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.
Property Details
Price:
$3,900,000
MLS #:
A11795651
Status:
Active
Beds:
0
Baths:
0
Address:
8 E 13th St
Type:
Commercial
Subtype:
Hotel/Motel
City:
Hialeah
Listed Date:
May 2, 2025
State:
FL
Finished Sq Ft:
7,115
Total Sq Ft:
7,115
ZIP:
33010
Year Built:
1962
See this Listing
CENTURY 21 Carioti is a full service real estate company servicing the State of Florida with a headquarters in Orlando, FL.
More About CENTURYMortgage Calculator
Schools
Interior
Cooling
Wall/ Window Unit(s)
Heating
Wall/ Window Units
Exterior
Construction Materials
C B S Construction
Parking Spots
18
Security Features
Security Fence
Financial
Tax Year
2024
Taxes
$24,468
Map
Community
- Address8 E 13th St Hialeah FL
- CityHialeah
- CountyMiami-Dade County
- Zip Code33010
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8 E 13th St
Hialeah, FL
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