1950 W 54th Street 412, Hialeah, FL 33012

Listing Snapshot

About This Home

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!

General Features

Property Type

Residential

Sub-type

Condominium

Style

Other

Stories

4

Parking

Assigned,Deeded,Garage,GarageDoorOpener,Guest

Security

SmokeDetectors,SecurityFence

Subdivision

WESTLAND-EDEN CONDO I

Interior Features

Appliances

Dryer,ElectricRange,Microwave,Oven,Refrigerator,Washer

Flooring

Tile

Heating

Central,Electric

Cooling

CentralAir,Electric

Interior Features

Bathtub,ClosetCabinetry,EntranceFoyer,SoakingTub,SeparateShower,WalkInClosets

Exterior Features

Construction

Block

Pool Features

Association

View

Pool

Waterfront

No

Community Features

Association Amenities

FitnessCenter,MaintenanceGrounds,Management,Pool,Parking,Elevators

Association Dues

$474 / monthly

MLS Area

2200

Schools

Map

Virtual Tour