Property Description
Strategically located on Palm Avenue, the 23-room motel presents significant income growth potential through guest room renovations and optimized pricing strategies. The motel is under performing which provides a great opportunity for investor to get a good deal. Hialeah is one of the most sought out neighborhoods for investors due to the high turnover rates. Zoned C-2-liberal can provide a possibility of building a multifamily, located directly behind the newly built Palm Avenue Lofts with rents at $1,800+ for a 1/1 (500 sqft).
Features
- Heating System
- Cooling System
- Parking Features
- Sewer
Address Map
- State:
- FL
- County:
- Miami-Dade
- City:
- Hialeah
- Zipcode:
- 33010
- Street:
- 8 E 13th St, Hialeah, Florida 33010
- Longitude:
- W81° 43' 6.4''
- Latitude:
- N25° 49' 59.7''
MLS Addon
- Building Area:
- 7,115 Sqft
- Construction Materials:
- Block
- Cumulative DOM:
- 6
- DOM:
- 6
- Internet Address Display:
- 1
- Internet Listing Display:
- 1
- Parcel Number:
- 04-31-18-003-1810
- Structure Type:
- Hotel/motel
- Virtual Tour:
- Click Here
Commercial Sale For Sale
8 E 13th St, Hialeah, Florida 33010, Hialeah, Florida 33010
13,500 Sqft
$3,100,000
MLS # #A12062666
Basic Details
- Property Type :
- Commercial Sale
- Listing Type :
- For Sale
- Price :
- $3,100,000
- Year Built :
- 1962
- Lot Area :
- 13,500 Sqft
- MLS # :
- A12062666
