8 E 13th St

Hialeah, FL 33010
$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 optimizedRead MoreRead Less
Courtesy of Mary Arbelaez, The Canero Group, 305-444-5004.
Listing Snapshot
Days Online
1
Last Updated
Property Type
Hotel/Motel
Lot Size
0.31 Acres
Year Built
1962
MLS Number
A11795651
30 Days Snapshot Of 33010
$504k
-5%
(avg) sold price
11
+120%
homes sold
44
+91%
(avg) days on market
Snapshot
Area Map
Additional Details
Building
Building Area Total: 7115, Building Area Units: Square Feet, Building Name: Palm Avenue Motel, Construction Materials: CBS Construction, Living Area Units: Square Feet, Structure Type: Hotel/Motel, Hotel, Year Built: 1962
Cooling
Cooling: Wall/Window Unit(s), Cooling YN: t
Heating
Heating: Wall/Window Units, Heating YN: t
Lot
Lot Size Square Feet: 13500, Lot Size Units: Square Feet
Property
Parcel Number: 04-31-18-003-1810, Property Sub Type: Hotel/Motel, Property Type: Commercial Sale, Road Frontage Type: City Street, Security Features: Security Fence
Parking
Parking Total: 18
Taxes
Tax Annual Amount: 24468, 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
Water Features
Water Source: "Public"
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Antonio Correa
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