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1950 W 54th St , #406

Hialeah, FL 33012
  • $260,000
  • STATUS: Active
  • ON SITE: 16 Days
  • MLS #: A12018559
UPDATED: 30 min ago
$260,000
  • 2
    BEDS
  • N/A
    ACRES
  • 2
    BATHS
  • 0
    1/2 BATHS
  • 1,080
    SQFT
  • $241
    $/SQFT
Neighborhood:
Type:
Condo
Built:
1974
County:

School Information

Elementary School:
Middle School:
High School:

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!

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Copyright 2026, Participating Associations/MLS’s in the SEFMLS, MIAMI Association of REALTORS, Realtor Association of Greater Ft. Lauderdale, South Broward Board of Realtors. All rights reserved. The data relating to real estate for sale on this web site comes in part from the participating Associations/MLS’s in the Southeast Florida Regional Multiple Listing Service cooperative agreement, MIAMI Association of REALTORS, Realtor Association of Greater Ft. Lauderdale, South Broward Board of Realtors. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Copyright 2026, Participating Associations/MLS’s in the SEFMLS, MIAMI Association of REALTORS, Realtor Association of Greater Ft. Lauderdale, South Broward Board of Realtors. All rights reserved. Use of search facilities of data on the site, other than a consumer looking to purchase real estate, is prohibited. Data last updated 2026-06-07T15:50:43.557.
www.albertgarciateam.com/homes/176719792
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1950 W 54th St , #406 Hialeah, FL 33012

  • Price: $260,000
  • Status: Active
  • On Site: 16 Days
  • Updated: 30 min ago
  • MLS #: A12018559
2
Beds
2
Baths
0
½ Baths
N/A
Acres
1,080
SQFT
$241
$/SQFT
1974
Built
Neighborhood:
Westland-Eden Condo I
County:
Miami-Dade
Area:
Westland-Eden Condo I
Elementary School:
Dupuis; J.G.
Middle School:
Hialeah Gardens
High School:
Hialeah-Miami Lakes
Property 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!
Exterior Features

Carport Spaces 0 Construction Materials Concrete Block Construction Covered Spaces 0 Garage YN No Parking Features 2 Or More SpacesAssignedDeededGuest Pool Private YN No Property Attached YN Yes View Other View View YN Yes Waterfront YN No

Interior Features

Adjusted Square Footage 1080 Appliances DryerElectric Water HeaterIce MakerMicrowaveElectric RangeRefrigeratorWasher Building Area Total 1080 Cooling Central AirElectric Entry Level 4 Entry Location Foyer Flooring Tile Furnished Unfurnished Heating CentralElectric Heating YN Yes Interior Features Closet CabinetryEntrance FoyerWalk-In Closet(s) Master Bathroom Features Tub Only Other Equipment Automatic Garage Door Opener Room Bedroom Features Primary Bath Tub Room Dining Room Features Dining/Living Room Window Features Complete Accordian ShuttersHurricane Shutters

Property Features

Association Amenities Elevator(s)Exercise RoomPool Association Fee 474 Association Fee Frequency Monthly Association YN Yes Building Name Westland Eden l Cooling YN Yes Electric Circuit Breakers Horse YN No Listing Terms All Cash Maintenance Includes All AmenitiesBuilding ExteriorCommon AreaElevatorInsuranceManagerOutside MaintenanceParkingPool ServiceReserve FundRoof RepairsSewerTrash RemovalWater Membership Purch Rqd YN No New Construction YN No Pets Allowed Restrictions Or Possible Restrictions Property Condition Updated/Remodeled Property Sub Type Condominium Public Survey Section 35 Restrictions Ok To Lease Security Features Smoke DetectorComplex FencedSecured Garage/Parking Structure Type Condo 1-4 StoriesCondo Tax Annual Amount 3396 Tax Year 2025 Type Of Association Condo Year Built Details Resale

Listing courtesy of Compass Florida, LLC: .


Copyright 2026, Participating Associations/MLS’s in the SEFMLS, MIAMI Association of REALTORS, Realtor Association of Greater Ft. Lauderdale, South Broward Board of Realtors. All rights reserved. The data relating to real estate for sale on this web site comes in part from the participating Associations/MLS’s in the Southeast Florida Regional Multiple Listing Service cooperative agreement, MIAMI Association of REALTORS, Realtor Association of Greater Ft. Lauderdale, South Broward Board of Realtors. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Copyright 2026, Participating Associations/MLS’s in the SEFMLS, MIAMI Association of REALTORS, Realtor Association of Greater Ft. Lauderdale, South Broward Board of Realtors. All rights reserved. Use of search facilities of data on the site, other than a consumer looking to purchase real estate, is prohibited. Data last updated 2026-06-07T15:50:43.557.
 
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