Condominium
1950 W 54th St # 412
1950 W 54th St # 412, Hialeah FL 33012
$260,000
2 Beds · 2 Baths · 1,080 SqFt
See estimated monthly costThis listing is courtesy of Compass Florida, LLC. Nancy Sanabria
Overview
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!
Facts & features
Interior
- Living area (sq ft)
- 1,080
- Full bathrooms
- 2
- Closet Cabinetry
- Entrance Foyer
- Walk-In Closet(s)
Building & exterior
- Year built
- 1974
- Pool Area View
- Other
- 2 Or More Spaces
- Assigned
- Deeded
- Guest
HOA (homeowners association)
- Association fee
- $474 per month
- Pets allowed
- Yes
- Elevator(s)
- Exercise Room
- Pool
- Ok To Lease
- Restrictions Or Possible Restrictions
Taxes
- Annual tax
- $3,396
- Tax year
- 2025
- Parcel number
- 04-20-35-061-0540
Assigned schools
- Elementary
- Dupuis; J.G.
- Middle
- Hialeah Gardens
- High
- Hialeah-Miami Lakes
Listing
- MLS number
- A12018558
- Property type
- Condominium
- Price per SqFt
- $241
- Subdivision
- WESTLAND-EDEN CONDO I
- On market since
- May 20, 2026
- Days on market
- 98
Estimated monthly cost
$2,267 per month
- Principal & interest (30 yr)
- $1,315
- Property tax
- $283
- Insurance (estimated)
- $195
- Association fee
- $474
An estimate for comparison only — not a loan offer, a quote, or a commitment to lend. Actual taxes, insurance and financing terms will differ.
Location
Nearby schools
- Tiny Smile Learning Center
- Jiny''s Learning Center
- Mater Performing Arts & Entertainment Academy
- Mater Academy Charter Middle School
- Mater Academy Charter High School
- Mater Academy Charter Middle School
- American Christian School Art Center
- Mater Academy Elementary Building
- Mater Academy Elementary Building
- Little Children''s Learning Academy
- Petite World Preschool
- Stars of the World Day Care II
- New Aladdin Learning Center
- M.A. Milam K-8 Center
- Ben Sheppard Elementary PLC-V
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Comparables in this building
- 1950 W 54th St # 206, Hialeah FL 33012 $235,000
- 1950 W 54th St # 105, Hialeah FL 33012 $235,000
- 1950 W 54th St # 112, Hialeah FL 33012 $235,000
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