ActiveMixed Use
4260 Palm Ave, Hialeah FL 33012
Hialeah, FL 33012 · MLS #A12089238The residence
About this property
Rare opportunity to acquire a fully occupied, newer-construction mixed-use property in the heart of Hialeah. Built in 2020, the three-story building includes 12 one-bedroom, one-bathroom apartments and two ground-floor retail spaces occupied by one commercial tenant. The property generates $25,192 in monthly rental income, or $302,304 annually, offering a 5.23% in-place cap rate with the potential to reach approximately 5.65% as below-market residential rents are increased to market. Each apartment offers approximately 650 SF and features impact windows and doors, central A/C, granite kitchen countertops, ceramic tile flooring, and an in-unit washer and dryer. Separate water and electric meters help control operating expenses. The approximately 1,300 SF retail component diversifies the income stream. Situated on an 11,508 SF lot along highly visible Palm Avenue, the property provides 13 parking spaces. This stabilized asset combines strong current cash flow, newer construction, limited anticipated capital needs, and identifiable rental upside in one of South Florida’s most supply-constrained rental markets.
At a glance
Property details
- Property type
- Mixed Use
- Listing type
- For sale
- Status
- Active
- Year built
- 2020
- Lot size
- 11,508 sq. ft.
- County
- Miami-Dade County
- Days on market
- 0
- Original list price
- $3,700,000
- Listing date
- September 15, 2026
- Listing agent
- Joshua Cadillac
- Listing office
- Real Estate Empire Group, Inc.
- MLS number
- A12089238
Neighborhood & location
Explore Hialeah
Review nearby homes, local services, commute routes, schools, flood information, and community rules as part of your due diligence. Neighborhood information can change and should be verified with the appropriate local authority.
Schools
School information
- School district
- Miami-Dade County Public Schools
Plan your purchase
Mortgage calculator
- Principal & interest
- $18,709
- Property taxes
- $0
- Homeowners insurance
- $1,850
- Estimated total
- $20,559
Estimate only. Taxes, insurance, association fees, PMI, interest rate, and lender terms vary. Confirm the actual payment and closing costs with a licensed mortgage professional. Review Florida mortgage and pre-approval guidance.
Listing courtesy of Real Estate Empire Group, Inc., 305-592-1588.
Data provided by MIAMI Association of REALTORS®. Information is deemed reliable but is not guaranteed accurate by the MLS and should be independently verified. Property availability, price, and details are subject to change without notice.