1950 W 54th St #412, Hialeah, FL 33012
Local realty services provided by:First Service Realty ERA Powered
Listed by: nancy sanabria
Office: compass florida, llc.305-697-2904
MLS#:A12018558
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 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!...
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Home facts
- Year built:1974
- Subdivision & Development:WESTLAND-EDEN CONDO I
- Listing ID #:A12018558
- Updated:October 09, 2026 at 10:04 AM
Rooms and interior
- Bedrooms:2
- Total bathrooms:2
- Full bathrooms:2
- Flooring:Tile
- Kitchen Description:Built In Oven, Electric Range, 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:Built-In Oven, Dryer, Electric Range, 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
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