• Share

1950 W 54th Street Unit 412, Hialeah, Florida 33012

Active For Sale
$260,000
  • Beds 2
  • Baths 2
  • Sq Ft 1,080 Sqft
  • Visits: 1 in 48 days

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. 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!

Features

  • Swimming Pool: Association
  • Heating System: Central, Electric
  • Cooling System: Electric, Central Air
  • Parking: Garage, Garage Door Opener, Assigned, Guest, Deeded

Appliances

  • Appliances: Dryer, Electric Range, Microwave, Refrigerator, Washer, Oven

Address Map

  • Country: US
  • State: FL
  • County: Miami-Dade
  • City: Hialeah
  • Subdivision: WESTLAND-EDEN CONDO I
  • Zipcode: 33012
  • Street: 54th
  • Street Number: 1950
  • Street Suffix: Street
  • Floor Number: 0
  • Longitude: W81° 40' 41.7''
  • Latitude: N25° 52' 15.5''
  • UnitNumber: 412
  • Street Dir Prefix: W
  • MLS Area: 2200

MLS Addon

  • Architectural Style: Other
  • Association Amenities: Elevator(s), Fitness Center, Pool, Management, Parking, Maintenance Grounds
  • Association Fee: $474
  • Association Fee Frequency: Monthly
  • Association Fee Includes: Maintenance Structure, Common Areas, Pool(s), Sewer, Maintenance Grounds, Trash, Water, Insurance, Reserve Fund, Roof
  • Close Price: $0
  • Elementary School: John G. Dupuis
  • Flooring: Tile
  • High School: Hialeah-Miami Lakes
  • Insurance Expense: $0
  • Interior Features: Closet Cabinetry, Entrance Foyer, Walk-In Closet(s), Separate Shower, Bathtub, Soaking Tub
  • Middle Or Junior School: Hialeah Gardens
  • New Taxes Expense: $0
  • Stories Total: 4
  • Tax Annual Amount: $3,396

Location

Listing Updated: 2026-07-05 15:24:40

  • Parent : 1950:W:54th:33012:Hialeah
  • Property Type : Condominium
  • Property Sub Type : Condominium
  • Listing Type : For Sale
  • Listing ID : A12018558
  • Price : $260,000
  • View : Pool
  • Bedrooms : 2
  • Bathrooms : 2
  • Full Bathrooms : 2
  • Half Bathrooms : 0
  • Square Footage : 1,080 Sqft
  • Year Built : 1974
  • Lot Area : 0 Acre
  • Listing Status : Active
  • Days On Market : 47
Contact Agent
Required
Required
Required
By proceeding, you consent to receive calls and texts at the number you provided, including marketing by autodialer and prerecorded and artificial voice, and ettmail, about your inquiry and other home-related matters, but not as a condition of any purchase.

Similar Condominium