1950 W 54th St # 406, Hialeah FL 33012 | Miami-Dade County | A12018559
- $260,000
- Condominium
- 2
- 2
- 0
- 1080 Square Feet
- $260,000
Description
OPPORTUNITY KNOCKS! 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, 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. 2022 Roof & Elevators. 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!
Address
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Address: 54th St
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City: Hialeah
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State/county: Miami-Dade County
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Zip/Postal Code: 33012
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Area: WESTLAND-EDEN CONDO I
Details
Updated on May 24, 2026 at 3:07 am-
Property ID A12018559
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Price $260,000
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Property Size 1080 Square Feet
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Bedrooms 2
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Bathrooms 2
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Garage 0
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Year Built 1974
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Type Condominium
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Property Status Residential
Additional details
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AssociationAmenities Elevator(s), Exercise Room, Pool
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AssociationFee 474
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AssociationFeeFrequency Monthly
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BathroomsFull 2
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BathroomsHalf 0
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BuildingAreaTotal 1080
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BuildingAreaUnits Square Feet
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BuildingName Westland Eden l
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CarportSpaces 0
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ConstructionMaterials Concrete Block Construction
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ContractStatusChangeDate 2026-05-20
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Cooling Central Air, Electric
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CoveredSpaces 0
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DaysOnMarket 3
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Electric Circuit Breakers
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ElementarySchool Dupuis; J.G.
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EntryLevel 4
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EntryLocation Foyer
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ExpirationDate 2026-11-01
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Flooring Tile
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Furnished Unfurnished
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Heating Central, Electric
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HighSchool Hialeah-Miami Lakes
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InternetAddressDisplayYN 1
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InternetEntireListingDisplayYN 1
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ListAOR A-Miami Association of REALTORS
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ListAgentDirectPhone 305-785-4491
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ListingTerms All Cash
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LotSizeSquareFeet 0
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MLSAreaMajor Westland-eden Condo I
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MajorChangeTimestamp May 21, 2026 at 03:14am
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MajorChangeType New
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MiddleOrJuniorSchool Hialeah Gardens
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MlsStatus Active
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ModificationTimestamp May 23, 2026 at 10:40am
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OnMarketDate 2026-05-20
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OriginalEntryTimestamp May 21, 2026 at 03:14am
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OriginalListPrice 260000
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OriginatingSystemID miamire
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OriginatingSystemKey miamire
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OriginatingSystemName Miami Association of REALTORS®
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OtherEquipment Automatic Garage Door Opener
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OtherExpense 0
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ParcelNumber 04-20-35-061-0300
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ParkingFeatures 2 Or More Spaces, Assigned, Deeded, Guest
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PetsAllowed Restrictions Or Possible Restrictions
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PhotosChangeTimestamp May 21, 2026 at 07:10am
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PhotosCount 15
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Possession Funding
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PostalCode 33012
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PostalCodePlus4 2143
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PriceChangeTimestamp May 13, 2026 at 07:05pm
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PropertyCondition Updated/Remodeled
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PublicSurveyRange 20
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PublicSurveySection 35
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PublicSurveyTownship 20
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RoomsTotal 0
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SecurityFeatures Smoke Detector, Complex Fenced, Secured Garage/Parking
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ShowingContactType Agent
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ShowingInstructions Appointment Only, Call Listing Agent
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SourceSystemKey 475051976
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StateOrProvince FL
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StatusChangeTimestamp May 21, 2026 at 03:14am
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StoriesTotal 4
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StreetDirPrefix W
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StreetName 54th St
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StreetNumber 1950
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StreetNumberNumeric 1950
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StructureType Condo 1-4 Stories, Condo
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SyndicationRemarks OPPORTUNITY KNOCKS! 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, 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. 2022 Roof & Elevators. 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!
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TaxAnnualAmount 3396
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TaxLegalDescription WESTLAND-EDENCONDO I UNIT 406 - BLDG 2 UNDIV 1.142% INT IN COMMON ELEMENTS CLKS FILE 75R-77602 OR 9486-1510
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TaxYear 2025
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UnitNumber 406
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View Other View
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WindowFeatures Complete Accordian Shutters, Hurricane Shutters
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YearBuiltDetails Resale
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