Basic Information

  • MLS # A11795651
  • Type Hotel Motel
  • Status Active
  • Year Built 1962
  • Total Sqft 13,500
  • Date Listed 05/02/2025
  • Days on Market 6
Description

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.

Amenities

Exterior Features

  • Waterfront No
  • Parking Spaces 0
  • Pool No
  • Construction Type Block
  • Parking Description
  • Style Hotel Motel

Interior Features

  • Adjusted Sqft 13,500Sq.Ft
  • Cooling Description Wall Window Units
  • Heating Description Window Unit, Wall Furnace
  • Sqft 13,500 Sq.Ft

Property Features

  • Address 8 E 13th St
  • Aprox. Lot Size 13,500
  • City Hialeah
  • Construction Materials Block
  • County Miami- Dade
  • Furnished Info no
  • Listing Terms Cash, Conventional
  • Occupant Type Owner
  • Possession Closing And Funding
  • Postal City Hialeah
  • Sewer Description Public Sewer
  • Subdivision Complex
  • Subdivision Info
  • Tax Amount $24,468
  • Tax Legal desc T O W N O F H I A L E A H1 S T A D D A M D P B5-122 L O T S1&2 B L K60 L O T S I Z E135.00 X100.00 O R20948-452012021
  • Tax Year 2024
  • Terms Considered Cash, Conventional
  • Type of Property Hotel Motel
  • Water Source Public

8 E 13th St

Hialeah, FL 33010

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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: The Canero Group. tel: 305-444-5004

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