$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.8 E 13TH ST, HIALEAH GARDENS, FL 33010
Business Opportunity - Palm Avenue Motel for Sale
8 E 13TH ST, HIALEAH GARDENS, FL 33010Asking Price$3,900,000
- Lot size 13500sqft
- Taxes: Register to see
- Year Built 1962
-
Days on market:
84 day(s) Original Price:
$3,900,000Tax 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 1Tax Year:
2024-
MLS:
A11795651 -
Property Type:
Business Opportunity
Construction Type:
Cbs ConstructionCooling Description:
Wall/Window Unit(s)Heating Description:
Wall/Window UnitsSpecial Listing Conditions:
Sale