1950 W 54th Street Unit 412, Hialeah, FL 33012

$260,000
2
BD
2
BA
1,080
SqFt

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List Price
$260,000
Days on Market
73
MLS#
A12018558
Bedrooms
2
Full Bathrooms
2
Sq. Ft
1,080
Subtype
Condominium
County
Miami-Dade
Subdivision
Westland-Eden Condo I
Year Built
1974

Property 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 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!

Additional Information

Hoa
Yes
Hoa Amount
474
Pets Allowed
Pet Restrictions, Yes
Construction
Block
Cooling
Central Air, Electric
Flooring
Tile
Heating
Central, Electric
Security
Smoke Detector(s), Security Fence
Taxes
$3,396
View
Pool
Amenities
Fitness Center, Maintenance Grounds, Management, Pool, Parking, Elevator(s)
Stories
4
Price Per Sqft
$240
Elementary School
John G. Dupuis
Middle School
Hialeah Gardens
High School
Hialeah-Miami Lakes

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Listing courtesy of Compass Florida, LLC. Contact:

All listings featuring the BMLS logo are provided by Beaches MLS Inc. Copyright 2026 Beaches MLS. This information is not verified for authenticity or accuracy and is not guaranteed. © 2026 Beaches Multiple Listing Service, Inc. All rights reserved.


Agent: Nancy Sanabria | Email: nancy.sanabria@compass.com