4930 Palm Ave, Hialeah FL, 33012

Active

4930 Palm Ave

Hialeah FL, 33012

$6,500,000

$2,974.83 per sqft

Active

2,185 sqft

Commercial

Built in 1952

Located in the heart of Hialeah, this property consists of four contiguous lots totaling 58,046 sqft, offering a prime opportunity for development. With Hialeah's growth and incentives like the Urban Development Boundary (UDB), Neighborhood Business District (NBD) Overlay, and Florida's LiveLocal legislation, the area is ready for transformation. To develop residential units under LiveLocal, a land use conversion to Commercial is needed, enabling construction of up to 70 units per acre. Currently zoned as RO (Residential Office), the property has potential for rezoning to B-1 Highly Restricted Retail, which supports a wide range of office, retail, and service businesses.

A11667845

MLSⓇ ID

September 29, 2024

Listed

November 21, 2024

Updated

Map

4930 Palm Ave
Hialeah FL, 33012

Interior Features

Fireplace: No
Cooling: No
Heating: No

Exterior/Building Features

Lot Size: 0.28 Acres

Other Property Details

Taxes: $14,330
Tax Frequency: Annually
Garage: No
View: No
County: Miami-Dade County
Pool: No
Zoning: 4800

Listed by: Fausto Commercial Realty Consultants Inc
Listing Contact: 786-378-1850

Based on information from the Miami Association of REALTORS®. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. 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. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.

Data last updated 11:23 PM UTC, 11/21/2024.