20 W 40th Pl Hialeah, FL 33012

Listing office Premier Global Brokers, LLC V***@gmail.com Show Phone

Listing date Mar 10, 2026

Source Elliman

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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).

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FAQs

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).