$260,000

1950 W 54th Street 412, Hialeah, FL 33012

  • 2 beds |
  • 2 baths |
  • 1,080 sqft
  • Property Icon Condominium
  • Property Year Built Icon Built in 1974
  • Property Lot Size Icon —— sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $241/sqft
  • Property List Date Icon Listed 2 months ago

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!

Listing Status:
Active
Date Added:
May 20, 2026
Data Last Updated:
July 26, 2026 at 10:21PM
Listing Office:
Compass Florida, LLC : 305-697-2904
Listing Agent:
Nancy Sanabria : 305-785-4491
MLS ID:
A12018558
  • General: BathtubCloset CabinetryEntrance FoyerSoaking TubSeparate ShowerWalk-In Closet(s)
  • Appliances: DryerElectric RangeMicrowaveOvenRefrigeratorWasher
  • Flooring: Tile
  • A/C: Central AirElectric
  • Heating: CentralElectric
  • Style: Other
  • Pool: Association
  • Parking: AssignedDeededGarageGarage Door OpenerGuest
  • General: Block4
  • HOA Amenities: Fitness CenterMaintenance GroundsManagementPoolParkingElevator(s)Common AreasInsuranceMaintenance GroundsMaintenance StructurePool(s)Reserve FundRoofSewerTrashWater474.0Monthly
  • Originating MLS: BEACH_MIAMI
  • County: Miami-Dade
  • Zoning: WESTLAND-EDEN CONDO I UNIT 412 - BLDG 3 UNDIV 1.142% INT IN COMMON ELEMENTS CLERKS FILE 75R-77602 OR 19693-4161 0501 10420350610540
  • View: PoolView
  • Utilities: Circuit Breakers
  • Source: BEACH_MIAMI

This listing courtesy of Nancy Sanabria , Compass Florida, LLC

Monthly Payment

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

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Location

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