Nina Mormina - Preferred Properties Int'l Realty, Inc Logo
$260,000
 $1,396 est/mo Sourced by Back At You

1900 W 54th Street 220,Hialeah, FL 33012

Hialeah, FL 33012

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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 with 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 4 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

MLS #A12018600
Listing TypeFor Sale
StyleCondominium
HOA Dues$335
Sub-TypeResale
StatusActive
Year1975
Days On Site134
Listing Provided ByCompass Florida, LLC | Nancy Sanabria

Features

Bed(s)2
Bath(s) 2 Total
SQ Feet1,006
PoolYes
Story(s)4
Property ViewYes

Parking

Garage Yes / NoNo
Parking FeaturesAssigned, Deeded, Guest

Taxes

Tax Annual Amount3286

Area Information

StateFL
CountyMiami Dade
CityHialeah
Zip Code33012
Area2200
Community NameWESTLAND EDEN CONDO II
Listing VS Median (in WESTLAND EDEN CONDO II)
Price:
$260,000
low | high
Med:
$131,075
99.586538461538% of Average
sqft:
1,006
low | high
Med:
1,006
50% of Average
$ / sqft:
$258
low | high
Med:
$130
99.586538461538% of Average
On site:
134
low | high
Med:
68.5
100% of Average
Sourced by Back At You

Market Activity 33012

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Learn More About This Property

Nina Mormina

Nina Mormina

Preferred Properties Intl Realty Inc

BK704943 (786) 525-0500nina@investsouthflorida.com
StateFL
CountyMiami Dade
CityHialeah
Zip Code33012
Area2200
Community NameWESTLAND EDEN CONDO II
Listing VS Median (in WESTLAND EDEN CONDO II)
Price:
$260,000
low | high
Med:
$131,075
99.586538461538% of Average
sqft:
1,006
low | high
Med:
1,006
50% of Average
$ / sqft:
$258
low | high
Med:
$130
99.586538461538% of Average
On site:
134
low | high
Med:
68.5
100% of Average
Sourced by Back At You
Nearby Listings (Within 1/10 mile)
Price: $195K - $325K
sqft: 755 - 1,000
Nearby Listings Property ImageNearby Listings Details
1820 W 53rd Street 518 Property Photo 1
$245,000
1820 W 53rd Street 518
Hialeah, FL 33012
Listing Updated: September 29, 2026 at 1:42:22 AM PDT

Nina Mormina - Preferred Properties Int'l Realty, Inc