1950 W 54th St #412, Hialeah, FL 33012 (MLS # A12018558)

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PRICE $260,000 dsIDX morgage calculator
BEDS 2
BATHS 2
HOME SIZE 1,080 sqft
LOT SIZE n/a

OPPORTUNITY KNOCKS! 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, 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. 2022 Roof & Elevators. 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!

DAYS ON MARKET 8 LAST UPDATED 5/20/2026
TRACT WESTLAND-EDEN CONDO I YEAR BUILT 1974
COMMUNITY 20 COUNTY Miami-Dade
STATUS Active PROPERTY TYPE(S) Condo/Townhouse/Co-Op

SCHOOLS
Elementary School Dupuis; J.G.
Jr. High School Hialeah Gardens
High School Hialeah-Miami Lakes


ADDITIONAL DETAILS
AIR Central Air, Electric
AIR CONDITIONING Yes
AMENITIES Insurance, Maintenance Structure, Sewer, Trash, Water
APPLIANCES Dryer, Electric Range, Microwave, Oven, Refrigerator, Washer
AREA 20
CONSTRUCTION BLOCK
HEAT CENTRAL, Electric
HOA DUES 474
INTERIOR Entrance Foyer, Walk-In Closet(s)
LOT 0
PARKING Assigned, Deeded, Guest, Garage Door Opener
POOL DESCRIPTION Association
STORIES 4
STYLE Other
SUBDIVISION WESTLAND-EDEN CONDO I
TAXES 3396
VIEW Yes
VIEW DESCRIPTION Pool
MORTGAGE CALCULATOR
   

TOTAL MONTHLY PAYMENT

0
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*Estimate only

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