8 E 13th ST, Hialeah, FL 33010
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8 E 13th ST, Hialeah, FL 33010
8 E 13th ST, Hialeah, FL 33010
8 E 13th ST, Hialeah, FL 33010
8 E 13th ST, Hialeah, FL 33010
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Kristina Horta

Kristina Horta

+1(954) 553-0103
$ 3,100,000
Est. payment /mo
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Active

8 E 13th ST Hialeah, FL 33010

7,115 SqFt

UPDATED:

Key Details

Property Type Commercial

Sub Type Hotel/Motel

Listing Status Active

Purchase Type For Sale

Square Footage 7,115 sqft

Price per Sqft $435

MLS Listing ID A12062666

HOA Y/N No

Year Built 1962

Lot Size 0.310 Acres

Acres 0.31

Property Sub-Type Hotel/Motel

Property Description

Strategically located on Palm Avenue, the 23-room motel presents significant income growth potential through guest room renovations and optimized pricing strategies. The motel is under performing which provides a great opportunity for investor to get a good deal. Hialeah is one of the most sought out neighborhoods for investors due to the high turnover rates. Zoned C-2-liberal can provide a possibility of building a multifamily, located directly behind the newly built Palm Avenue Lofts with rents at $1,800+ for a 1/1 (500 sqft).

Location

State FL

County Miami-dade

Area 2310

Zoning 6400

Interior

Interior Features InteriorFeatures

Heating Wall Furnace

Cooling Wall/Window Unit(s)

Fireplace No

Exterior

Parking Features Free Parking

Water Access Desc Public

Road Frontage City Street

Total Parking Spaces 18

Building

Lot Description Corner Lot

Dwelling Type Hotel/Motel

Story 2

Sewer Public Sewer

Water Public

Structure Type Block

Others

Tax ID 0431180031810

Security Features Security Fence

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Virtual Tour https://www.propertypanorama.com/instaview/mia/A12062666

BeachesMLS, Inc. (FLR) IDX
Listed by Mary Arbelaez The Canero Group

NEARBY SCHOOLS & PROPERTIES

Kristina Horta

Kristina Horta

Advisor | License ID: SL3389525

+1(954) 553-0103

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8 E 13th ST