$260,000 ($240.74 per sqft)

Est. Mortgage $1,313/mo *

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1950 W 54th Street, #406, Hialeah, FL, 33012

1950 W 54th Street, #406, Hialeah, FL, 33012
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2 beds

2 Full baths

1974

1,080 sqft

ELITE 4-UNIT CONDO INVESTMENT PACKAGE IN WEST HIALEAH, 4-UNITS SOLD JOINTLY ONLY. Incredible turnkey opportunity for Cash Investors of 4 condo units sold jointly for high-ROI 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 (New roof in progress), 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. 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 maintained HVAC, hot water heaters & electric as well as updated bathrooms & kitchens. The portfolio is highly stabilized with leases extending into 2027. Strategically located in a central commuter hub tailored for the essential workforce, tenants enjoy short commutes via the Palmetto Expressway, 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

Heating:

Central, Electric

Cooling:

Central Air, Electric

Levels:

4

Parking:

Assigned, Deeded, Garage Door Opener, Guest

Common Charge:

$474 Monthly

Est. Taxes:

$3,396

HOA Fee

$474

Construction

Block

View Description:

Other

Adult Communities:

Yes

Amenities:

Elevator(s), Fitness Center, Management, Parking, Pool, Maintenance

Elementary School:

John G. Dupuis

Middle School:

Hialeah Gardens

High School:

Hialeah-Miami Lakes

Days on Market:

42

Pet Policy:

Yes, Pet Restrictions Possible

Appliances:

Electric Water Heater, Dryer, Electric Range, Ice Maker, Microwave, Refrigerator, Washer

MLS #:

A12018559

Community Info

School Info

Walk Score

Yelp

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