About 8 E 13th St
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.
Features of 8 E 13th St
| MLS® # | A11795651 |
|---|---|
| Price | $3,900,000 |
| Bathrooms | 0.00 |
| Acres | 0.00 |
| Year Built | 1962 |
| Type | Commercial |
| Sub-Type | Hotel/Motel |
| Status | Active |
Community Information
| Address | 8 E 13th St |
|---|---|
| Area | 31 |
| City | Hialeah |
| County | Miami-Dade |
| State | FL |
| Zip Code | 33010-3534 |
| HOPA | No Hopa |
Amenities
| Is Waterfront | No |
|---|---|
| Has Pool | No |
Interior
| Heating | Wall Furnace, Window Unit |
|---|---|
| Cooling | Wall/Window Unit(s) |
| Fireplace | No |
Exterior
| Construction | Block |
|---|
Listing Details
| Office | The Canero Group |
|---|