4260 Palm Ave,Free Standing, Commercial/Residential Income

4260 Palm Ave, Hialeah, Florida, 33012

Price $3,490,000.00

  • Lot size 11508
  • Year Build 2020
  • Waterfront
  • Zip 33012
  • Style
  • Parking Description
  • Pool Yes
  • Status Active
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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%

Call Annemarie (305) 213-9788. OM attached

6 53 41 .26 AC M/L SUB PB 7-113 E157FT OF S73.3FT OF N1/2 OF TRACT 27 LOT SIZE 11508 SQUARE FEET OR 18899-0429 1099 5 COC 22175-3307 03 2004

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%

City:Hialeah,Zoning:6500,List A O R:A-Miami Association of REALTORS,List Price:3490000,Listing Id:A11113069,Mls Status:Active,Year Built:2020,Postal Code:33012,Street Name:Palm Ave,Coordinates:1:25.8609171,Photos Count:12,Days On Market:16,Lot Size Units:Square Feet,On Market Date:2021-10-18,Parcel Number:04-31-06-045-0470,Parking Total:13,Property Type:Commercial Sale,Street Number:4260,Public Remarks: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%,County Or Parish:Miami-Dade County,Expiration Date:2022-03-18,Private Remarks:Call Annemarie (305) 213-9788. OM attached,Standard Status:Active,Living Area Units:Square Feet,Major Change Type:New,Postal Code Plus4:4479,State Or Province:FL,Tax Annual Amount:47526,Unparsed Address:4260 Palm Ave, Hialeah FL 33012,Listing Agreement:Exclusive Agency,Year Built Details:New Construction,Building Area Total:9693,Building Area Units:Square Feet,Lot Size Square Feet:11508,New Construction Y N:1,Original List Price:3490000,Public Survey Range:31,I D X Participation Y N:1,Syndication Remarks: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%,Listing Contract Date:2021-10-18,Originating System I D:miamire,Showing Instructions:Call Listing Agent,Street Number Numeric:4260,Tax Legal Description:6 53 41 .26 AC M/L SUB PB 7-113 E157FT OF S73.3FT OF N1/2 OF TRACT 27 LOT SIZE 11508 SQUARE FEET OR 18899-0429 1099 5 COC 22175-3307 03 2004,Public Survey Township:31,Originating System Name:Miami Association of REALTORS?,Contract Status Change Date:2021-10-18,Internet Address Display Y N:1,Transaction Broker Compensation:2%,Internet Entire Listing Display Y N:1,Transaction Broker Compensation Type:%,

  • Price $3,490,000.00
  • Price Change: 2021-10-18
  • Lot size sq. ft.
  • Price per sq.ft.
  • Year Build 2020
  • Waterfront
  • View
  • Pool Yes
  • Style
  • Construction
  • Parking Description
  • Flooring Type
  • Property Type Commercial Sale
  • Status Active
  • Listed 2021-10-18
  • Days on Market 43
  • Furnished
  • City Hialeah
  • Zip 33012
  • State Florida
  • Subdivision
  • Development Name
  • HOA Fees
  • Taxes 47526
  • Taxes Year