5800 Palm Ave is a 50,786 sq ft Church in Hialeah. It was built in 1954. 5800 Palm Ave sits on 4.53 acres of land. In 2014 similar properties sold for between $3,426,024 and $9,450,259. We estimate the income value of 5800 Palm Ave at $8,902,371. The assumptions we used to calculate this value are include in the spreadsheet linked below. Hialeah is in Miami Dade County, Florida.

5800 Palm Ave Property Summary

5800 Palm Ave
FL 33012

Property Size:50,786 sq ft
Year Built:1954
Property Class:B3
Lat, Long: 25.875, -80.285

Not Offered for Sale

This property is not currently for sale by Visulate but we may be able to find something similar. Contact us for details.

Google Street View  of 5800 Palm Ave, Hialeah, FL 33012
Estimated Value: 5800 Palm Ave

Market Data

In 2014 class A church properties in Hialeah sold for $186.09 to 788.63 per sq ft with a median price per sq ft of $351.86. Class B properties sold for $67.46 to 186.08 per sq ft with a median of $103.49 and class C properties sold for $12.69 to 67.45 per sq ft with a median of $50.98.

Market Valuation

5800 Palm Ave appears to be a B Class property. Suggested value: $5,255,843

Value9,450,259 5,255,843 3,426,024

Income Valuation - Residential/Gross Lease

Visulate estimates the income value of this property is $8,902,371. Details of how we produced this estimate value appear below:

The following table shows a income valuation estimate for 5800 Palm Ave. Download a spreadsheet or click on the Estimate Cashflow link to change its estimates and assumptions. Alternatively, click on the Save button to upload a copy of the spreadsheet to Google Drive.

Monthly Rent84,051
Annual Rent per Sq Ft19.86
Gross Annual Rent1,008,610
Vacancies and Bad Debt15%
Vacancies and Bad Debt Amount151,291
HOA, Utilities and CAM0
Property Taxes124,189
Management Fees34,293
Cap Rate7
Estimated Value8,902,371
Edit Values and Estimate Cashflow Estimate Cashflow
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Page 1 of 2. Click on the Estimate Cashflow link to navigate to Page 2.

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Local Household Income

The median household income in this part of Florida is $31,638. The bottom 10% of the population earn less than $10,765 per year. The top 10% earn more than $86,090 per year. The top 1% earn more than $204,874 per year. Most renters earn between $20,712 (20th percentile) and $34,728 (80th percentile) per year. Someone earning the median household income in this area is likely to qualify for a mortgage between $63,276 and $79,095.

Source: US Census American Community Survey - 2008-2012 ACS 5-year PUMS estimates

Local Rents

The median monthly rent in this part of Florida is $902. Most renters earn between $1,726 and $2,894 per month. They typically spend 42% of their monthly income on rent. Most rents fall in the $597 (20th percentile) to $1,181 (80th percentile) range. The residential vacancy rate is 5%.


  1. 5800 Palm Ave, Hialeah, FL on Google Maps
  2. 5800 Palm Ave Walkscore
  3. Hialeah, FL Property Values on Trulia
  4. Search for EPA and DEP Cleanup Sites

Owner Details

Companies at this Address

  1. Principal Address for Iglesia Evangelica Agape, Inc.
  2. Principal Address for North Hialeah Baptist Church, Inc.
  3. Principal Address for Success At Work Inc.
  4. Mailing Address for North Hialeah Baptist Church, Inc.

Companies near this Address

  1. Hold The Line Clothing LLC (49 W 58 Terrace)
  2. Ghost Box, LLC (75 West 59th St)
  3. Medical Insurance Care, Inc (110 W 57th St)
  4. Amitaely Construction Corp (85 West 57 Street)
  5. Palacio Architecture Inc (145 West 57 Street)
  6. Business Care Solutions Inc (115 West 57 Street)
  7. The Almond Tree Group Corp (160 West 58 Street)
  8. Simplified Solutions, LLC (80 West 58 Street)
  9. Success At Work Inc. (5800 Palm Ave)
  10. Iglesia Evangelica Agape, Inc. (5800 Palm Ave)
  11. North Hialeah Baptist Church, Inc. (5800 Palm Ave)
  12. Mondujar Holdings, LLC (175 West 58 Terrace)
  13. Mudejar, Inc (175 West 58 Terrace)
  14. La Lutecia Corp (175 W 58 Terrace)
  15. Lofes Corp (175 W 58 Terrace)
Disclaimers and Disclosures

Public Records Data

The information on this page was compiled from public records. It is deemed reliable but not guaranteed to be an accurate snapshot of the property details at the time the snapshot was taken. All information should be independently verified.

The Visulate site was produced from data and information compiled from recorded documents and/or outside public and private sources. Visulate is not the custodian of public records and does not assume responsibility for errors or omissions in the data it displays or for its misuse by any individual.

In the event of either error or omission, Visulate and any 3rd party data provider shall be held harmless from any damages arising from the use of records displayed on the site.