$925,000
Hialeah, FL 33012
MLS# R10738709
Status: Closed
3507 sqft
1 / 45
Property Description
Incredible opportunity to own 7 individuals condos well located in the complex of Five Arches. This assembly of condos includes (4) 1 bedroom 1 bathrooms units and (3) studios apartments. All are occupied by long terms tenants and has cash flowing smoothly for years. The month HOA/Maintenance fee ranges from $123-$144 per month depending on the size of the unit. Please contact listing broker for further rent-roll information!
Details
Maps
Contract Information
Comp Sale YN: No
Listing Date: 2021-08-16
Status: Closed
Original List Price: 999990
Sold Price: $925,000
Current Price: $925,000
Location and Legal
County Or Parish: Miami-Dade
County Parish Name: Miami-Dade
City Name: Hialeah
Postal Zip: 33012
Geographic Area: DADE
Multiple Offers Accepted: Yes
Street Number: 1154
Street Direction Prefix: W
Street Name: 35th
Street Suffix: Street
Unit Number: 103,104,105,106,214,131,235
State Or Province: FL
Postal Code: 33012
Subdivision Name: FIVE ARCHES CONDO
Area: 2300
Parcel Number: 0430120430030
Zoning: 4600
Directions: West 12 Av and 35 St Building on Right side of the Street
General Property Information
Number Of Units Total: 7
Living Area Main: 3507
Gated Community YN: No
Senior Community YN: No
Stories: 2
Pool Private YN: No
Property Sub Type: Quadruplex
Building Area Main: 3507
Building Area Source: Public Records
Year Built: 1970
Financial Information
Application Required YN: Yes
Association Membership: Mandatory
Association YN: 1
Association Fee: 123144
Tax Annual Amount: 10036
Tax Year: 2020
Tax Legal Description: FIVE ARCHES CONDO UNIT 103 - 1ST FLOOR UNDIV .0150% INT IN COMMON ELEMENTS CLERKS FILES 74R-209572 OR 10890-725 0980 1
Office/Member Information
DXORIGMLSID: RML
Status Change Information
Buyer Financing: Cash
Major Change Timestamp: 2021-09-22T16:07:25Z
Major Change Type: Status Change
Status Change Date: 2021-09-22
Under Contract Date: 2021-09-02
Close Date: 2021-09-21
Close Price: 925000
Application Fee Details
Application Fee Required: Yes
Application Fee: 100
Association Amenities
Pool: 1
Flooring
Other: 1
Property Condition
Resale: 1
Short Sale Details
Short Sale Addendum: No
Documents Available
Copy Of Lease(s): 1
Meter Information
Separate Electric Meters YN: Yes
Separate Water Meters YN: Yes
Tenant Pays
Cable TV: 1
Electricity: 1
Sewer: 1
Water: 1
Possession
Close Of Escrow: 1
Utilities
Cable Available: 1
Water Available: 1
Heating
Central: 1
Water Access
None: 1
Construction Materials
CBS: 1
Listing Terms
Cash: 1
Conventional: 1
Road Surface Type
Paved: 1
Roof
Flat: 1
Water Source
Public: 1
Income and Expenses
Annual Total Expense: 11106.96
Gross Income: 79920
Net Operating Income: 68813.04
Source Of Expenses
Owner Provided: 1
Cooling
Central Air: 1
Showing Requirements
24 Hour Notice: 1
Storm Protection Details
None: 1
Tax Information
City/County: 1
Contingencies
None: 1
Unit 1 Details
Actual Rent: 1075
Baths Full: 1
Furnished: Unfurnished
SqFt: 591
Unit 1 Other Equipment
Air Conditioning Unit: 1
Unit 1 Parking Features
Parking Space: 1
Unit 2 Details
Actual Rent: 975
Baths Full: 1
Furnished: Unfurnished
SqFt: 591
Unit 2 Other Equipment
Air Conditioning Unit: 1
Unit 2 Parking Features
Parking Space: 1
Unit 3 Details
Actual Rent: 850
SqFt: 381
Unit 3 Other Equipment
Air Conditioning Unit: 1
Unit 3 Parking Features
Parking Space: 1
Unit 4 Details
Actual Rent: 1075
SqFt: 591
Unit 4 Other Equipment
Air Conditioning Unit: 1
Unit 4 Parking Features
Parking Space: 1
Price Calculations
Current Price To SqFt: 263.75
Original List Price To Close Price: 1.08
Originating Details
Originating System Key: 20210816124404110537000000
Originating System ID: M00000170
Property Features
Association Amenities: Pool
Documents Available: Copy Of Lease(s)
Flooring: Other
Property Condition: Resale
Tenant Pays: Cable TV; Electricity; Sewer; Water
Source Of Expenses: Owner Provided
Construction Materials: CBS
Cooling: Central Air
Heating: Central
Listing Terms: Cash; Conventional
Possession: Close Of Escrow
Road Surface Type: Paved
Roof: Flat
Storm Protection Details: None
Tax Information: City/County
Utilities: Cable Available; Water Available
Water Access: None
Water Source: Public
Showing Requirements: 24 Hour Notice
Unit 1 Other Equipment: Air Conditioning Unit
Unit 1 Parking Features: Parking Space
Unit 2 Other Equipment: Air Conditioning Unit
Unit 2 Parking Features: Parking Space
Unit 3 Other Equipment: Air Conditioning Unit
Unit 3 Parking Features: Parking Space
Unit 4 Other Equipment: Air Conditioning Unit
Unit 4 Parking Features: Parking Space
Contingencies: None
Listing Office: Sutter & Nugent LLC
Last Updated: August - 06 - 2026
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