4930 Palm Ave Hialeah, Florida 33012, United States
MLS#: A11667845
$6,500,000 USD
The Commercial for Sale located at 4930 Palm Ave Hialeah Florida 33012 is currently for Sale, 4930 Palm Ave Hialeah Florida 33012 is listed for $6,500,000. If the property located at 4930 Palm Ave Hialeah Florida 33012 isn't what you're looking for, search Florida Real Estate to see other Commercial for Sale in Hialeah .
Property features
Construction details
- Year built
- 1952
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.