1950 W 54th Street #412, Hialeah, FL

$260,000

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2

Beds

2

Baths

1,080

Square feet

About 1950 W 54th Street #412

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!

Features of 1950 W 54th Street #412

MLS® # A12018558
USD $260,000
CAD $358,979
CNY 元1,746,784
EUR €223,960
GBP £192,584
RUB ₽22,646,104
HOA Fees 474
Bedrooms 2
Bathrooms 2.00
Full Baths 2
Square Footage 1,080
Year Built 1974
Type Residential
Sub-Type Condominium
Style Other
Unit Floor 4
Status Active
HOPA Yes

Community Information

Address 1950 W 54th Street #412
Area 2200
Subdivision WESTLAND-EDEN CONDO I
City Hialeah
County Miami-Dade
State FL
Zip Code 33012

Amenities

Amenities Elevator(s), Fitness Center, Management, Parking, Pool, Maintenance
Parking Spaces 2
Parking Assigned, Deeded, Garage Door Opener, Guest
View Pool
Is Waterfront No
Has Pool No
Pets Allowed Yes, Pet Restrictions Possible

Interior

Interior Features Entrance Foyer, Walk-In Closet(s), Closet Cabinetry
Appliances Dryer, Electric Range, Microwave, Oven, Refrigerator, Washer
Heating Central, Electric
Cooling Central Air, Electric
Fireplace No
# of Stories 4

Exterior

Construction Block

School Information

Elementary John G. Dupuis
Middle Hialeah Gardens
High Hialeah-Miami Lakes

Listing Details

Listing Map

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