1900 W 54th Street Unit 220, Hialeah, FL 33012

$260,000 · Active

MLS #A12018600

Price

$260,000

Status

Active

Bedrooms

2

Bathrooms

2

Living area

1,006 sq ft

Home type

Condominium

Year built

1975

Full bathrooms

2

Half bathrooms

0

55+ community

Yes

County

Miami-Dade

Garage spaces

0

HOA fee

$335 · Monthly

Annual property taxes

$3,286

Subdivision

WESTLAND EDEN CONDO II

Appliances & Equipment

"Electric Water Heater" · "Dryer" · "Electric Range" · "Microwave" · "Refrigerator" · "Washer"

Bathrooms

2 full bathrooms · 2 total decimal bathrooms · 2 total bathrooms

Bedrooms

2 total bedrooms

Building

Built in 1975 · Living area: 1006 · Construction materials: "Block" · Toal building area: 1006

Cooling

"Central Air" · "Electric"

Floors

"Tile"

Heating

"Central" · "Electric"

Home Owner's Association

Association fee: $335 · 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

"Walk-In Closet(s)"

Parking

"Assigned" · "Deeded" · "Guest"

Pets Policy

Pets allowed: "Pet Restrictions Possible", "Yes"

Utilities

"Circuit Breakers"

Elementary school

John G. Dupuis

High school

Hialeah-Miami Lakes

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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 with 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 4 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

Contact LPT Realty at (877) 366-2213 to ask about this home.