Price Check
How this price compares
- List price
- $3,700,000
- Price per sq ft
- N/A
- Original price
- Unchanged
- Days on market
- N/A
This commercial property in ZIP 33012 is listed at $3,700,000.
Estimated monthly payment
$19,445 /mo
Principal and interest only, based on $740,000 down (20%), a 6.875% 30-year fixed rate. Property taxes, homeowners insurance are not included.
Customize this estimateListing Snapshot
- Price
- $3,700,000
- Days on Site
- 0 Days
- Bedrooms
- 0
- Total Baths
- 0
- Total Sq Ft
- 9,693 sqft
- Lot Size
- 0.26 Acres
- Year Built
- 2020
- Property Type
- Commercial
- MLS #
- A12089238
- County
- Miami Dade
- Status
- Active
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.
Virtual TourGeneral Features
- Property Type
- Commercial
- Status
- Active
- Year Built
- 2020
- Property Condition
- Resale
- Lot Size (Acres)
- 0.26
- Total Sq Ft
- 9,693
- Structure Type
- Retail
- Zoning
- 6500
Interior Features
- Flooring
- Tile
Community & HOA
- MLS Area
- 2310
About the Area
Browse Hialeah homes for sale across every neighborhood and price point in Miami-Dade. Available homes span single-family, townhome, and condo segments throughout the city. Hialeah includes gated golf communities, 55+ active adult neighborhoods, waterfront estates, and newer master-planned subdivisions. HOA fees vary by community type, from modest maintenance fees in non-gated subdivisions to higher dues in full-amenity country clubs. The city sits within Miami-Dade, offering access to South Florida beaches, major employment centers, and healthcare hubs. For current Miami-Dade market data, see Florida Realtors' monthly statistics. Browse the latest Hialeah listings below. Then connect with a Pure Equity agent to schedule a private showing.
- Homes for Sale
- 1,056
- Median List Price
- $480,000
- Median $/Sq Ft
- $325
- Avg Days on Market
- 118
Frequently Asked Questions
- How do I schedule a tour of 4260 Palm Avenue, Hialeah, FL 33012?
- Use the Tour button on this listing to request a showing of 4260 Palm Avenue, Hialeah, FL 33012. Pick a day and time and choose an in-person or video-chat tour, and a Pure Equity agent will confirm your visit, often the same day.
- Is 4260 Palm Avenue, Hialeah, FL 33012 still available?
- 4260 Palm Avenue, Hialeah, FL 33012 is currently listed as Active. Status updates directly from the MLS as homes go under contract, so ask us to confirm availability before you plan a visit.
- How much is the monthly payment for 4260 Palm Avenue, Hialeah, FL 33012?
- With 20% down ($740,000) on the $3,700,000 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 4260 Palm Avenue, Hialeah, FL 33012 is about $19,445/mo, before property taxes, insurance. Use the payment estimate on this page to adjust the down payment and rate.
- How do I get pre-approved to buy 4260 Palm Avenue, Hialeah, FL 33012?
- Getting pre-approved shows sellers you're a serious buyer and clarifies your true budget before you offer on 4260 Palm Avenue, Hialeah, FL 33012. Contact Pure Equity and we'll connect you with a trusted local lender to review your financing options, no obligation.
- Can I negotiate the price of 4260 Palm Avenue, Hialeah, FL 33012?
- Often, yes. The right offer on 4260 Palm Avenue, Hialeah, FL 33012 depends on how it's priced against comparable commercial sales in Hialeah, how long it's been listed, and how motivated the seller is. Pure Equity will run the comps and help you craft a competitive, well-supported offer.
Listing courtesy of Real Estate Empire Group, Inc.
Listing information is provided by BeachesMLS, Inc.and is deemed reliable but not guaranteed accurate by the MLS or Pure Equity. Information is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties. © 2026 BeachesMLS, Inc. Last updated September 15, 2026.
$3,700,000
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Listed by Joshua D Cadillac, Real Estate Empire Group, Inc.
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Recent Sales
Recently sold homes in ZIP 33012
These are the last 6 recorded closings in ZIP 33012, with the price each home actually sold for rather than what it was listed at. They closed at a median of $285 per square foot. The most recent closed on October 5, 2026. Closed sales are what an appraiser and a buyer's agent will look at, so they are the starting point for pricing a home here.
Sold$175,000
Sold · October 5, 2026
1305 W 46th Street 108
1 bed · 1 bath · 743 sqft · $236/sqft
$12,000 under the asking price
Sold$10,300,000
Sold · October 2, 2026
4355 W 16th Avenue
0 bed · 0 bath
$1,300,000 under the asking price
Sold$170,000
Sold · September 30, 2026
4655 Palm Avenue 124
1 bed · 1 bath · 596 sqft · $285/sqft
$5,000 under the asking price
Sold$262,000
Sold · September 29, 2026
1820 W 53rd Street 204
3 bed · 2 bath · 994 sqft · $264/sqft
$13,000 under the asking price
Sold$280,000
Sold · September 29, 2026
1701 W 42nd Place 10
2 bed · 1.5 bath · 884 sqft · $317/sqft
Sold$790,000
Sold · September 22, 2026
1700 W 64th Street
3 bed · 2 bath · 2,368 sqft · $334/sqft
$35,000 under the asking price
See every recorded sale in ZIP 33012 or find out what your ZIP 33012 home is worth.
