About This Property

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).

Key Features

• 13,500 sq ft Lot
• Built in 1962

Property Details

• Type: Single Family Home
• Year Built: 1962
• Lot Size: 13,500 sq ft
• HOA: Contact Agent
• Bedrooms: 0
• Bathrooms: 0
• Feature: 13,500 sq ft Lot
• Feature: Built in 1962
• Status: Active
• MLS Number: 1179183660
• Days on Market: 59
• Listed By: The Canero Group · Mary Arbelaez
• Zip Code: 33010