Log In/Sign Up
Your email has been sent.
8012 21st Ct - PALMETO LAKE PLAZA B CONDO 1,490 SF Industrial Condo Unit Offered at $490,000 in Hialeah, FL 33016
Executive Summary
Palmetto Lakes Plaza B Condominium is a multi-tenant, small-bay industrial complex located within Hialeah’s established commercial corridor. The property is designed primarily for light industrial, warehouse storage, distribution, and commercial service operators.
1 Unit Available
- Unit
- Unit Size
- Condo Use
- Price
- NOI
| Sale Type | Investment | No. Parking Spaces | 2 |
| Cap Rate | 5.55% |
| Sale Type | Investment |
| Cap Rate | 5.55% |
| No. Parking Spaces | 2 |
Description
Centrally located in Hialeah, this fully leased industrial unit offers seamless connectivity to I-95, Florida’s Turnpike, Miami International Airport, and the Port of Miami. Featuring clear ceiling heights of 20 feet and an 18-foot roll-up bay door, the versatile space is ideal for storage, distribution, or light manufacturing.
Currently generating $2,800/month across two month-to-month tenants, the property offers immediate cash flow with value-add upside through rent optimization. Key building updates include a complete 40-year recertification and a three-year-old roof. Low HOA fee of $140/month.
Owner financing available: Flexible seller financing terms are offered for qualified buyers across multiple price points.
Currently generating $2,800/month across two month-to-month tenants, the property offers immediate cash flow with value-add upside through rent optimization. Key building updates include a complete 40-year recertification and a three-year-old roof. Low HOA fee of $140/month.
Owner financing available: Flexible seller financing terms are offered for qualified buyers across multiple price points.
Sale Notes
- **Turnkey Small-Bay Space:** Discover an adaptable industrial condo bay perfectly suited for warehouse distribution, last-mile storage, light manufacturing, or trade services.
- **Prime Submarket Position:** Experience the advantage of being at 8071 W 21st Ct, Unit 15B, strategically placed within Hialeah’s sought-after industrial sector, off West 21st St and NW 82nd Ave.
- **Seamless Arterial Connectivity:** Benefit from immediate access to I-75, SR 826 (Palmetto Expressway), and Florida’s Turnpike, ensuring effortless movement of freight across tri-county regions.
- **Strategic Tri-County Access:** Take advantage of quick commutes to key areas such as Miami-Opa Locka Executive Airport, MIA, Doral, Medley, Miami Lakes, and Hialeah Gardens.
- **Prime Submarket Position:** Experience the advantage of being at 8071 W 21st Ct, Unit 15B, strategically placed within Hialeah’s sought-after industrial sector, off West 21st St and NW 82nd Ave.
- **Seamless Arterial Connectivity:** Benefit from immediate access to I-75, SR 826 (Palmetto Expressway), and Florida’s Turnpike, ensuring effortless movement of freight across tri-county regions.
- **Strategic Tri-County Access:** Take advantage of quick commutes to key areas such as Miami-Opa Locka Executive Airport, MIA, Doral, Medley, Miami Lakes, and Hialeah Gardens.
| Unit | Unit Size | Condo Use | Price | NOI |
| Unit 15B | 1,490 SF | Industrial | $490,000 ($328.86/SF) | $27,195 |
Unit 15B
| Unit Size |
| 1,490 SF |
| Condo Use |
| Industrial |
| Price |
| $490,000 ($328.86/SF) |
| NOI |
| $27,195 |
1 of 1
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
Unit 15B
| Unit Size | 1,490 SF |
| Condo Use | Industrial |
| Price | $490,000 ($328.86/SF) |
| NOI | $27,195 |
| Sale Type | Investment |
| Cap Rate | 5.55% |
| No. Parking Spaces | 2 |
| Description | |
|
Centrally located in Hialeah, this fully leased industrial unit offers seamless connectivity to I-95, Florida’s Turnpike, Miami International Airport, and the Port of Miami. Featuring clear ceiling heights of 20 feet and an 18-foot roll-up bay door, the versatile space is ideal for storage, distribution, or light manufacturing. Currently generating $2,800/month across two month-to-month tenants, the property offers immediate cash flow with value-add upside through rent optimization. Key building updates include a complete 40-year recertification and a three-year-old roof. Low HOA fee of $140/month. Owner financing available: Flexible seller financing terms are offered for qualified buyers across multiple price points. |
|
| Sale Notes | |
|
- **Turnkey Small-Bay Space:** Discover an adaptable industrial condo bay perfectly suited for warehouse distribution, last-mile storage, light manufacturing, or trade services. - **Prime Submarket Position:** Experience the advantage of being at 8071 W 21st Ct, Unit 15B, strategically placed within Hialeah’s sought-after industrial sector, off West 21st St and NW 82nd Ave. - **Seamless Arterial Connectivity:** Benefit from immediate access to I-75, SR 826 (Palmetto Expressway), and Florida’s Turnpike, ensuring effortless movement of freight across tri-county regions. - **Strategic Tri-County Access:** Take advantage of quick commutes to key areas such as Miami-Opa Locka Executive Airport, MIA, Doral, Medley, Miami Lakes, and Hialeah Gardens. |
Property Facts
The following property facts, amenities, and utilities apply to the entire building. Details for individual condo units may vary and are listed in the unit information above.
Amenities
- 24 Hour Access
Utilities
- Lighting
- Water
- Sewer
1 1
Moderately walkable
70/100
Exceptionally drivable
90/100
Somewhat bikeable
20/100
1 of 2
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
1 of 1
Contact the Sale Advisor
8012 21st Ct - PALMETO LAKE PLAZA B CONDO