Property 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
Features
- View
- Sewer
Address Map
- State:
- FL
- County:
- Miami-Dade
- City:
- Hialeah
- Zipcode:
- 33012
- Street:
- 10 W 53rd Ter, Hialeah, Florida 33012
- Longitude:
- W81° 42' 59.6''
- Latitude:
- N25° 52' 15.2''
MLS Addon
- Cumulative DOM:
- 422
- DOM:
- 555
- Internet Address Display:
- 1
- Internet Listing Display:
- 1
- Listing Terms:
- Cash,Conventional,Owner May Carry
- Lot Features
- LotSize Dimensions:
- 85x105
- Parcel Number:
- 04-21-31-001-1590
- Subdivision Name:
- PALM SPRINGS AMD
- Tax Annual Amount:
- $4,939
- Tax Year:
- 2023
- Utilities
- Virtual Tour:
- Click Here
- Waterfront Features
- Window Features:
- Impact Glass
Land For Sale
10 W 53rd Ter, Hialeah, Florida 33012, Hialeah, Florida 33012
13,127 Sqft
$1,400,000
MLS # #A11635359
Basic Details
- Property Type :
- Land
- Listing Type :
- For Sale
- Price :
- $1,400,000
- Lot Area :
- 13,127 Sqft
- MLS # :
- A11635359
- Property Sub Type :
- Multi Family
