Commercial property in Hialeah, Florida № 1383572

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Commercial property in Hialeah, Florida № 1383572
ID1383572 $ 6 500 000
  • EUR €
  • USD $
  • RUB ₽
  • GBP £

Property 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.
MLS #: A11667845
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CityHialeah
Address4930 Palm Ave, Hialeah FL 33012
TypeCommercial property
Completion dateIV quarter, 1952
Price
  • Price
  • per m²
$ 6 500 000
  • EUR €
  • USD $
  • RUB ₽
  • GBP £