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Hialeah Rezoned Lot For Sale
For Sale
$1,390,000

20 W 40th Pl, Hialeah, FL 33012

Rezoned lot approved for mixed-use development near Palm Avenue.

Property SizeContact for details
Lot Size0.33 Acres
Days on Market150

Property Features for 20 W 40th Pl

General Information

Standard status Active
Lot size 0.33 Acres
Property subtype Commercial
Listing Agency: Premier Global Brokers, LLC
Listed By: Valka Rodriguez · License #3255357
Source: Elliman
Added: Mar 10 Changed: Jul 6 Last Checked: Aug 5 at 11:55AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Premier Global Brokers, LLC

Investment Insights

Based on property information with market context.

This rezoned lot, located steps from Palm Avenue, has received approval for the construction of a four-story building with a terrace. The approved plans include 12 residential units, two commercial spaces, and 26 parking spaces. The property is zoned R-3-3 (Multiple-Family District). The price covers the lot and the preliminary proposed plans approved by the City of Hialeah to obtain the rezoning. No permits have been opened. The same project must be developed, but changes can be requested through another hearing.

Key Highlights

  • Approved for a four‑story building with 12 units, two commercial spaces, and a terrace.
  • Includes 26 parking spaces.
  • Rezoned R‑3‑3 (Multiple‑Family District).

Property Analytics

Current Use

Commercial land

Suggested Use

Top Pick Real Estate Agency Law Firm Parking Lot & Garage Bar & Pub Skin Care Clinic Carpet & Flooring Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,751
Businesses Nearby

Demographics for 33012, FL

70,260
Population
25,923
Households
2.7
Avg Household Size
48
Median Age
18%
College-Educated
72%
High-School Grad
5.9 sq mi
ZIP Area
11,908
Density / Sq Mi
$45,818
Median Household Income
$32,039
Median Earnings
$1,562
Median Rent
$355,600
Median Home Value
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Commercial land - Rezoned lot approved for mixed-use development near Palm Avenue.
Where is this commercial land located?
The property is located at 20 W 40th Pl Hialeah, FL.
What is the asking price?
The asking price for this property is $1,390,000.
What are key features of this property?
This property features: Approved for a four‑story building with 12 units, two commercial spaces, and a terrace.; Includes **26 parking spaces**.; Rezoned R‑3‑3 (Multiple‑Family District).
More about this property
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