$260,000
2 bd · 2 ba · 1,080 sq ft · Condominium
1950 W 54th St # 412, Hialeah FL 33012
For Sale · Active listing
Est. payment $1,429/mo · Mortgage calculator
Listed by Compass Florida, LLC / Nancy Sanabria
Contact: 305-785-4491 (listing contact).
Shown through Slice Realty. Requests from this page reach Slice Realty / Propiedad Futura, not the listing agent.
About this home
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!
Facts
- MLS #
- A12018558
- Subdivision
- WESTLAND-EDEN CONDO I
- Property type
- Residential
- Property subtype
- Condominium
- Sq. ft.
- 1,080
- Price per sq. ft.
- $241 / sq ft
- Year built
- 1974
- Days on market
- 151
- County
- Miami-Dade County
- Date listed
- May 20, 2026
- Last updated
- Oct 18, 2026
Financial considerations
- HOA fee
- $474 monthly
- Taxes
- $3,396 (2025)
- HOA amenities
- Elevator(s), Exercise Room, Pool
Exterior features
- Waterfront
- No
- View
- Pool Area View
- Construction
- Concrete Block Construction
- Additional features
- Other
Interior features
- Heating
- Central, Electric
- Cooling
- Central Air, Electric
- Appliances
- Dryer, Microwave, Electric Range, Refrigerator, Wall Oven, Washer
- Window features
- Complete Accordian Shutters, Hurricane Shutters
- Additional features
- Closet Cabinetry, Entrance Foyer, Walk-In Closet(s)
Additional features
- Pets allowed
- Restrictions Or Possible Restrictions
- Security
- Smoke Detector, Complex Fenced
Mortgage calculator
Includes principal and interest, taxes and insurance.
Rate: Freddie Mac 30-year average (2026-10-22). Estimate only.
Local context (our analysis)
Area stats are available for our covered neighborhoods. See neighborhoods.
Source: Southeast Florida MLS (SEFMLS). Last updated Oct 18, 2026, 7:41 AM ET
Listing data is deemed reliable but is not guaranteed accurate by the MLS. Information is provided for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.