New Listing - 05/20/2026
5706 W 26th Ave, #5706, Hialeah, FL, 33016
2 beds
1 Full baths
1991
696 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
Laundry Remarks:
Common Area
Complex:
LAGO AZUL CONDO
Garage:
Assigned, Deeded, Guest, Two or More Spaces
Heating:
Central, Electric
Cooling:
Central Air, Electric
Levels:
2
Common Charge:
$300 Monthly
Est. Taxes:
$2,716
HOA Fee
$300
Construction
Block
View Description:
Garden
Amenities:
Laundry, Other
Waterfront:
Yes
Elementary School:
West Hialeah Gardens
Middle School:
Palm Springs
High School:
Hialeah Gardens High
Days on Market:
1
Pet Allowed:
Yes
Pet Policy:
Conditional, Yes
Appliances:
Electric Range, Electric Water Heater, Microwave, Refrigerator
MLS #:
A12018601
Community Info
School Info
Walk Score
Yelp
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Listing courtesy of Compass Florida, LLC 305-697-2904