1950 W 54th St #406, Hialeah, FL 33012

Hialeah
Local realty services provided by:Better Homes and Gardens Real Estate Destinations
1950 W 54th St #406,Hialeah, FL 33012
$260,000
Virtual Tour
  • 2 Beds
  • 2 Baths
  • 1,080 sq. ft.
  • Condominium
  • Active
Listed by: nancy sanabria
Office: compass florida, llc.305-697-2904
MLS#:A12018559
Source:SEFMLS

Price summary

  • Price:$260,000
  • Price per sq. ft.:$240.74
  • Monthly HOA dues:$474

About this home

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...

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Home facts

  • Year built:1974
  • Subdivision & Development:WESTLAND-EDEN CONDO I
  • Listing ID #:A12018559
  • Updated:August 26, 2026 at 09:56 AM

Rooms and interior

  • Bedrooms:2
  • Total bathrooms:2
  • Full bathrooms:2
  • Flooring:Tile
  • Dining Description:Living/Dining Room
  • Kitchen Description:Electric Range, Ice Maker, Microwave, Refrigerator
  • Bedroom Description:Walk-In Closets
  • Living area:1,080 sq. ft.

Heating and cooling

  • Cooling:Central Air, Electric
  • Heating:Central, Electric
  • Central air:Yes

Structure and exterior

  • Year built:1974
  • Building area:1,080 sq. ft.
  • Construction Materials:Block
  • Exterior Features:Storm Security Shutters

Schools

  • High school:Hialeah-Miami Lakes
  • Middle school:Hialeah Gardens
  • Elementary school:Dupuis; J.G.

Finances and disclosures

  • Price:$260,000
  • Price per sq. ft.:$240.74
  • Tax amount:$3,396 (2025)

Features and amenities

  • Appliances:Dryer, Electric Range, Electric Water Heater, Ice Maker, Microwave, Refrigerator, Washer
  • Laundry features:Dryer, Washer
  • Amenities:Closet Cabinetry, Complex Fenced, Elevators, Fitness Center, Smoke Detectors
  • Pool features:Association, Pool

Parking

  • Parking description:Assigned, Deeded, Garage Door Opener, Guest
Information deemed reliable but not guaranteed. Information is provided, in part, by Greater Miami MLS. This information being provided is for consumer's personal, non-commercial use and may not be used for any other purpose other than to identify prospective properties consumers may be interested in purchasing.

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