1950 W 54th St # 412, Hialeah FL 33012 | Miami-Dade County | A12018558
- $260,000
- Condominium
- 2
- 2
- 0
- 1080 Sq Ft
- $260,000
Description
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!
Property Overview
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Monthly Fees & Carrying Costs
| Association Fee | $474 / month |
| Total Monthly Fees | $474 / month |
- Membership Required: No
- Application Fee: $150 (one-time)
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 July 1, 2026 at 4:56 am-
Property ID A12018558
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Price $260,000
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Property Size 1080 Sq Ft
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Bedrooms 2
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Room 0
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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 Active, Residential
Additional details
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Flooring Tile
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Bedroom Features Primary Bath Shower, Primary Bath Tub
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Cooling Central Air, Electric
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Association Type Condo
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Building Westland Eden l
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Association Fee Frequency Monthly
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Area Westland-eden Condo I
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Annual Tax 3396
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Association Yes
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Elementary School Dupuis; J.G.
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Private Pool No
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Listing Terms All Cash
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Waterfront No
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Full Bathrooms 2
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Subdivision WESTLAND-EDEN CONDO I
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Total Stories 4
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Restrictions Ok To Lease
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Amenities Elevator(s), Exercise Room, Pool
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Parking 2 Or More Spaces, Assigned, Deeded, Guest
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Heating Central, Electric
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Structure Type Condo 1-4 Stories, Condo
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Tax Year 2025
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Construction Concrete Block Construction
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Building Area 1080
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Covered Spaces 0
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Middle School Hialeah Gardens
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Unit Floor 4
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View Pool Area View
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Year Built Details Resale
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High School Hialeah-Miami Lakes
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Pets Allowed Yes
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Attached Yes
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Unit Number 412
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Half Bathrooms 0
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Flood Zone AH
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New Construction No
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Garage Spaces 0
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Style Condo 1-4 Stories
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Association Fee 474
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Lot Size (Sq Ft) 0
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Membership Purchase Required No
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