1602 Palm Ave ,Mixed Use for Sale

1602 Palm Ave for Sale

Price $1,650,000.00

• Lot size 6480
• Year Build 1953
• Waterfront
• Zip 33010
• Style
• Parking Description Assigned
• Pool Yes
• Status Active

Description

Mixed-use property located in East Hialeah off of Palm Ave and 16th St. Property is comprised of a mixed-use building with retail on the ground floor and residential on the 2nd floor (2/1 & 1/1). Building has separate electrical meters for all 4 units and 1 water meter. There is also a duplex behind the building each side is a 2/1. Duplex has separate water and electrical meters. Both one folio. Properties were updated. Some of the updates include: new roof, new impact windows/doors, new AC's, new Titans, new electrical and plumbing, and new concrete driveway. Plenty of parking. All upgrades were done with permit and all permits have been closed. Property Recertification Reports were done in April 2023. Rent Roll and financial analysis are under attachments in the listing.

Properties are tenant occupied. Please do not disturb tenants. All showings require a 24-hour notice. Please send a ShowingTime request.

18 53 41 HIALEAH 7TH ADDN PB 9-6 LOT 15 BLK 85 & 6FT ALLEY LYG W & ADJ CLOSED PER R-94-07 LOT SIZE 45.000 X 144 OR 9953-2088 0278 1

City Location, Corner Lot, Near Airport, In Residential Area

Mixed-use property located in East Hialeah off of Palm Ave and 16th St. Property is comprised of a mixed-use building with retail on the ground floor and residential on the 2nd floor (2/1 & 1/1). Building has separate electrical meters for all 4 units and 1 water meter. There is also a duplex behind the building each side is a 2/1. Duplex has separate water and electrical meters. Both one folio. Properties were updated. Some of the updates include: new roof, new impact windows/doors, new AC's, new Titans, new electrical and plumbing, and new concrete driveway. Plenty of parking. All upgrades were done with permit and all permits have been closed. Property Recertification Reports were done in April 2023. Rent Roll and financial analysis are under attachments in the listing.

City:Hialeah,Zoning:6400,List A O R:A-Miami Association of REALTORS,Latitude:25.8364227,List Price:1650000,Listing Id:A11513155,Longitude:-80.282179,Mls Status:Active,Ownership:Self Proprietor/Individual,Year Built:1953,Directions:Waze, Google Maps, Mapquest,Inclusions:Building & Land,Leases,Postal Code:33010,Street Name:Palm Ave,Coordinates:1:25.8364227,Lot Features:1:Corner Lot,2:Near Airport,3:In Residential Area,Photos Count:29,Days On Market:5,Lot Size Units:Square Feet,M I A M I R E_ Area:31,On Market Date:2024-01-11,Parcel Number:04-31-18-012-1750,Property Type:Commercial Sale,Street Number:1602,Public Remarks:Mixed-use property located in East Hialeah off of Palm Ave and 16th St. Property is comprised of a mixed-use building with retail on the ground floor and residential on the 2nd floor (2/1 & 1/1). Building has separate electrical meters for all 4 units and 1 water meter. There is also a duplex behind the building each side is a 2/1. Duplex has separate water and electrical meters. Both one folio. Properties were updated. Some of the updates include: new roof, new impact windows/doors, new AC's, new Titans, new electrical and plumbing, and new concrete driveway. Plenty of parking. All upgrades were done with permit and all permits have been closed. Property Recertification Reports were done in April 2023. Rent Roll and financial analysis are under attachments in the listing.,County Or Parish:Miami-Dade County,List Office Name:Realty World Executive Homes,Private Remarks:Properties are tenant occupied. Please do not disturb tenants. All showings require a 24-hour notice. Please send a ShowingTime request.,Standard Status:Active,Living Area Units:Square Feet,Major Change Type:New,Postal Code Plus4:3034,Property Sub Type:Mixed Use,State Or Province:FL,Tax Annual Amount:7696,Unparsed Address:1602 Palm Ave, Hialeah FL 33010,Listing Agreement:Exclusive Agency,Building Area Total:4016,Building Area Units:Square Feet,Lot Size Square Feet:6480,M I A M I R E_ For Sale Y N:1,Original List Price:1650000,Public Survey Range:31,I D X Participation Y N:1,Syndication Remarks:Mixed-use property located in East Hialeah off of Palm Ave and 16th St. Property is comprised of a mixed-use building with retail on the ground floor and residential on the 2nd floor (2/1 & 1/1). Building has separate electrical meters for all 4 units and 1 water meter. There is also a duplex behind the building each side is a 2/1. Duplex has separate water and electrical meters. Both one folio. Properties were updated. Some of the updates include: new roof, new impact windows/doors, new AC's, new Titans, new electrical and plumbing, and new concrete driveway. Plenty of parking. All upgrades were done with permit and all permits have been closed. Property Recertification Reports were done in April 2023. Rent Roll and financial analysis are under attachments in the listing.,Listing Contract Date:2024-01-11,Originating System I D:miamire,Public Survey Section:18,Street Number Numeric:1602,Tax Legal Description:18 53 41 HIALEAH 7TH ADDN PB 9-6 LOT 15 BLK 85 & 6FT ALLEY LYG W & ADJ CLOSED PER R-94-07 LOT SIZE 45.000 X 144 OR 9953-2088 0278 1,Public Survey Township:31,Originating System Name:Miami Association of REALTORS?,Sub Agency Compensation:2%,M I A M I R E_ Internet Remarks:Commercial building facing Palm Avenue with 2/1 duplex behind it. All one folio. Located in East Hialeah.,Contract Status Change Date:2024-01-11,Internet Address Display Y N:1,Transaction Broker Compensation:2%,Internet Entire Listing Display Y N:1,Transaction Broker Compensation Type:%,