Mixed Use For Sale
4930 Palm Ave, Hialeah, FL 33012

$6,500,000
For Sale
Mila Bogatov
Mila Bogatov
Luxury Real Estate Broker

Details


  • MLS Number:A11667845
  • Virtual Tour: YES
  • List Price: $6,500,000
  • Taxes:$14,330
  • Year Built:1952
  • Listing Date:September 29, 2024
  • Days On Market:46

Description


Located in the heart of Hialeah, this property consists of four contiguous lots totaling 58,046 sqft, offering a prime opportunity for development. With Hialeah's growth and incentives like the Urban Development Boundary (UDB), Neighborhood Business District (NBD) Overlay, and Florida's LiveLocal legislation, the area is ready for transformation. To develop residential units under LiveLocal, a land use conversion to Commercial is needed, enabling construction of up to 70 units per acre. Currently zoned as RO (Residential Office), the property has potential for rezoning to B-1 Highly Restricted Retail, which supports a wide range of office, retail, and service businesses.

Features


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Location


Price History


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Mila Bogatov
Mila Bogatov
Luxury Real Estate Broker