Is Hialeah ‘The Next Big Thing’ For Real Estate Investment In South Florida?

Hialeah is hot.

The city has been experiencing a surge in real estate investment, bolstering its reputation as an industrial hub while also identifying it as a more welcoming place for multifamily and commercial construction following recent moves to encourage development.

But investors drawn to cheaper land prices and those who may be looking to make a quick buck on a flip could find it difficult in this working-class city where rents remain low as does the median household income, which hovers at $30,000, local developers and brokers say.

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