Condo in 1950 W 54th Street 406, Hialeah, FL 33012 for sale with MLS# A12018559
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!
1950 W 54th Street 406, Hialeah, FL 33012
- Price:
- $260,000.00
- Original List Price:
- $260,000.00
- List Price per Sq Ft (Calculated, Approx.):
- $240.74
- Listing Type:
- For Sale
- Status:
- Active
- Listing Category:
- Residential
- Property Type:
- Condominium
- Description of Last Important Update:
- New Listing
- Last Major Update on:
- May 20, 2026 4:00 am
- Other Special Conditions:
- Sold As-is
- Bedrooms:
- 2
- Bathrooms Total:
- 2
- Full Bath:
- 2
- Master Bedroom Bath:
- Separate Tub
- Dining Area:
- Dining/Living Room
- Living Area:
- 1,080 Sqft
- Built-Up Area:
- 1,080 Sqft
- View from the Property:
- Other
- Waterfront:
- No
- Security:
- Smoke Detector(s), Secured Garage/Parking, Security Fence
- Furnished:
- Unfurnished
- Appliances:
- Dryer, Microwave, Refrigerator, Washer, Electric Range, Electric Water Heater, Ice Maker
- Interior:
- Walk-In Closet(s), Closet Cabinetry, Entrance Foyer
- Air Conditioning
- Air Conditioning System:
- Central Air, Electric
- Heating
- Heating System:
- Central, Electric
- Storm Protection Accordian Shutters:
- Complete
- Year Built:
- 1974
- Levels:
- Two
- Construction Materials:
- Block
- Flooring:
- Tile
- Number of stories:
- 4
- Flood Zone Code:
- AH
- Property Condition:
- Resale, Updated/remodeled
- Tax Annual Amount:
- $3,396.00
- Tax Year:
- 2025
- Association Fee:
- $474.00
- Association Fee Frequency:
- Monthly
- Property Tax Details:
- City/County
- Garage Spaces:
- 0
- Covered Spaces:
- 0
- Parking Features:
- Garage Door Opener, Assigned, Guest, Deeded
- Electric:
- Circuit Breakers
- Association
- Application Required
- Application Fee:
- $150.00
- Application Information:
- Association Approval Required
- Association Type:
- Condominium
- Pets Allowed?:
- Yes, Pet Restrictions Possible
- Lease Number Times per Year Allowed:
- 1
- Amenities Provided by the Homeowner's Association (HOA):
- Pool, Management, Maintenance, Elevator(s), Fitness Center, Parking
- Subdivision Name:
- WESTLAND-EDEN CONDO I
- Association Fee Includes:
- Maintenance Grounds, Sewer, Water, Trash, Maintenance Structure, Common Areas, Insurance, Elevator, Reserve Funds, Roof Repairs, Pool Service
- Senior Community:
- Yes
- Minimum Days per Lease:
- 365
- Leasing Permitted
- Leasing Permitted Details:
- Okay To Lease
- Listing Terms Considered by Seller:
- Cash
- Buyer Possession:
- Negotiable
- Tax Legal Description:
- WESTLAND-EDENCONDO I UNIT 406 - BLDG 2 UNDIV 1.142% INT IN COMMON ELEMENTS CLKS FILE 75R-77602 OR 9486-1510
- Real Estate Folio Number (Parcel Number):
- 0420350610300
- Elementary School:
- Gulfport Elementary-pn
- High School:
- Hialeah-miami Lakes
- Middle Or Junior School:
- Hialeah Gardens
- Active on the market since:
- May 20, 2026
- Listing Agreement executed on:
- May 20, 2026
- Listing Status Last Changed On:
- May 20, 2026 4:00 am
- Photos updated on:
- July 8, 2026 5:34 pm
- Last Modified:
- July 8, 2026 5:35 pm
- Courtesy of:
- Compass Florida, LLC
- Attribution:
- Not provided
- Floor Number:
- 4
- Street Name:
- 54th
- Street Number:
- 1950
- Unit Number:
- 406
- City:
- Hialeah
- State:
- Florida
- Zip Code:
- 33012
- County:
- Miami-Dade
- Latitude:
- N25° 52' 15.5''
- Longitude:
- W81° 40' 41.7''
- Street Suffix:
- Street
- Street Direction Prefix:
- W
Want to schedule an in-person or virtual tour? Have questions?
Want to schedule an in-person or virtual tour? Have questions?
Schedule a Tour or Ask a Question
Neighborhood Stats
Source: U.S. Census Bureau, ACS 5-Year Estimates
Ver la propiedad 1950 W 54th Street 406, Hialeah, FL 33012
