1950 W 54th Street, Hialeah, FL 33012
- $260,000
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!
Address
Open on Google Maps- Address: 1950 W 54th Street
- City: Hialeah
- State/County: FL
- Zip/Postal Code: 33012
Details
Updated on October 18, 2026 at 11:47 am- MLS # A12018559
- Price $260,000
- Property Size 1080 sqft
- Bedrooms 2
- Bathrooms 2
- Garage Size x x
- Year Built 1974
- Property Status Active
- Office Name Compass Florida, LLC
- Agent Name Nancy Sanabria
Additional Details
- Listing Terms Cash
- Association Fee 474.0
- Cooling Central Air, Electric
- Heating Central, Electric
- Flooring Tile
- County Miami-Dade
- Property Type Residential
- Pool Association
- Parking Assigned, Deeded, Garage, Garage Door Opener, Guest
- Elementary School John G. Dupuis
- Middle School Hialeah Gardens
- High School Hialeah-Miami Lakes
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