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
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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
Agent info
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