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1950 54th St 406, Hialeah, FL
Offering:
For Sale
Location:
Hialeah, FL 33012
Subdivision:
WESTLAND-EDEN CONDO I
Status:
Active
$260,000
Deemed reliable but not guaranteed.
Details
Year built:
1974
Condition:
Updated Remodeled
Days on market:
151
Association fee:
$474 / Monthly
Annual tax (2025):
$3,396
Type:
Condo
MLS ID
A12018559
Virtual tour:
Listed by:
Compass Florida, LLC (COMP11)
Listing office phone:
305-697-2904
Listing office email:
Listing agent:
Nancy Sanabria (0500376)
Features
Schools
Elementary:
Dupuis; J.G.
Middle / junior:
Hialeah Gardens
High:
Hialeah-Miami Lakes
School assignments come from the MLS feed and can change. Verify with the district before relying on them.
Association
Amenities:
Fitness Center, Pool, Elevators
Fee includes:
Association Management, Amenities, Common Areas, Insurance, Maintenance Structure, Parking, Pools, Reserve Fund, Roof, Sewer, Trash, Water
Pets
Allowed:
yes
Restrictions:
Conditional
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!
Price history
$260,000 → $260,000
· 1 price changes
Location
1950 W 54th St 406Hialeah, FL 33012
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MLS information
Last updated Oct 18, 2026
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
