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CommercialFor Sale
$6,500,000
4930 Palm Ave
Hialeah, FL 33012
Courtesy of Fausto Commercial Realty Consultants Inc
MLS: MIAMI Association of REALTORS
Est. Mortgage
$33,652/mo
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.
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