5706 W 26th Avenue 5706, Hialeah, FL 33016

Listing Snapshot

About This Home

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. 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, 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, 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!

General Features

Property Type

Residential

Sub-type

Condominium

Stories

2

Parking

Assigned,Deeded,Guest

Security

Other,SmokeDetectors

Subdivision

LAGO AZUL CONDO

Interior Features

Appliances

ElectricRange,ElectricWaterHeater,Microwave,Refrigerator

Flooring

Tile

Heating

Central,Electric

Cooling

CentralAir,Electric

Interior Features

BedroomOnMainLevel,LivingDiningRoom

Window Features

Blinds

Exterior Features

Construction

Block

View

Garden

Waterfront

Yes

Waterfront Features

LakeFront,Other

Community Features

Association Amenities

MaintenanceGrounds,Laundry,Management,Other,Parking

Association Dues

$300 / monthly

MLS Area

2200

Schools

Map

Virtual Tour