselves, so Hialeah's building department handles it within the city. For a seller, an up-to-date recertification on file removes a common buyer contingency. An overdue one, or a report that calls for structural repairs, usually becomes a price reduction.
Property taxes and transfer costs in Miami-Dade
The Miami-Dade Property Appraiser assesses each parcel at just value as of January 1. Buildings of 10 or more units fall under s. 193.1555, which caps annual assessed-value growth at 10% for non-school levies; 2–9 unit buildings get the same cap under s. 193.1554. School levies apply to full just value, and both caps reset after a sale.
The appraiser's 2025 adopted millage chart puts Hialeah's total at 18.6468 mills, against 18.6638 in 2024. That includes 6.3018 city operating mills and 4.5740 countywide operating mills, plus school and district levies. Nearby totals were 19.7009 in Hialeah Gardens, 17.1804 in Miami Lakes, 18.8727 in Medley and 16.9317 in unincorporated Miami-Dade. A $3 million building in Hialeah would owe about $55,900 a year at that rate on a reset assessment. Appeals go to the Value Adjustment Board within 25 days of the TRIM notice under s. 194.011.
Transfer tax is higher here than elsewhere in Florida. Miami-Dade levies documentary stamp tax at 60 cents per $100 plus a 45-cent surtax on deeds for property other than single-family homes, per the Department of Revenue and s. 201.031. That is $1.05 per $100, or $31,500 on a $3 million apartment sale, against $21,000 under the 70-cent rate used elsewhere in the state.
Landlord rules
Hialeah cannot cap rents: s. 166.043 and s. 125.0103 bar local rent controls, and s. 83.425 preempts local tenancy rules. Deposits are uncapped but must be returned within 15 days or claimed in writing within 30 under s. 83.49. Nonpayment notices give three days, excluding weekends and legal holidays, under s. 83.56, and month-to-month tenancies end on 30 days' notice under s. 83.57. Rentals of six months or less are taxable as transient accommodations, per the Department of Revenue, while longer written leases are exempt from sales tax, so a building rented on annual leases carries no sales tax on rent.
What this means if you own a building here
Hialeah sellers have a strong case on occupancy: a renter majority and very little vacant stock. Buyers will weigh that against older buildings, recertification obligations, a reset tax bill near 18.6 mills and Miami-Dade's higher deed tax. Rent upside depends more on tenant incomes than on HUD limits. Run the numbers with our cap rate calculator, and see rent control and property tax by state for how Florida compares.
Skyline Capital Investments buys 5+ unit buildings in Hialeah and the surrounding cities, in any condition and with tenants in place. Our seller page explains how we underwrite. Have the latest recertification report, the last two TRIM notices, a current rent roll and deposit ledger, and insurance declarations ready when you talk to buyers.
Seller Notes
Hialeah Seller Checklist
If you want to sell commercial property in Hialeah, FL, these points drive how we price the building.
More about selling in Florida →Investing in Hialeah? See apartment syndications in Hialeah →
- Hialeah's 2025 total millage was 18.6468, including 6.3018 city mills; a sale resets the 10% non-school assessment cap, so the buyer is taxed on the purchase price.
- Miami-Dade adds a 45-cent surtax to the state documentary stamp tax on apartment deeds, for $1.05 per $100, or $31,500 on a $3 million sale.
- Miami-Dade's recertification program requires structural and electrical inspections of most non-duplex buildings at 30 years and every 10 years after; Hialeah enforces it inside the city.
- Florida preempts rent control and local tenancy rules, so Hialeah leases, deposits and eviction notices follow Chapter 83 of the Florida Statutes with no local overlay.
Seller Guides
Selling In Hialeah? Common Situations We Handle
Learn More
Taxes & Rules For Hialeah Property
The Florida rules that shape any deal in Hialeah: what a sale costs in tax, how buildings are taxed, what landlords must follow, and how to defer gains.
Hialeah Seller FAQ
What is the average rent in Hialeah, FL?
Census ACS 2020–2024 estimates put Hialeah's median gross rent, including utilities, at $1,689 a month, below Miami-Dade County's $1,829. HUD's FY2026 Fair Market Rents for the Miami-Miami Beach-Kendall HMFA are higher, at $1,995 for a one-bedroom and $2,436 for a two-bedroom, so voucher payment standards sit above typical Hialeah rents.
What is the property tax rate on apartment buildings in Hialeah?
The Miami-Dade Property Appraiser's 2025 adopted millage chart shows a total of 18.6468 mills in Hialeah, down slightly from 18.6638 in 2024. The city's own operating levy is 6.3018 mills and the countywide operating levy 4.5740. Apartments are assessed at just value each January 1, with a 10% cap on non-school levies that resets after a sale.
Does Hialeah have rent control?
No. Florida Statutes s. 166.043 and s. 125.0103 bar cities and counties from controlling rents, apart from land-use measures that increase affordable housing. Since 2023, s. 83.425 also preempts local regulation of residential tenancies, so the Florida Residential Landlord and Tenant Act governs leases, deposits and notices in Hialeah and Miami-Dade.
What share of Hialeah residents rent?
Renters occupy 53.4% of Hialeah's occupied homes, or 41,120 households, per Census ACS 2020–2024 estimates. Miami-Dade County is 47.8% renter. About 43.6% of the city's housing units are in buildings with five or more units, and only about 2.6% of units were vacant or seasonal, far tighter than the county as a whole.
Is it a good time to sell an apartment building in Hialeah?
Occupancy fundamentals are strong: only about 2,100 of 79,130 units were vacant or seasonal in the ACS, and most residents rent. The limits are income and age. Median household income is $55,594, 61.5% of renters are cost-burdened, and the median building dates from 1975, so buyers look closely at recertification status and rent upside.
Do I need to fix up my Hialeah building before selling?
No. We price in deferred maintenance, vacancy, and below-market rents ourselves, so you can sell the property as it stands.
How does a sale to you work in Miami-Dade County?
Send the address, unit count, and any financials. We give feedback, then a written letter of intent if it fits, followed by diligence and a closing date that works for you.
Can I sell rental property in Hialeah with tenants in place?
Yes. We buy apartment buildings with tenants in place and keep existing leases intact. As a commercial real estate buyer focused on 5+ unit properties, we underwrite the current rent roll as it stands.
Do I need a broker to sell my apartment building in Hialeah?
No. You can work with us directly, or your broker can bring the deal to us. Either way, conversations stay confidential.
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