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Overview
- Updated On:
- September 20, 2024
- 4 Bedrooms
- 3 Bathrooms
- 1,575.00 ft2
Description
Development Potential: approved plans: 4 units, each with 3 bedrooms and 2 bathrooms (1,600 sq ft per unit) Potential income $14,000 per month Maximum potential: (plans can be modified)to up to 12 units . Additional Considerations: Appreciation: Plans include 8 parking spaces, which may need to be increased if the number of units is maximized. Rental market: Research the local rental market to determine demand for 3/2 units and potential rental rates. Overall, this property offers significant potential for investors looking to capitalize on the growing demand for multifamily housing. Current State: Main house: 4 bedrooms, 3 bathrooms (potential rental income) Efficiency unit: 1 bedroom, 1 bathroom Land: 13,127 sq ft corner lot
Address: 10 W 53rd Ter, Hialeah FL 33012
City: Hialeah
Area: PALM SPRINGS AMD
State/County: Miami-Dade County
Zip: 33012
Country: United States
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Property Id : 12325208
Price: $ 1,500,000
Property Size: 1,575.00 ft2
Bedrooms: 4
Bathrooms: 3
Community Features: None
Building Name: PALM SPRINGS AMD
List Office Name: RE/MAX Advance Realty II
Bathrooms Full: 3
Bathrooms Half: 0
Bathrooms Total Decimal: 3
Cooling: Central Air
Frontage Length: 100
Days On Market: 0
Direction Faces: East
Door Features: High Impact Doors
Electric: Circuit Breakers
Flooring: Tile
Garage Spaces: 0
Heating: Central
Laundry Features: Utility Room/Laundry
On Market Date: 2024-09-19
Pets Allowed: Yes
Listing Id: A11662830
Lot Features: 1/4 To Less Than 1/2 Acre Lot
Lot Size Units: Square Feet
Year Built Details: Resale
Street Name: 53rd Ter
Street Number: 10
Street Number Numeric: 10
View: Garden
Water Source: Municipal Water
Waterfront Features: WF/No Ocean Access,Canal Front
Window Features: Complete Impact Glass
Other Features
Attic
Closet Cabinetry
Dishwasher
Dryer
Electric Range
Family Room
First Floor Entry
Has a View
Has Cooling System
Has Heating System
Has Waterfront
Microwave
Open Parking
Pantry
Refrigerator
Separate Guest/In-Law Quarters
Utility Room/Laundry
Washer
$ 7,690.80
per month- Principal and Interest
- Property Tax
- HOA fee
$ 5,815.80
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