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    4640 Palm Ave Hialeah, FL 33012

    For Sale
    $340,000

    Established laundry, high cash flow, prime location.

    Property size:
    1,742 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    368
    This exceptional opportunity presents a thriving, turnkey laundry business located at 4640 Palm Ave, Hialeah, Florida 33012, in Miami-Dade County. The 1,742 square foot property, built in 1977, boasts a strong, positive cash flow and is offered at an asking price of $340,000. The laundry is exceptionally well-maintained and features all new washing and drying machines, including two coin changing machines, two new commercial heaters, a new gas tank, and plumbing updated in January 2024. Equipment includes 18 dryers, two 60lb washers, eight 40lb washers, four 30lb washers, and five 20lb washers. Currently operating as a wash-and-fold, dry cleaning, self-service, and product sales business, this established laundry has been operating successfully for over 20 years. The sale includes the business name, all machinery and equipment, tables, chairs, workstations, decorations, and inventory. This turnkey operation offers significant growth potential while providing a solid foundation for immediate income generation. Its prime location at the intersection of 46th Street and Palm Avenue in Hialeah ensures high visibility and accessibility. This is a rare opportunity to acquire a profitable, established business with significant upside.

    Property Features for 4640 Palm Ave

    General Information

    Property type
    Specialty properties
    Square Feet
    1,742 SF

    Building Details

    Year Built
    1977

    HighLights

    • Turnkey laundry business in Hialeah, FL, asking $340,000.
    • 1,742 SF building, built in 1977, strong cash flow.
    • All new washers, dryers, coin changers, heaters, and updated plumbing (Jan 2024).
    • Equipment includes 18 dryers and 37 washers of varying sizes.
    • Established business (20+ years) offering wash‑and‑fold, dry cleaning, self‑service, and product sales.
    • Includes business name, all equipment, furniture, and inventory.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Hialeah Coin Laundry Laundry Beyond Clean Coin ... Laundromat

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon Food Market Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Hialeah
    County
    Miami-Dade
    State
    Florida
    Longitude
    -80.2832799
    Latitude
    25.8642291

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    FAQs

    What type of property is this?
    Specialty property - Established laundry, high cash flow, prime location.
    Where is this specialty property located?
    The property is located at 4640 Palm Ave Hialeah, FL.
    What is the asking price?
    The asking price for this property is $340,000.
    What are key features of this property?
    This property features: Turnkey laundry business in Hialeah, FL, asking $340,000.; 1,742 SF building, built in 1977, strong cash flow.; All new washers, dryers, coin changers, heaters, and updated plumbing (Jan 2024).
    Request Owner's contact information
    4640 Palm Ave Hialeah, FL 33012
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    Realmo Value Estimation

    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.

    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.

    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
    4640 Palm Ave Hialeah, FL 33012
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