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5706 W 26th Ave Unit 5706, Hialeah, Florida 33016

Active For Sale
$225,000
  • Beds 2
  • Baths 1
  • Sq Ft 696 Sqft
  • Visits: 2 in 23 days

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!

Features

  • Heating System: Central, Electric
  • Cooling System: Electric, Central Air
  • Parking: Assigned, Two or More Spaces, Guest, Deeded

Appliances

  • Appliances: Electric Range, Microwave, Refrigerator, Electric Water Heater

Address Map

  • Country: US
  • State: FL
  • County: Miami-Dade
  • City: Hialeah
  • Subdivision: LAGO AZUL CONDO
  • Zipcode: 33016
  • Street: 26th Ave
  • Street Number: 5706
  • Floor Number: 0
  • Longitude: W81° 39' 52.1''
  • Latitude: N25° 52' 27''
  • UnitNumber: 5706
  • Street Dir Prefix: W
  • MLS Area: 20

MLS Addon

  • Association Amenities: Laundry, Other
  • Association Fee: $300
  • Association Fee Frequency: Monthly
  • Association Fee Includes: Amenities, Maintenance Structure, Common Areas, Sewer, Trash, Association Management, Insurance, Laundry, Parking, Reserve Fund, Roof, Recreation Facilities
  • Close Price: $0
  • Elementary School: West Hialeah Gardens
  • Exterior Features: Storm/Security Shutters
  • Flooring: Tile
  • High School: Hialeah Gardens High
  • Insurance Expense: $0
  • Interior Features: Bedroom on Main Level, First Floor Entry, Living/Dining Room
  • Laundry Features: Common Area
  • Levels: One
  • Middle Or Junior School: Palm Springs
  • New Taxes Expense: $0
  • Stories: 1
  • Stories Total: 2
  • Tax Annual Amount: $2,716
  • Window Features: Blinds

Location

Listing Updated: 2026-06-02 03:30:15

  • Parent : 5706:W:26th Ave:33016:Hialeah
  • Property Type : Condominium
  • Property Sub Type : Condominium
  • Listing Type : For Sale
  • Listing ID : A12018601
  • Price : $225,000
  • View : Garden, Other
  • Bedrooms : 2
  • Bathrooms : 1
  • Full Bathrooms : 1
  • Half Bathrooms : 0
  • Square Footage : 696 Sqft
  • Year Built : 1991
  • Lot Area : 0 Acre
  • Listing Status : Active
  • Days On Market : 22
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