4260 Palm Ave, Hialeah, FL 33012
- $3,800,000
- List Price
- $3,800,000
- Price Change
- ▲ $310,000 1653506553
- MLS#
- A11113069
- Status
- ACTIVE
- Type
- Commercial
Property Description
Rare Opportunity to Acquire a New Construction Multi-Family Apartment Development in South Florida. Ronny’s 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, Washer/Dryer. Lower Operating Expenses with Separate Water and Electric Meters. NOI $155,543 / Cap 4.5%
Additional Information
- Days on Market
- 251
- Tax Amount
- $47,526
- Parcel Number
- 04-31-06-045-0470
- Lot Size
- 11,508
- Address
- 4260 Palm Ave, Hialeah
- Year Built
- 2020
- Special Information
- New Construction
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Listing courtesy of EZ 2 Own Homes Realty, LLC.