10 W 53rd Ter, Hialeah, 33012

  • $1,400,000

Buy

Hialeah

10 W 53rd Ter, Hialeah, 33012

Hialeah

  • $1,400,000

Quick Details

MLS #: A11635359
  • 13127
  • Lot sqft

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
  • City Hialeah
  • State/county Florida
  • Zip/Postal Code 33012
  • Area Miami-dade County

Details

  • MLS #: A11635359
  • Price: $1,400,000
  • Land Area: 13127 sqft
  • Property Status: Buy
Listed by Ileana Rodriguez · RE/MAX Advance Realty II - Updated on February 22, 2025 at 1:08 pm

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