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Mixed-Use Apartment and Retail Building
For Sale
Contact for pricing
Pending

1602 Palm Ave, Hialeah, FL 33010

Remodeled two-building property with four apartments and two commercial units.

Property SizeContact for details
Days on Market148

Property Features for 1602 Palm Ave

General Information

Standard status Pending
Property subtype Special Purpose
Listing Agency: Equator Realty
Listed By: Roberto Gonzalez · License #0620347
Source: Crexi
Added: Apr 11 Changed: Aug 22 Last Checked: Sep 2 at 10:07AM

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 Equator Realty

Investment Insights

Based on property information with market context.

This remodeled mixed-use property consists of two buildings totaling four apartments and two commercial units. Improvements cited in the listing include new impact doors and windows, new central A/C, and updated bathrooms and kitchen cabinets.

The property is located in Hialeah near City Hall, at 1602 Palm Ave. The listing notes that tenants should not be disturbed, and showings are limited to outside viewing.

The owner financing option is described as available with 50% or more down. The listing also states a cap rate of 6.1% for the property.

Key Highlights

  • Remodeled two‑building property in Hialeah with 4 apartments and 2 commercial units
  • New impact doors and windows
  • New central AC

Property Analytics

Current Use

King Cafe & Coffee Shop

Suggested Use

Top Pick Real Estate Agency Parking Lot & Garage Acupuncture (Bike/Boat/Book/etc) Store Storage Facility Law Firm

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

1,660
Businesses Nearby

Demographics for 33010, FL

43,902
Population
16,456
Households
2.7
Avg Household Size
48
Median Age
20%
College-Educated
71%
High-School Grad
4.3 sq mi
ZIP Area
10,210
Density / Sq Mi
$45,449
Median Household Income
$30,466
Median Earnings
$1,318
Median Rent
$346,500
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Quadplex - Remodeled two-building property with four apartments and two commercial units.
Where is this quadplex located?
The property is located at 1602 Palm Ave Hialeah, FL.
What are key features of this property?
This property features: Remodeled two‑building property in Hialeah with 4 apartments and 2 commercial units; New impact doors and windows; New central AC
More about this property
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