The off-market acquisition adds 20 apartment units and an industrial building to the firm’s South Florida portfolio.
Sharpe Properties has closed on a four-building portfolio in Hialeah, Florida for $5,269,000. The deal, which wrapped up on February 24, 2026, is the first time the company has bought apartment buildings. Until now, the firm has focused on industrial and retail properties across South Florida.
The total portfolio is 27,568 square feet across three addresses. The deal came in at $191 per square foot, and it was sourced off-market.
What’s in the Portfolio
Dos Palmas Apartments at 615 to 649 East 2nd Avenue is made up of two quadplex buildings sitting next to each other, with eight units total. There are four two-bedroom units at 1,080 square feet and four one-bedrooms at 570. Every unit has a private balcony.
Vista Flora Apartments at 2712 West 10th Avenue is a two-story, 12-unit building with a mix of two-bedrooms (788 to 1,031 SF) and one-bedrooms (503 to 522 SF). It was 100% occupied when we closed.
Buena Vista Warehouse at 1035 to 1065 SE 9th Court is a 7,500-square-foot industrial building sitting on a 14,324-square-foot lot. It’s split into two bays of about 3,750 SF each, zoned M-1 for light manufacturing. The Airport Expressway (SR-112) is less than half a mile away, and Miami International Airport is about five to seven miles out.
Growing the Portfolio
With this deal, Sharpe Properties now manages roughly 525,838 square feet across Miami-Dade and Broward Counties. Barry Sharpe started the company, and his sons Mason Sharpe, Esq. and Brian Sharpe run it alongside him.
“We didn’t go looking for apartments specifically. We went looking for good deals in areas we already know, and this one checked every box. The residential adds a new income stream, and the warehouse fits right into what we already do.”
Mason Sharpe, Esq., Principal, Sharpe Properties
The deal was done off-market, which is how the firm tends to operate. Rather than relying on listed deals, Sharpe Properties has built relationships with property owners in the area over the years. Most of their acquisitions come through direct conversations, not brokers’ listings.
“The buildings need some work, and that’s fine. That’s the opportunity. We’ve got plans to upgrade the units over time, and the warehouse is going to be a good fit for small businesses looking for space near the airport.”
Brian Sharpe, Construction and Operations, Sharpe Properties
Barry Sharpe’s Connection to Hialeah
There’s a personal side to this deal worth mentioning. Barry Sharpe was born in New York but raised in Havana, Cuba. He grew up speaking Spanish as his first language. He’s worked in Hialeah for decades — a city that’s roughly 95% Hispanic and heavily Cuban. Sharpe Properties has always operated in both English and Spanish because of that background.
“For most people in Hialeah, they came from Cuba to become American. I went the other way. I grew up in Cuba, came back to America, and ended up working in the most Cuban city in the country. Now I own apartment buildings here, and I’m hearing roosters in the morning. It feels like home.”
Barry Sharpe, President, Sharpe Properties
Looking for More
Sharpe Properties is in the market for more commercial real estate in Miami-Dade and Broward Counties — industrial, retail, office, and apartments. If you own property or represent someone who’s thinking about selling, the firm would like to hear about it. Reach out at (305) 693-3500 or visit sharpeproperties.com.
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