1950 W 54th Street Unit 412, Hialeah, FL 33012
$260,000 · Active
MLS #A12018558
- Price
- $260,000
- Status
- Active
- Bedrooms
- 2
- Bathrooms
- 2
- Living area
- 1,080 sq ft
- Home type
- Condominium
- Year built
- 1974
- Full bathrooms
- 2
- Half bathrooms
- 0
- 55+ community
- Yes
- County
- Miami-Dade
- Garage spaces
- 0
- HOA fee
- $474 · Monthly
- Annual property taxes
- $3,396
- Subdivision
- WESTLAND-EDEN CONDO I
- Style
- "Other"
- Appliances & Equipment
- "Dryer" · "Electric Range" · "Microwave" · "Oven" · "Refrigerator" · "Washer"
- Bathrooms
- 2 full bathrooms · 2 total decimal bathrooms · 2 total bathrooms
- Bedrooms
- 2 total bedrooms
- Building
- Built in 1974 · Architectural style: "Other" · Living area: 1080 · Construction materials: "Block" · Toal building area: 1080
- Cooling
- "Central Air" · "Electric"
- Floors
- "Tile"
- Heating
- "Central" · "Electric"
- Home Owner's Association
- Association fee: $474 · Association fee frequency: Monthly · Association fee includes: "Pool Service", "Common Areas", "Elevator", "Insurance", "Maintenance Grounds", "Maintenance Structure", "Reserve Funds", "Roof Repairs", "Sewer", "Trash", "Water" · Association amenities: "Maintenance", "Pool", "Elevator(s)", "Fitness Center", "Management", "Parking"
- Interior Features
- "Closet Cabinetry" · "Entrance Foyer" · "Walk-In Closet(s)"
- Parking
- "Assigned" · "Deeded" · "Garage Door Opener" · "Guest"
- Pets Policy
- Pets allowed: "Pet Restrictions Possible", "Yes"
- Property
- View: "Pool"
- Utilities
- "Circuit Breakers"
- Elementary school
- John G. Dupuis
- High school
- Hialeah-Miami Lakes
About this home
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!
Courtesy of Compass Florida, LLC 305-697-2904
Schedule A Tour Get More Information On This HomeContact LPT Realty at (877) 366-2213 to ask about this home.