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1950 W 54th St , Unit 412, Hialeah, FL 33012

$260,000
  • 1950 W 54th St , Unit 412, Hialeah, FL 33012 Main Photo

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New to the Market Active
BEDS2 BATHS2 full SQUARE FEET1,080 MLS#A12018558
STATUSActive PROPERTY TYPEResidential - Condominium SUBDIVISIONWESTLAND-EDEN CONDO I

Property Description

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. Dont miss this high-yield, turnkey investment!

1950 W 54th St , Unit 412 | MLS# A12018558

This condo located at 1950 W 54th St , Unit 412, Hialeah, FL 33012 is currently listed for sale with an asking price of $260,000. This property was built in 1974 and has 2 bedrooms and 2 full baths with 1080 sq. ft. W 54th St , Unit 412 is located in the WESTLAND-EDEN CONDO I subdivision. Search WESTLAND-EDEN CONDO I real estate on www.realty100.com today.

Property Features

Property Type: Residential - Condominium
Cooling: Central Air, Electric
Fenced: Yes
Heating: Central, Electric
Stories: 4.0
Taxes: $3,396
Year Built: 1974

Amenities

Closet Cabinetry
Entrance Foyer
Walk-In Closet(s)
Other

Feature Descriptions

Appliances: Dryer, Microwave, Electric Range, Refrigerator, Wall Oven, Washer
Association Amenities: Elevator(s), Exercise Room, Pool
Crops Included Y/N: No
Exterior: Concrete Block Construction
Flooring: Tile
HOA Fee: 474/ Monthly
Home Warranty Y/N: No
Lease Considered Y/N: No
Listing Terms: All Cash
Other Equipment: Automatic Garage Door Opener
Parcel#: 04-20-35-061-0540
Parking: 2 Or More Spaces, Assigned, Deeded, Guest
Parking Notes: 2 Or More Spaces, Assigned, Deeded, Guest
Pets Allowed: Restrictions Or Possible Restrictions
Property Attached Y/N: Yes
Property Sub-Type: Condominium
Security: Smoke Detector, Complex Fenced
Special View Info: Pool Area View
Window: Complete Accordian Shutters, Hurricane Shutters

Local Schools

High School: Hialeah-Miami Lakes
Middle School: Hialeah Gardens
Elementary School: Dupuis; J.G.

Listed By / Shown By

Listed By

Agency Name: Compass Florida, LLC
Agency Phone: 305-697-2904

Shown By

Agency Title: Realty 100
Agency Phone: 954-859-2100

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Estimated Payment

$ 937.48 per month $578.65 Principal & Interest $283.00 Property Tax $75.83 Homeowner's Insurance

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