$225,000

5706 W 26th Avenue 5706, Hialeah, FL 33016

2 beds |
1 bath |
696 sqft

Condominium
Built in 1991
—— sqft lot
—— car garage
$323/sqft
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 with a 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 9:20PM
Listing Office:: Compass Florida, LLC : 305-697-2904
Listing Agent:: Nancy Sanabria : 305-785-4491
MLS ID:: A12018601

General: Bedroom on Main LevelLiving/Dining Room
Appliances: Electric RangeElectric Water HeaterMicrowaveRefrigerator
Flooring: Tile
A/C: Central AirElectric
Heating: CentralElectric

Parking: AssignedDeededGuest

Windows: Blinds
General: Block1

HOA Amenities: Maintenance GroundsLaundryManagementOtherParkingCommon AreasInsuranceMaintenance GroundsMaintenance StructureRecreation FacilitiesReserve FundRoofSewerTrash300.0Monthly
Originating MLS: BEACH_MIAMI
County: Miami-Dade

Zoning: LAGO AZUL CONDO UNIT 5706 UNDIV 1/28 INT IN COMMON ELEMENTS OFF REC 20173-4180 OR 20590-1181 0802 1 COC 23684-1591 08 2005 10420342070040
View: GardenView

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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