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Three-Story Mixed-Use Property
New
For Sale
$3,700,000

4260 Palm Ave, Hialeah, FL 33012

Commercial Sale, Hialeah, FL

Property SizeContact for details
Lot Size0.26 Acres
Days on Market2

Property Features for 4260 Palm Ave

General Information

Property type Commercial Sale
Property subtype Other
Zoning description 6500
Subdivision 31
Standard status Active
APN 04-31-06-045-0470
Lot size 0.26 Acres

Taxes and HOA fees

Tax Description 6 53 41 .26 AC M/L SUB PB 7-113 E157FT OF S73.3FT OF N1/2 OF TRACT 27 LOT SIZE 11508 SQUARE FEET OR 18899-0429 1099 5 COC 22175-3307 03 2004
Legal Description 6 53 41 .26 AC M/L SUB PB 7-113 E157FT OF S73.3FT OF N1/2 OF TRACT 27 LOT SIZE 11508 SQUARE FEET OR 18899-0429 1099 5 COC 22175-3307 03 2004

Amenities

impact windows and doors
central A/C
granite kitchen countertops
ceramic tile flooring
in-unit washer and dryer

Building Details

Year built 2020
Flooring type Tile
Listing Agency: Real Estate Empire Group, Inc.
Listed By: Joshua Cadillac · License #3206889
Added: Sep 15 Last Checked: Sep 16 at 12:06PM
MLS# A12089238

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.

Built in 2020, this three-story mixed-use property contains 12 one-bedroom, one-bathroom apartments alongside two ground-floor retail spaces occupied by one commercial tenant. Each apartment measures approximately 650 SF and includes impact windows and doors, central A/C, granite kitchen counters, ceramic tile flooring, and an in-unit washer and dryer. Separate water and electric meters serve the residential units. The property is fully occupied and carries a 5.23% in-place cap rate.

The approximately 1,300 SF retail component adds a commercial element to the residential configuration. Positioned along Palm Avenue in Hialeah, the property sits on an 11,508 SF lot and provides 13 parking spaces. The building’s combination of residential units, retail space, newer construction, and distinct utility metering creates a diversified mixed-use format.

Key Highlights

  • 12 one‑bedroom, one‑bathroom apartments
  • Two ground‑floor retail spaces occupied by one commercial tenant
  • Built in 2020 with approximately 650 SF per apartment

Property Analytics

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Current Use

El Flaco Supermarket Specialty Food Shop FORTUNA Tax & Immigration ... Consultant

Suggested Use

Top Pick Real Estate Agency Parking Lot & Garage Law Firm Carpet & Flooring Store Garden Center Butcher

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

Lease Details

12
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

1,694
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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?
Mixed-use property - Fully occupied Hialeah property combines apartment residences with ground-floor retail space and separate utility metering.
Where is this mixed-use property located?
The property is located at 4260 Palm Ave Hialeah, FL.
What is the asking price?
The asking price for this property is $3,700,000.
What are key features of this property?
This property features: 12 one‑bedroom, one‑bathroom apartments; Two ground‑floor retail spaces occupied by one commercial tenant; Built in 2020 with approximately 650 SF per apartment
More about this property
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