$260,000
1950 W 54th St # 406, Hialeah FL 33012
2 beds · 2 baths · 1,080 sq ft · Condominium · Active
MLS# A12018559 · Listing courtesy of Compass Florida, LLC
Facts
- Bedrooms
- 2
- Bathrooms
- 2
- Living area
- 1,080 sq ft
- Price per sq ft
- $241
- Type
- Condominium
- Year built
- 1974
- Floor
- 4 of 4
- Furnished
- Unfurnished
- Association fee
- $474 monthly
- Taxes
- $3,396 (2025)
- Listed
- May 20, 2026
About this residence
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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Location
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Listing data last updated 10/21/2026, 10:00:53 AM ET.