20 40Th PlHialeah, FL 33012

This exceptional 1.8 million dollar commercial land opportunity in Hialeah, Florida, presents a unique investment prospect. Situated at 20 W 40th Pl, 33012, this prime location is just steps from the renowned Palm Avenue, offering unparalleled accessibility and visibility. The property, recently rezoned as R-3-3 (Multiple-Family District), has received approval for a substantial development project. Plans encompass a four-story building featuring twelve residential units, a dedicated commercial space ideal for a variety of businesses, and ample parking with twenty-six spaces. The inclusion of a terrace adds to the appeal and functionality of the building design. This development presents a significant opportunity to capitalize on the growing demand for residential and commercial properties in this vibrant area of Miami-Dade County. The approved plans provide a clear pathway to construction, minimizing pre-development hurdles and accelerating the return on investment. This is a rare chance to acquire a fully permitted and ready-to-build commercial land parcel in a high-demand location. The property's strategic location and approved development plans make it an attractive investment for both experienced developers and those seeking a high-yield opportunity. The approved building plans offer a detailed blueprint for a successful project, minimizing risk and maximizing potential returns. This is a turnkey opportunity to build a profitable mixed-use development in a thriving Florida market.