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Listed price in listed location currency (USD).
$260,000

220

MLS® A12018559

  • Key Facts
  • Description
  • Map

Key Facts

Type Condominium
Levels Residential
Size 1080 sqft
Garage 
HOA Fees $474
Taxes $3,396
Days Active 0
Approx. Age 1974
Avg. Price Per Sqft $240
MLS® Number A12018559

Property Address: 406-1950 W 54th St, Hialeah, FL, 33012

Average square foot calculated using Size range provided by listing agent.

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. Don't miss this high-yield, turnkey investment!
MLS® NumberA12018559
Locker
Ensuite Laundry
Balcony
Furnished
Laundry Level
Exposure
Exterior
Garage
Approx. Age1974
Stories4
Pets

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

May 21, 2026List Date
$260,000List Price

Home Appraisal

This property is estimated to sell between: $249,000 and $266,000.
Similar properties in this area sold on average for: $249,000
Expected to sell in 134 days. Similar properties sold in 134 days. This home has been on eXp Realty for 0 days.

The estimated sale price does not take into account many variables such as recent renovations, type of appliances, school district etc. To get a more accurate estimate please contact agent.

  • Commute

Commute

Starting Address
Destination Address
1950 W 54Th St, Hialeah, FL

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