1. Florida
  2. Hialeah
  3. 10 W 53rd Ter
$1,400,000

10 W 53rd Ter, Hialeah, FL 33012

  • 4 beds |
  • 3 baths |
  • 1,575 sqft
  • Property Icon Single-Family Home
  • Property Year Built Icon Built in 1952
  • Property Lot Size Icon0.3acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $889/sqft
  • Property List Date Icon Listed 9 months ago

Property Description

Development Potential: approved plans: 4 units, each with 3 bedrooms and 2 bathrooms (1,600 sq ft per unit) Potential income $14,000 per month Maximum potential: (plans can be modified)to up to 12 units . Additional Considerations: Appreciation: Plans include 8 parking spaces, which may need to be increased if the number of units is maximized. Rental market: Research the local rental market to determine demand for 3/2 units and potential rental rates. Overall, this property offers significant potential for investors looking to capitalize on the growing demand for multifamily housing. Current State: Main house: 4 bedrooms, 3 bathrooms (potential rental income) Efficiency unit: 1 bedroom, 1 bathroom Land: 13,127 sq ft corner lot

Listing Status:
Active
Date Added:
September 19, 2024 at 05:00AM
Listing Office:
RE/MAX Advance Realty II : 305-251-2127
Listing Agent:
Ileana Rodriguez : 305-992-5626
MLS ID:
A11662830
  • General: First Floor EntryCloset CabinetryPantryAtticFamily RoomSeparate Guest/In-Law QuartersUtility Room/Laundry
  • Appliances: DishwasherDryerMicrowaveElectric RangeRefrigeratorWasher
  • Laundry: Utility Room/Laundry
  • Flooring: Tile
  • A/C: Central Air
  • Heating: Central

This listing courtesy of Ileana Rodriguez, RE/MAX Advance Realty II

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

P

Palm Springs Elementary School

6304 E 1st Ave, Hialeah, FL, 33013

Grades PK-5

0.68 miles away

H

Hialeah Middle School

6027 E 7th Ave, Hialeah, FL, 33013

Grades 6-8

1.04 miles away

H

Hialeah Senior High School

251 E 47th St, Hialeah, FL, 33013

Grades 9-12

0.60 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.