1950 W 54th St # 406, Hialeah FL 33012, photo 1
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$260,000

CondominiumActive
⏱️ Listed 62 days ago (~2 months)
2Beds
2Baths
1,080Sq Ft
1974Built

1950 W 54th St # 406, Hialeah FL 33012

MLS #A12018559

About This Property

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!

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Marie I. Sanjurjo
Licensed Broker
Blue Mar Real Estate Group
📞 (305) 680-5672💬 WhatsApp Marie✉️ [email protected]

Property Details

Property Type

Condominium

Year Built

1974

Living Area

1,080 sq ft

Bedrooms

2

Bathrooms

2

Pool

No

Waterfront

No

Cooling

Central Air, Electric

Heating

Central, Electric

Flooring

Tile

Construction

Concrete Block Construction

HOA Fee

$474 / Monthly

Annual Taxes

$3,396 (2025)

Days on Market

49

MLS #

A12018559

Features & Amenities

Interior

Closet CabinetryEntrance FoyerWalk-In Closet(s)

Appliances

DryerElectric Water HeaterIce MakerMicrowaveElectric RangeRefrigeratorWasher

Other

2 Or More SpacesAssignedDeededGuest

Nearby Schools

Assigned public schools pulled from Miami-Dade County Public Schools’s official attendance-boundary data. Verify current boundaries with MDCPS before buying — zones can change year to year.

Assigned Public Schools
Elementary
DuPuis, John G. Elementary
Grades PK-5
1150 W 59 Pl., Hialeah 33012
Middle
Hialeah Gardens MS
Grades 6-8
11690 NW 92 Ave., Hialeah Gardens 33018
High
Hialeah/Miami Lakes Senior High
Grades 9-12
7977 W 12 Ave., Hialeah 33014
Private Schools Within 5 Miles
Tiny Smile Learning Center0.3 mi
10550 NW 77th Ct, Hialeah Gardens
Jiny's Learning Center0.3 mi
5356 W 16th Ave, Hialeah
American Christian School Art Center0.4 mi
5888 W 20th Ave, Hialeah
Little Children's Learning Academy0.4 mi
1917 W 60th St, Hialeah
New Aladdin Learning Center0.5 mi
5918 W 16th Ave, Hialeah
Our Lady of Charity Private School0.6 mi
1900 W 44th Pl, Hialeah
Paradise Christian School and Development0.6 mi
6184 W 21st Ct, Hialeah
Snow White and The Seven Dwarfs School0.6 mi
2400 W 56th St, Hialeah

School data source: Miami-Dade County Open Data Hub

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Location

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City

Hialeah

State

FL

ZIP Code

33012

County

Miami-Dade County

$260,000
1950 W 54th St # 406, Hialeah FL 33012
2Beds
2Baths
1,080Sq Ft
📞 (305) 680-5672💬 WhatsApp
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1950 W 54th St # 406, Hialeah FL 33012$260,000

Listing provided by Nancy Sanabria at Compass Florida, LLC. Data from Miami Association of REALTORS®. All information deemed reliable but not guaranteed. Listing #A12018559.