Premier Properties is pleased to present Palm Mixed Use located at 2692 Palm Ave Hialeah, FL. 33010. The properties unit mix consist of a restaurant, three warehouses with a mezzaning storage. Originally built in 1953 and in 2008, the two story warhouse was added for a total of 3,675 sqaure foot of construction. Positioned on a corner lot spanning 8,750 square feet in C-2 zoning, this property offers excellent visibility on Palm Avenue. With all three tenants on month to month agreements and recent completion of 40-year recertifications, this turnkey investment includes valuable licenses for new and used tires, electronics, wiring, speakers, alarms, shop installations, and a restaurant serving takeout food and wine/beer.
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$10K
Per Month
Principal & Interest
$9,982
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$6,063
Powered By
Advertisement
NMLS#3030
Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
7
/10
Mae M. Walters Elementary School
650 W 33rd St
Distance between this listing and this school0.85 miles
Public District Grades PK-5
5
/10
Imater Academy
600 W 20th St
Distance between this listing and this school0.87 miles
Public Charter Grades KG-5
7
/10
Flamingo Elementary School
701 E 33rd St
Distance between this listing and this school1.06 miles
Public District Grades PK-5
Nearby Schools
4
/10
Henry H. Filer Middle School
531 W 29th St
Distance between this listing and this school0.69 miles
Public District Grades 6-8
6
/10
Imater Academy Middle School
651 W 20th St
Distance between this listing and this school0.88 miles
Public Charter Grades 6-8
3
/10
Excelsior Language Academy of Hialeah
369 E 10th St
Distance between this listing and this school1.14 miles
Public Charter Grades KG-8
Nearby Schools
5
/10
Imater Preparatory Academy High School
651 W 20th St
Distance between this listing and this school0.89 miles
Public Charter Grades 9-12
5
/10
Miami Springs Senior High School
751 Dove Ave
Distance between this listing and this school1.29 miles
Public Magnet Grades 9-12
4
/10
Hialeah Senior High School
251 E 47th St
Distance between this listing and this school1.40 miles
The neighbors living near this home have an average income of $20,041. The most common annual income of people living in Hialeah, FL is less than $35k. Residents typically live in single, no kids family. The most common level of education of people living in this area is high school diploma.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 2692 Palm Ave
What is the listing price of this property?
The listing price of 2692 Palm Ave property is $2,000,000.
What type of property is this?
The property 2692 Palm Ave is land located in Hialeah, Florida, 33010.
Is this property for sale now?
Active Listing: 2692 Palm Ave is For Sale (Active/New) which means the seller is accepting offers.
What is the annual property tax for this property?
According to the records, the last property tax for 2020 is $5,074 (source: MLS/based on county public records data).
By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system, AI voice, or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.
This home is located at 2692 Palm Ave in Hialeah, FL and zip code 33010. This home sits on a 0.20 acre lot. It has been listed on Rocket Homes since June 26, 2024 and is currently priced at $2,000,000.
While more than 10 listings in Hialeah, FL in October 2024 were sold above asking price, there were more than 17 listings sold at asking price, and more than 63 were sold below. The inventory of homes for sale in Hialeah, FL between September 2024 and October 2024 increased by 9.6%. Listings spent 52 days on the market in October 2024, and had a median list price of $463,609 during the same period.
From Rocket Homes Real Estate and based on county public records data.
© 2024 Miami Association of REALTORS®. All rights reserved. The data relating to real estate on this web site comes in part from the Internet Data Exchange program of the MLS of the Miami Association of REALTORS®. All information is deemed reliable but not guaranteed by the MLS and should be independently verified. The MLS, this broker and their affiliates provide all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This property is offered without respect to any protected classes in accordance with the law.
Pro Boxing
Pro Boxing
Mexican League Soccer
Major League Soccer (MLS)
H&M
Burlington
Foot Locker
Boston Market
White Castle
Little Caesars
Honda
Kia
Dodge
Rhythmic Contemporary Hits
Urban Adult Contemporary