1950 W 54th St, #412, Hialeah, FL 33012

$260,000
Active for Sale
2 Beds
2 Baths
1080 SF
Built In 1974
 
Listing ID 11779233
Property Type Condo
County Miami-Dade
Unit 412
Total Tax $3,396
Tax ID 04-20-35-061-0540
FEMA Flood Map fema.gov/portal
Year Built 1974
Virtual Tour
WEST HIALEAH REAL ESTATE PORTFOLIO! Incredible turnkey opportunity for Cash Investors of 4 strategic condo units sold together for immediate, stabilized cash flow 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 after taxes & assoc fees. 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 regularly maintained HVAC, hot water heaters and electric as well as updated bathrooms & kitchens. The portfolio is highly stabilized with leases extending into 2027, and one unit market-ready for immediate income. Strategically located in a central commuter hub tailored for the essential workforce, tenants enjoy short commutes via the Palmetto Expressway, SR 924, 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!
Property Details
  • 2 Total Bedrooms
  • 2 Full Baths
  • 1080 SF (AG)
  • 1080 SF (Total)
  • Built in 1974
  • Unit 412
Interior Features
  • Oven/Range
  • Refrigerator
  • Microwave
  • Washer
  • Dryer
  • Ceramic Tile Flooring
  • Entry Foyer
  • Walk-in Closet
  • Electric Fuel
  • Central A/C
Exterior Features
  • Masonry - Concrete Block Construction
  • Subdivision: Westland-eden Condo I
Community Details
  • Gym
  • Pool
  • Pets Allowed
  • Parking Garage
  • Elevator
  • Gated
Taxes and Fees
  • $3,396 Total Tax
  • Tax Year 2025
Listed By
Nancy Sanabria
Compass Florida, LLC
Office: 305-697-2904
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