Basic Information

  • Type Multi Family
  • Status Closed
  • Year Built 2020
  • Total Sqft 11,508
  • Date Listed 10/18/2021
  • Days on Market 365
Description

Rare Opportunity to Acquire a New Construction Multi-Family Apartment Development in South Florida. Ronnys Place is a Garden Style Apartment Complex consisting of 14 Total Units. 12 Residential Units and 2 Retail Units. This building is located in the City of Hialeah. The project consists of 9,693 SF of Living Area on 11,508 SF Lot. All the Residential Units are One-Bedroom and One-Bathroom with approximately 640 SF each. The 2 Retail Units are currently leased by one tenant with a total of approximately 1,180 SF. The building is fully leased. The unit amenities include Hurricane Impact Windows Doors, Granite Counter Tops in the Kitchen, Ceramic Tile Floors, Central Air Conditioning, WasherDryer. Lower Operating Expenses with Separate Water and Electric Meters. NOI 160,206 Cap 4.2

Amenities

Exterior Features

  • Waterfront No
  • Parking Spaces 0
  • Pool No
  • Parking Description
  • Style Multi Family

Interior Features

  • Adjusted Sqft 11,508Sq.Ft
  • Sqft 11,508 Sq.Ft

Property Features

  • Address 4260 Palm Ave
  • Aprox. Lot Size 11,508
  • Furnished Info no
  • Listing Terms Assumable
  • Subdivision Complex
  • Subdivision Info
  • Tax Amount $47,526
  • Tax Legal desc 6 53 41 .26 AC ML SUB PB 7-113 E157FT OF S73.3FT OF N12 OF TRACT 27 LOT SIZE 11508 SQUARE FEET OR 18899-0429 1099 5 COC 22175-3307 03 2004
  • Tax Year 0
  • Terms Considered Assumable
  • Type of Property Multi Family

4260 Palm Ave

Hialeah, FL 33012

The multiple listing information is provided by the Miami Association of Realtors® from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2023-present Miami Association of Realtors®. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: EZ 2 Own Homes Realty, LLC. tel: 305-231-2448

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