1900 W 54th St # 220, Hialeah FL 33012 | Miami-Dade County | A12018600

1900 W 54th St # 220, Hialeah FL 33012

Active Residential Active

$260,000

14 More

Type
Condominium

2
Bedrooms

2
Bathrooms

0
Garage

1006 Sq Ft
Area Size

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Active Residential Active

1900 W 54th St # 220, Hialeah FL 33012 | Miami-Dade County | A12018600

1900 W 54th St # 220, Hialeah FL 33012

$260,000

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 with 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 4 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!

Property Overview

This is a two-bedroom, two-bathroom condo at Westland Eden Condo II, located at 1900 W 54th St #220 in Hialeah, Florida. The unit sits within a 1975-built building and has a total living area of 1,006 square feet. It is currently listed for sale at $260,000, with monthly HOA fees of $335. The property is part of a portfolio offering that includes four strategically located units across three nearby condominium buildings. The unit is being marketed as a stabilized investment opportunity with potential for immediate cash flow. All units in the portfolio are already rented and collectively generate a gross scheduled income of $109,200 per year. Recent capital improvements include updated kitchens and bathrooms, regularly maintained HVAC and electric systems, and new hot water heaters. The building has reserved parking and no pending assessments. For more information on rental status or financial details, contact 305-859-4733.

Frequently Asked Questions

What type of property is this?

This is a condominium unit located in the Westland Eden Condo II building in Hialeah, Florida.

How many bedrooms and bathrooms does the unit have?

The unit has 2 bedrooms and 2 full bathrooms.

What is the listed price of the property?

The listed price is $260,000.

What is the monthly HOA fee?

The monthly HOA fee is $335.

What are the key features of the property?

The unit has a living area of 1,006 square feet and is part of a portfolio offering reserved parking, well-maintained systems, and updated kitchens and bathrooms.