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5706 W 26th Ave , Unit 5706, Hialeah, FL 33016

$225,000
  • 5706 W 26th Ave , Unit 5706, Hialeah, FL 33016 Main Photo

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New to the Market Active
BEDS2 BATHS1 full SQUARE FEET696 MLS#A12018601
STATUSActive PROPERTY TYPEResidential - Condominium SUBDIVISIONLAGO AZUL CONDO

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!

5706 W 26th Ave , Unit 5706 | MLS# A12018601

This condo located at 5706 W 26th Ave , Unit 5706, Hialeah, FL 33016 is currently listed for sale with an asking price of $225,000. This property was built in 1991 and has 2 bedrooms and 1 full baths with 696 sq. ft. W 26th Ave , Unit 5706 is located in the LAGO AZUL CONDO subdivision. Search LAGO AZUL CONDO real estate on www.realty100.com today.

Property Features

Property Type: Residential - Condominium
Cooling: Central Air, Electric
Heating: Central, Electric
Stories: 2.0
Taxes: $2,716
Year Built: 1991

Amenities

First Floor Entry

Feature Descriptions

Appliances: Electric Water Heater, Microwave, Electric Range, Refrigerator
Association Amenities: Laundry, Other
Crops Included Y/N: No
Days on Site: 1
Exterior: Concrete Block Construction
Flooring: Tile
HOA Fee: 300/ Monthly
Home Warranty Y/N: No
Laundry: Common Area
Lease Considered Y/N: No
Listing Terms: All Cash
Parcel#: 04-20-34-207-0040
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, Other
Special View Info: Garden View
Water Features: Lake
Window: Complete Accordian Shutters, Hurricane Shutters, Blinds

Local Schools

High School: Hialeah Gardens High
Middle School: Palm Springs
Elementary School: West Hialeah Gardens

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

$ 792.71 per month $500.75 Principal & Interest $226.33 Property Tax $65.63 Homeowner's Insurance

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