Active MLS listing · MLS #A12062666

8 E 13th Street

Hialeah, FL, 33010

$3,100,000
-Beds
0Baths
7115SqFt
Property type
Hotel/Motel
Subdivision
-
Year built
1962

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).

Listing Courtesy of: The Canero Group
jose@canerogroup.com
BeachesMLS

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