Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Hialeah Retail Space on Palm Title is generated by Realmo AI

    4658 Palm Ave, Hialeah, FL 33012

    View on Map
    Claim this Listing
    New
    For Lease
    $23 SF/Yr $15,333/Mo (calc)

    Retail - Hialeah, FL

    Type:Retail
    Property size:
    8,000 SF
    Lot size:
    0.46 Acres
    Added:
    May 26, 2026
    Days on Market:
    5
    Last Refresh:
    May 30 at 1:06 am

    Property Features for 4658 Palm Ave

    General Information

    Property type
    Commercial Lease
    Property subtype
    Retail
    Zoning
    6500
    Parking features
    Guest
    Standard status
    Active
    APN
    04-31-06-045-0060
    Size
    8,000 SF
    Lot size
    0.46 Acres

    Building Details

    Year built
    1977
    Flooring type
    Tile, Tile - Ceramic
    Building materials
    Block
    Architectural style
    Other

    We can help!

    Listing Contact
    Rafael Rodriguez Jr.

    Listing agent Rafael Rodriguez Jr. License #0600738

    Listing office BHHS EWM Realty 550 South Dixie Highway, MIAMI, FL

    Listing date May 26, 2026

    MLS# A11968144 Listing URL

    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.

    HighLights

    • 8,000 sq ft space ideal for a banquet hall, fitness center/gym, medical office, or adult day care.
    • Divisible space: Easily split into 5,500 sq ft and 2,500 sq ft units.
    • Excellent exposure on Palm Ave.
    • Equipped for events with stages, bars, kitchen, and bathrooms.
    • Ample parking with 42 spaces.
    • Durable block construction with tile flooring.

    Overview

    Located on Palm Avenue in Hialeah, Florida, this 8,000 square foot space offers excellent exposure and is suitable for a banquet hall, fitness center/gym, medical office, or adult day care center. The space can be divided into two units of 5,500 and 2,500 square feet. Currently configured as two separate event rooms, the property includes stages, bars, a kitchen, and bathrooms. The site provides 42 parking spaces. The lot size is 0.4649 acres.
    Property Profile Location Intelligence

    Current Use by Public Records

    Safani Signature Events Hotel & Motel Obsession Ballroom Miami Wedding Service Palm View Plaza Wedding Service

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Hialeah
    County
    Miami-Dade
    State
    Florida
    Longitude
    -80.283031
    Latitude
    25.864747

    Nearby Similar for Lease

    • $1,620/Mo
      555 SF

      Hialeah Office Space For Rent

      Prime Hialeah office space in high-traffic shopping center.
      4355 W 16th Ave, Hialeah, FL 33012
      View Details
    • $3,500/Mo
      1,200 SF

      Hialeah Retail/Office Space Available

      Second-floor retail/office space in high-demand commercial corridor.
      4355 W 16th Ave, Hialeah, FL 33012
      View Details
    • $3,500/Mo
      850 SF

      Hialeah Retail Space For Rent

      Prime retail space in high-traffic Hialeah corridor, ready for occupancy.
      1352 E 4th Ave, Hialeah, FL 33010
      View Details
    • $20 SF/Yr
      6,700 SF

      Hialeah Industrial Space Available

      Versatile industrial property with warehouse and office space in Hialeah.
      2290 W 8th Ave, Hialeah, FL 33010
      View Details
    • $5,500/Mo
      2,152 SF

      Hialeah Medical/Professional Office Space

      Corner unit ideal for medical or professional practice in Hialeah.
      4445 W 16th Ave, Hialeah, FL 33012
      View Details
    • $3,200/Mo
      500 SF

      Retail Space in Busy Hialeah

      500 SF retail space in high-traffic Hialeah location.
      1352 E 4th Ave, Hialeah, FL 33010
      View Details
    • $32 SF/Yr
      1,491 SF

      Hialeah Office Space For Rent

      1,491 sq ft office space in Hialeah, Florida.
      4201 Palm Ave, Hialeah, FL 33012
      View Details
    • $2,250/Mo
      1,100 SF

      Hialeah Retail Space For Rent

      Versatile commercial space in East Hialeah, ideal for various businesses.
      330 W 9th St, Hialeah, FL 33010
      View Details
    • $400/Mo
      180 SF

      Office Space in Miami Lakes

      Private office suite available for rent in Hialeah, Florida.
      15271 NW 60 Street, Hialeah, FL 33014
      View Details
    • $4,750/Mo
      2,408 SF

      Hialeah Mixed-Use Office/Warehouse Space

      2,408 SF mixed-use property with office and warehouse space.
      6073 NW 167th St, Hialeah, FL 33015
      View Details
    • $16 SF/Yr
      5,000 SF

      Hialeah Industrial Warehouse for Lease

      Move-in ready warehouse with carpentry license in place.
      733 W 26th St, Hialeah, FL 33010
      View Details
    • $3,500/Mo
      750 SF

      Hialeah Retail Space Available

      Prime retail space in high-traffic Hialeah corridor, ready for occupancy.
      1352 E 4th Ave, Hialeah, FL 33010
      View Details

    FAQs

    What type of property is this?
    Retail space - 8,000 square foot space ideal for various commercial uses.
    Where is this retail space located?
    The property is located at 4658 Palm Ave Hialeah, FL.
    What is the lease rate?
    The lease rate is $23 SF/Yr.
    What are key features of this property?
    This property features: 8,000 sq ft space ideal for a banquet hall, fitness center/gym, medical office, or adult day care.; Divisible space: Easily split into 5,500 sq ft and 2,500 sq ft units.; Excellent exposure on Palm Ave.
    (305) 986-9114
    We can help!
    Listing Contact
    Rafael Rodriguez Jr.
    Real Estate License ID: 0600738
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    4658 Palm Ave, Hialeah, FL 33012
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!