1950 W 54th St Unit #412, Hialeah, FL 33012
- $260,000
- 2
- BD
- 2
- BA
- 1,080
- SqFt
- List Price
- $260,000
- MLS#
- A12018558
- Bedrooms
- 2
- Bathrooms
- 2
- Sq. Ft
- 1,080
- Subtype
- Condominium
- County
- Miami-Dade
- Community
- Westland-eden Condo I
- Subdivision
- Westland-eden Condo I
- Year Built
- 1974
Property Description
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 and 7.7% cap rate. 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!
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Additional Information
- Hoa
- Yes
- Hoa Amount
- 474
- Pets Allowed
- Yes
- Status Label
- ACTIVE
- Unit Floor Number
- 4
- Construction
- Concrete Block Construction
- Cooling
- Central Air, Electric
- Equipment
- Dryer, Microwave, Electric Range, Refrigerator, Wall Oven, Washer
- Flooring
- Tile
- Heating
- Central, Electric
- Parking
- 2 Or More Spaces, Assigned, Deeded, Guest
- Bedroom Description
- Primary Bath Shower, Primary Bath Tub
- Security
- Smoke Detector, Complex Fenced
- Special Information
- Updated/Remodeled
- Taxes
- $3,396
- View
- Pool Area View
- Unit Number
- 412
- Total Floors
- 4
- Stories
- 4
- Price Per Sqft
- $240
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Listing Courtesy Of Compass Florida, LLC, Contact: