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Property
Beds
2
Full Baths
1
1/2 Baths
None
Year Built
1991
Sq.Footage
696
OPPORTUNITY KNOCKS! WEST HIALEAH REAL ESTATE PORTFOLIO! Incredible turnkey opportunity for Cash Investors of 4 strategic condo units sold together for immediate, stabilized cash flow 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, 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 after taxes & assoc fees. 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 regularly maintained HVAC, hot water heaters and electric as well as updated bathrooms & kitchens. The portfolio is highly stabilized with leases extending into 2027, and one unit market-ready for immediate income. Strategically located in a central commuter hub tailored for the essential workforce, tenants enjoy short commutes via the Palmetto Expressway, SR 924, 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!
Features & Amenities
Interior
-
Other Interior Features
Master Downstairs
-
Total Bedrooms
2
-
Bathrooms
1
-
Cooling YN
YES
-
Cooling
Central Air, Electric
-
Heating YN
YES
-
Heating
Central, Electric
-
Pet friendly
Yes
Exterior
-
Garage
No
-
Construction Materials
Block
-
Parking
Assigned, Deeded, Guest
-
Pool
No
-
Waterfront YN
YES
-
View
Garden
Area & Lot
-
Lot Features
Waterfront
-
Property Type
Residential
-
Property Sub Type
Condominium
Price
-
Sales Price
$225,000
-
Tax Amount
$2,716
-
Sq. Footage
696
-
Price/SqFt
$323
HOA
-
Association
Yes
-
Association Fee
$300
-
Association Fee Frequency
Monthly
-
Association Fee Includes
N/A
School District
-
Elementary School
West Hialeah Gardens
-
Middle School
Palm Springs
-
High School
Hialeah Gardens High
Property Features
-
Stories
2
-
Association Amenities
Laundry, Other, Management, Parking
-
Senior Community YN
NO
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Location
County
Miami-Dade
Elementary School
West Hialeah Gardens
Middle School
Palm Springs
High School
Hialeah Gardens High
Listing Courtesy of Nancy Sanabria , Compass Florida, LLC
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Realtor
Jarrod Gaylis
Call Jarrod today to schedule a private showing.
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