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10 W 53rd Ter, Hialeah, Florida 33012

Active For Sale
$1,500,000
  • Beds 4
  • Baths 3
  • Sq Ft 1,575 Sqft
  • Visits: 1 in 24 days

Description

Development Potential: approved plans: 4 units, each with 3 bedrooms and 2 bathrooms (1,600 sq ft per unit) Potential income $14,000 per month Maximum potential: (plans can be modified)to up to 12 units . Additional Considerations: Appreciation: Plans include 8 parking spaces, which may need to be increased if the number of units is maximized. Rental market: Research the local rental market to determine demand for 3/2 units and potential rental rates. Overall, this property offers significant potential for investors looking to capitalize on the growing demand for multifamily housing. Current State: Main house: 4 bedrooms, 3 bathrooms (potential rental income) Efficiency unit: 1 bedroom, 1 bathroom Land: 13,127 sq ft corner lot

Features

  • Swimming Pool: No
  • Heating System: Central
  • Cooling System: Central Air
  • Pet Policy: Yes, No Pet Restrictions
  • Patio: Open, Porch
  • Parking: Driveway, Circular Driveway

Appliances

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

Address Map

  • Country: US
  • State: FL
  • County: Miami-Dade
  • City: Hialeah
  • Subdivision: PALM SPRINGS AMD
  • Zipcode: 33012
  • Street: 53rd Ter
  • Street Number: 10
  • Floor Number: 0
  • Longitude: W81° 42′ 59.6”
  • Latitude: N25° 52′ 15.2”
  • Street Dir Prefix: W
  • MLS Area: 21

MLS Addon

  • Architectural Style: Detached, One Story, Ranch
  • Association Fee: $0
  • Association Fee Includes: Maintenance Structure
  • Close Price: $0
  • Exterior Features: Security/high Impact Doors, Porch, Fence, Shed
  • Flooring: Tile
  • Insurance Expense: $0
  • Interior Features: Bedroom On Main Level, Breakfast Area, First Floor Entry, Closet Cabinetry, Pantry, Dining Area, Separate/formal Dining Room, Attic
  • Listing Terms: Cash, Conventional
  • Lot Features: 1/4 To 1/2 Acre Lot
  • New Taxes Expense: $0
  • Stories: 1
  • Tax Annual Amount: $4,939
  • Tax Year: 2023
  • Utilities: Cable Available
  • Water Front Features: Canal Front
  • Window Features: Impact Glass

Location

Listing Updated: 2024-10-06 03:30:45

  • Property Type : Single Family
  • Property Sub Type : Single Family Residence
  • Listing Type : For Sale
  • Listing ID : A11662830
  • Price : $1,500,000
  • View : Garden
  • Bedrooms : 4
  • Bathrooms : 3
  • Full Bathrooms : 3
  • Half Bathrooms : 0
  • Square Footage : 1,575 Sqft
  • Year Built : 1952
  • Lot Area : 0 Acre
  • Listing Status : Active
  • Days On Market : 23
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