Industrial/commercial hub. Very limited residential. High millage. Small population. Only for specialized industrial-adjacent multifamily plays.
Medley / Hialeah Industrial is a distinctive submarket in Miami-Dade County with a unique investor profile. Cap rates of 0%-0% and average rents of $0/month position this zone in the workforce housing segment of the market. The 0% five-year appreciation reflects measured growth.
One of Medley / Hialeah Industrial's advantages is its favorable expense profile. Insurance costs are approximately $0 per unit annually — well below the county's coastal zones where premiums reach $2,200-$2,800 per unit. The N/A flood designation keeps insurance risk n/a, and with a millage rate of 0, property taxes come in at $0 per unit per year. Operating expenses typically run 0% of gross rent in this submarket.
Medley / Hialeah Industrial serves a population of 1,000 with a median household income of $45,000. The walkability score of 15/100 and transit score of 0/100 reflect its industrial character. Crime grade B and school rating N/A factor into tenant quality and retention. Vacancy at 0% signals tight supply.
For multifamily investors evaluating Medley / Hialeah Industrial in 2026, the entry point ranges from $0K to $0K per unit. Industrial/commercial hub. Very limited residential. High millage. Small population. Only for specialized industrial-adjacent multifamily plays. Investors comparing this zone against the broader Miami-Dade market should weigh the 0%-0% cap rate against the county-wide range of approximately 3.8% (Key Biscayne) to 7.5% (Florida City), and factor in the significant variation in insurance and tax burden across the county's 34 investable zones.
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