New Listing - 05/20/2026
1950 W 54th St, #406, Hialeah, FL, 33012
2 beds
2 Full baths
1974
1,080 sqft
OPPORTUNITY KNOCKS! WEST HIALEAH REAL ESTATE PORTFOLIO! Incredible turnkey opportunity for Cash Investors of 4 strategic condo units sold together for immediate, stabilized cash flow in a high-demand submarket. Perfect for investors seeking a low-maintenance cash cow, this portfolio consists of three 2-bed/2-bath & one 2-bed/1-bath units across three premier, clustered condominium complexes: Lago Azul, Westland Eden I & Westland Eden II (MLS: A12018601, A12018600, A12018559, A12018558). Generating an attractive Gross Scheduled Income of $109,200/yr with an outstanding NOI of $77,408, it boasts an incredible 71% operating efficiency after taxes & assoc fees. Enjoy a unique investor advantage with minimal operational friction, low association fees, reserved parking, and no pending assessments in well-managed, well-funded associations. Capital improvements include regularly maintained HVAC, hot water heaters and electric as well as updated bathrooms & kitchens. The portfolio is highly stabilized with leases extending into 2027, and one unit market-ready for immediate income. Strategically located in a central commuter hub tailored for the essential workforce, tenants enjoy short commutes via the Palmetto Expressway, SR 924, and I-75. Moments from Miami International Airport, Miami Dade College, Mount Sinai Medical Center, Westland Mall, Sedanos, Publix, local schools, and the Wilde Community Center & Library. Don't miss this high-yield, turnkey investment!
Status:
Active
Type:
Condo
Furnished Remarks:
Unfurnished
Complex:
WESTLAND-EDEN CONDO I
Garage:
Assigned, Deeded, Guest, Two or More Spaces, Garage Door Opener
Heating:
Central, Electric
Cooling:
Central Air, Electric
Levels:
4
Common Charge:
$474 Monthly
Est. Taxes:
$3,396
HOA Fee
$474
Construction
Block
View Description:
Other
Amenities:
Fitness Center, Pool, Elevator(s)
Elementary School:
Dupuis; J.G.
Middle School:
Hialeah Gardens
High School:
Hialeah-Miami Lakes
Days on Market:
1
Pet Allowed:
Yes
Pet Policy:
Conditional, Yes
Appliances:
Dryer, Electric Range, Electric Water Heater, Ice Maker, Microwave, Refrigerator, Washer
Pool:
Association
MLS #:
A12018559
Community Info
School Info
Walk Score
Yelp
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Listing courtesy of Compass Florida, LLC 305-697-2904