$260,000
Hialeah, FL 33012
MLS# A12018558
2 beds | 2 baths | 1080 sqft
1 / 15
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!
Details
Maps
Contract Information
Comp Sale YN: No
Occupant Type: Call Listing Agent
Listing Date: 2026-05-20
Status: Active
Original List Price: 260000
List Price: $260,000
Current Price: $260,000
Location and Legal
County Or Parish: Miami-Dade
County Parish Name: Miami-Dade
City Name: Hialeah
Municipal Code: 4
Postal Zip: 33012
Subdivision Number: 61
Special Assessment YN: No
Flood Zone: AH
Country: United States
Street Number: 1950
Street Direction Prefix: W
Street Name: 54th
Street Suffix: Street
Unit Number: 412
State Or Province: FL
Postal Code: 33012
Postal Code +4: 2114
Subdivision Name: WESTLAND-EDEN CONDO I
Area: 2200
Elementary School: John G. Dupuis
Middle Or Junior School: Hialeah Gardens
High School: Hialeah-Miami Lakes
Parcel Number: 0420350610540
General Property Information
Unit Floor #: 4
Adjusted Area Main: 1080
Living Area Main: 1080
Senior Community YN: Yes
Stories Total: 4
Property Sub Type: Condominium
Bedrooms Total: 2
Bathrooms Total: 2
Bathrooms Full: 2
Building Area Main: 1080
Year Built: 1974
Financial Information
Application Required YN: Yes
Estimated Monthly Assoc Recurring Fee: 474
Membership Fee Required YN: No
Association YN: 1
Association Fee: 474
Association Fee Frequency: Monthly
Tax Annual Amount: 3396
Tax Year: 2025
Tax Legal Description: WESTLAND-EDEN CONDO I UNIT 412 - BLDG 3 UNDIV 1.142% INT IN COMMON ELEMENTS CLERKS FILE 75R-77602 OR 19693-4161 0501 1
Office/Member Information
DXORIGMLSID: SEF
Application Fee Details
Application Fee Required: Yes
Application Fee: 150
Application Information
Association Approval Required: 1
Amenities
Elevator(s): 1
Fitness Center: 1
Management: 1
Parking: 1
Pool: 1
Association Amenities
Maintenance: 1
Association Fee Includes
Common Areas: 1
Elevator: 1
Insurance: 1
Maintenance Grounds: 1
Maintenance Structure: 1
Pool Service: 1
Reserve Funds: 1
Roof Repairs: 1
Sewer: 1
Trash: 1
Water: 1
Electric
Circuit Breakers: 1
Flooring
Tile: 1
Leasing Permitted Details
Leasing Permitted YN: Yes
Okay To Lease: 1
Parking Features
Assigned: 1
Deeded: 1
Garage Door Opener: 1
Guest: 1
Parking Information
Open Parking Spaces: 2
Parking Space Number: 2
Property Condition
Resale: 1
Updated/Remodeled: 1
Possession
Negotiable: 1
Special Information
Sold As-Is: 1
View
Pool: 1
Heating
Central: 1
Electric: 1
Leasing Restrictions
Leasing - Max Times Per Year: 1
Leasing - Minimum Number of Days: 365
Appliances
Dryer: 1
Electric Range: 1
Microwave: 1
Oven: 1
Refrigerator: 1
Washer: 1
Construction Materials
Block: 1
Interior Features
Closet Cabinetry: 1
Entrance Foyer: 1
Walk-In Closet(s): 1
Listing Terms
Cash: 1
Security Features
Security Fence: 1
Smoke Detector(s): 1
Architectural Style
Other: 1
Cooling
Central Air: 1
Electric: 1
Association Type
Condominium: 1
Showing Requirements
Appointment Only: 1
Call Listing Agent: 1
Master Bedroom/Bath
Separate Shower: 1
Separate Tub: 1
Pets Allowed YN
Yes: 1
Pets Allowed
Pet Restrictions Possible: 1
Storm Protection
Accordian Shutters: Complete
Tax Information
City/County: 1
Price Calculations
Current Price To SqFt: 240.74
Section Details
Parcel Number MLX: 0540
Status Change Information
Major Change Timestamp: 2026-05-20T04:00:00Z
Major Change Type: New Listing
Status Change Date: 2026-05-20
Originating Details
Originating System Key: 475051868
Originating System ID: M00000151
Property Features
Application Information: Association Approval Required
Association Amenities: Maintenance
Association Fee Includes: Common Areas; Elevator; Insurance; Maintenance Grounds; Maintenance Structure; Pool Service; Reserve Funds; Roof Repairs; Sewer; Trash; Water
Electric: Circuit Breakers
Flooring: Tile
Leasing Permitted Details: Okay To Lease
Parking Features: Assigned; Deeded; Garage Door Opener; Guest
Property Condition: Resale; Updated/Remodeled
Appliances: Dryer; Electric Range; Microwave; Oven; Refrigerator; Washer
Architectural Style: Other
Construction Materials: Block
Cooling: Central Air
Association Type: Condominium
Heating: Central; Electric
Interior Features: Closet Cabinetry; Entrance Foyer; Walk-In Closet(s)
Listing Terms: Cash
Pets Allowed YN: Yes
Pets Allowed: Pet Restrictions Possible
Possession: Negotiable
Security Features: Security Fence; Smoke Detector(s)
Special Information: Sold As-Is
Tax Information: City/County
View: Pool
Showing Requirements: Appointment Only; Call Listing Agent
Listing Office: Compass Florida, LLC
Last Updated: October - 18 - 2026
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