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Business Opportunity - Palm Avenue Motel for Sale

8 E 13TH ST, HIALEAH GARDENS, FL 33010

Asking Price$3,900,000

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  • Days on market:

    84 day(s)
  • Original Price:

    $3,900,000
  • Tax Legal Description:

    TOWN OF HIALEAH 1ST ADD AMD PB 5-122 LOTS 1 & 2 BLK 60 LOT SIZE 135.00 X 100.00 OR 20948-4520 1202 1
  • Tax Year:

    2024
  • Property Type:

    Business Opportunity
  • Construction Type:

    Cbs Construction
  • Cooling Description:

    Wall/Window Unit(s)
  • Heating Description:

    Wall/Window Units
  • Special Listing Conditions:

    Sale

Description

$3,900,000

Compelling investment opportunity to acquire palm avenue motel, featuring 23 rooms in the sought after city of hialeah. this exclusive offering allows investors a unique entry into miami’s thriving tourism industry. located on the vibrant palm avenue, the motel presents significant income growth potential through guest room renovations and optimized pricing strategies. having a c-2- liberal zoning may provide an opportunity to redevelop. the building directly behind developed a 30 unit residential tower with rents around $1,600+ for a 1/1. within walking distance to the city of hialeah and public transportation. close to airport, miami beach, miami springs, wynwood and downtown miami.

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