Sold

4260 Palm Ave

Hialeah FL, 33012

$3,432,000


$354.07 per sqft

Sold

9,693 sqft

Commercial

Built in 2020

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 $160,206 / Cap 4.2%

A11113069

MLS ID

October 18, 2021

Listed

February 15, 2024

Updated

Map

4260 Palm Ave
Hialeah FL, 33012

Interior Features

Fireplace

No


Cooling

No


Heating

No

Exterior/Building Features

Lot Size

0.26 Acres

Other Property Details

Taxes

$47,526


Tax Frequency

Annually


Days on Market

276


Garage

No


Parking Total

13


View

No


County

Miami-Dade County


Pool

No


Zoning

6500


Buyer Agency Compensation

2%

Listing History

Date

Event

Price

11/10/2023

Sold

$3,432,000

Courtesy of EZ 2 Own Homes Realty, LLC with Annemarie Daruna,
Listing Contact: 305-213-9788 

Based on information from the Miami Association of REALTORS®. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS.  All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed. 

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Data last updated 7:54 AM UTC, 2/15/2024.

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