2-Bed Condominium at WESTLAND EDEN CONDO II in Hialeah
$260,000
Listing courtesy of Compass Florida, LLC; Nancy Sanabria. Information from the Southeast Florida Multiple Listing Service is deemed reliable but is not guaranteed accurate.
2
2
1006
Condominium, Residential
Details
Overview
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 with 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 4 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!
This condominium home located at 1900 W 54th St # 220, Hialeah FL 33012 is currently for sale and has been available on Brickellsold for 98 days. This property is listed at $260K. It has 2 beds, 2 bathrooms, and is 1006 square feet. It was built in 1975. 1900 W 54th St # 220, Hialeah FL 33012 is in Hialeah county Miami-Dade County.
Interior
- Flooring: Tile
- Common walls with other units/homes:
Property
- Parking Features: 2 Or More Spaces,Assigned,Deeded,Guest
- Entry location: Walk-In Closet(s)
- Exterior Features:
- Has View: Yes
- View Description: Other View
Construction
- Year Built: 1975
Community & HOA
- Security Features: Smoke Detector, Complex Fenced, Secured Garage/Parking
- Subdivision: WESTLAND EDEN CONDO II
- Has HOA: Yes
- Amenities: Elevator(s), Exercise Room, Pool
- HOA Fees: $335/mo
Financial
Metadata
Neighborhood Insights
School and crime data are from public sources and are informational only.
Nearby Schools
Within 5 miles
- M.A. Milam K-8 Center • 0.0 mi • K-12
- Ben Sheppard Elementary PLC-V • 0.0 mi • K-12
- Jose Marti Mathematics & Science Technology Academy • 0.0 mi • K-12
- Ben Sheppard Elementary • 0.0 mi • K-12
- Westland Hialeah Senior High • 0.0 mi • K-12
- John G. Dupuis Elementary • 0.0 mi • K-12
Nearby Hospitals
Within 3 miles
No nearby hospitals found.
Crime Overview
Crime data unavailable for this area.
