Corner Lot Shopping
1992 E 4th Ave Hialeah, FL 33010
1992 E 4th Ave, Hialeah, FL, 33010
$5,000,000
For Sale
$5,000,000
SINGLE_FAMILY - Hialeah, FL
Property Size11,290 SF
Lot Size0.62 Acres
Price / SF$442.87
Days on Market104
Property Features for 1992 E 4th Ave
General Information
- Property type
- Residential
- Property subtype
- Retail
- Parking
- 40
- Standard status
- Active
- APN
- 04-31-07-018-1570
- Lot size
- 0.62 Acres
Taxes and HOA fees
- Tax Description
- 7-18 53 41 HIALEAH 3RD ADD PB 7-86 LOTS 1 THRU 4 BLK 118 LOT SIZE 200.00 X 135 OR 22449-4783 062004 1
- Tax Annual Amount
- 23760
Utilities
- Sewer type
- Public Sewer
- Heating system
- Natural Gas, Electric (Heating), Central
- Cooling system
- Central Air, Exhaust Fan (Cooling)
- Water source
- Public
Building Details
- Year built
- 1950
- Building materials
- Block
Listing Agency
Florida Realty of Miami Corp
(305) 598-5488
9415 SW 72nd St Suite 236, Miami, FL
Listed by
Roger Schaeffler · License #3192647
(786) 597-7460
Added: Apr 6 Checked: Jul 18 at 9:06 pm
MLS# A11983368
Copyright © 2026 Miami REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This corner-lot shopping center offers 11,290 square feet of leasable space on an oversized 27,000 square foot site. The property is zoned B-1 and features ample storefront parking, with additional parking provided in the rear. Recent exterior updates include a new roof and new paint, and a 40-year inspection has already passed.
The center sits on a main artery at E 4 Ave and is described as being blocks from State Rd. 934. The location is also described as within walking distance to Hialeah Casino, with lots of daily traffic. The site’s corner configuration supports strong visibility and flexible site layout, while the remaining land size offers possibilities for future development.
In addition to the retail plaza, the offering includes a 3/2 single-family home located on site at 366 E 20 St, Hialeah, FL 33010. This combination can be useful for owners or operators looking for a retail asset with a secondary residential component, and the B-1 zoning supports a range of commercial uses consistent with the property’s current retail character. Please do not disturb tenants.
The center sits on a main artery at E 4 Ave and is described as being blocks from State Rd. 934. The location is also described as within walking distance to Hialeah Casino, with lots of daily traffic. The site’s corner configuration supports strong visibility and flexible site layout, while the remaining land size offers possibilities for future development.
In addition to the retail plaza, the offering includes a 3/2 single-family home located on site at 366 E 20 St, Hialeah, FL 33010. This combination can be useful for owners or operators looking for a retail asset with a secondary residential component, and the B-1 zoning supports a range of commercial uses consistent with the property’s current retail character. Please do not disturb tenants.
Key Highlights
- Corner lot shopping center with B‑1 zoning on E 4 Ave, blocks from State Rd. 934 and near Hialeah Casino
- 11,290 sq. ft. of leasable space on a 27,000 sq. ft. corner lot with ample storefront parking plus rear parking
- Single‑family home included on site at 366 E 20 St, Hialeah, FL 33010
Local Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $304.8k | $27.00 |
| − Vacancy | −$24.4k | −$2.16 |
| EGI | $280.4k | $24.84 |
| − OpEx | −$84.1k | −$7.45 |
| NOI | $196.3k | $17.39 |
11,290 SF · lease $27.00/SF/yr · vacancy 8.00% · expense 30.00%
Alternative Uses
Best Use
Retail
$2.80M
$2.45M – $3.27M
NOI $196,311 @ 7.0% cap · market cap 3.93%
Second Best
Apartment 5plus
$2.16M
$1.89M – $2.52M
NOI $151,185 @ 7.0% cap · market cap 3.02%
Theoretical Best
Office A
$4.44M
$3.89M – $5.18M
NOI $311,062 @ 7.0% cap · market cap 6.22%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Fatin Inc
Grocery & Convenience Store
Similar For Sale Nearby
Similar Off Market Nearby
- Florida Shopping Center — 608 E 9th St, Hialeah, FL 33010
- Coin Cloud Bitcoin ATM — 380 e 9th st #15, hialeah, fl 33010
- Wuiwui — Unnamed Road, Hialeah, FL 33010
- Yainer Smart Phone — 800 E SE 4th Ave, Hialeah, FL 33010
- Optica T And T — 543-559 SE 9th Ave, Hialeah, FL 33010, United States
FAQs
What type of property is this?
Shopping center - B-1 zoned shopping center on a corner lot with new roof and paint, plus substantial parking and retail space.
Where is this shopping center located?
The property is located at 1992 E 4th Ave Hialeah, FL.
What is the asking price?
The asking price for this property is $5,000,000.
What are key features of this property?
This property features: Corner lot shopping center with B‑1 zoning on E 4 Ave, blocks from State Rd. 934 and near Hialeah Casino; 11,290 sq. ft. of leasable space on a 27,000 sq. ft. corner lot with ample storefront parking plus rear parking; Single‑family home included on site at 366 E 20 St, Hialeah, FL 33010
