1366 Palm Ave, Hialeah FL 33010

Closed

$1,250,000

Est. Payment $6,653/mo

MLS Sheet Video

1953

Year Built

Stories

118

Days on Market

Description

Corner retail strip center in the heart of Hialeah, in the busy Palm Ave. Located within Hialeah Downtown Urban District. Zone C-2, Commercial/Residential with redevelopment potential for retail/residential mixed use. Just south of Hialeah Casino Racetrack, a few minutes to Hialeah Hospital, Okeechobee Rd, Palmetto ExpresswayCorner and 10 min from MIA Airport. Hialeah is the second largest city in Miami Dade with a strong middle class base. Always fully rented, has not had a vacancy in 20 years. Originally divided into 6 stores but currently has 3 tenants as follows: Laundry has 3 spaces, beauty salon has 2 spaces and cargo business has one space. Building has passed the 50 year certification.

Facts

MLS#: A10997789
Subdivision: —
Property Type: Commercial Sale
Property Sub Type: Retail
Year Built: 1953
Lot Size: 12,420 ft²
Sq. Ft.: —
Sq. Mt.: —
Price per sq. ft.: —
Price per sq. mt.: —
Stories: 1
Garage: —
Pool: —
Days on Market: 118 days
Listed: Feb 10, 2021
Last Updated: Jul 27, 2021
Price/Lot Sq.Ft.: $101/ft²

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Market insights for Hialeah

Live MLS-derived activity. Forecast is a conservative rule-of-thumb estimate — not a guarantee.

Sellers market

June 2026

100/100

Buyers marketSellers market

Median days to sold

+4.5%

1-year price forecast (est.)

Price & tax history

From the live MIAMI MLS feed. Older history requires the ListingHistory resource (not yet enabled).

7/27/2021	Sold	$1,250,000
2/10/2021	Listed for sale	$1,250,000

History reflects fields present on the live MLS record. Full multi-year history requires the MIAMI ListingHistory resource (not yet enabled).

Location

1366 Palm Ave, Hialeah FL 33010Directions

GreatSchools Summary Ratings

Public + private K-12 schools within 5 miles of this listing.

Le Petit Papillon Montessori School
PK,TK,KG,1,2,3,4,5 · private · 0.1 mi
Gan Katan
PK,KG,1,2,3,4 · private · 0.1 mi
Happy Kids Private School
KG,1,2 · private · 0.3 mi
Holy Spirit Church & Inst / Miami Beach Academy
PK,KG,1 · private · 0.3 mi
Kid's Choice Learning Center
PK,TK,KG,1 · private · 0.3 mi
Temple Menorah Early Childhood Center
PK,KG · private · 0.5 mi
Biscayne Elementary School
PK,KG,1,2,3,4,5 · public · 0.5 mi
Kinderland4kidz LLC
KG · private · 0.7 mi
Yeshiva Elementary
PK,KG,1,2,3,4,5,6,7,8 · private · 0.7 mi
Stars Learning Day Care Center
PK,TK,KG,1 · private · 1.0 mi

Estimated Monthly Payment

$7,845/mo

Principal & Interest

$6,653

Property Tax

$1,042

Insurance

$150

HOA

Down Payment20% ($250,000)

Interest Rate7.00%

Loan Term30 years

Property Tax Rate1.00% (FL avg ~1.0%)

HOA / Maintenance$0/mo

Insurance$150/mo

Estimates only. Actual payment depends on credit, lender, insurance carrier, and FL/Miami-Dade specifics. Contact Rangely for a precise quote.

Rangely Adames

Sales Associate | Sunland Group

(954) 833-0020 info@rangelyadames.com

Hablo Español

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