1950 W 54th Street 412, Hialeah, FL 33012 (MLS# A12018558)

1950 W 54th Street 412, Hialeah, FL 33012

$260,000
Property Type: Residential Bedrooms: 2 Baths: 2 Square Footage: 1,080 Status: Active
Current Price: $260,000 List Date: 5/20/2026 Last Modified: 7/01/2026

Overview

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. 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 ex ...

Listing Details MLS# A12018558

General Property Information

Unit Floor #
4
Property Sub Type
Condominium
Bedrooms Total
2
Bathrooms Total
2
Bathrooms Full
2
Building Area Main
1080
Living Area Main
1080
Adjusted Area Main
1080
Year Built
1974
Senior Community YN
Yes
Stories Total
4

Property Features

Application Information: Association Approval Required Association Amenities: Maintenance Association Fee Includes: Common Areas; Elevator; Insurance; Maintenance Grounds; Maintenance Structure; Pool Service; Reserve Funds; Roof Repairs; Sewer; Trash; Water Electric: Circuit Breakers Flooring: Tile Leasing Permitted Details: Okay To Lease Parking Features: Assigned; Deeded; Garage Door Opener; Guest Property Condition: Resale; Updated/Remodeled Appliances: Dryer; Electric Range; Microwave; Oven; Refrigerator; Washer Architectural Style: Other Construction Materials: Block Cooling: Central Air Association Type: Condominium Heating: Central; Electric Interior Features: Closet Cabinetry; Entrance Foyer; Walk-In Closet(s) Listing Terms: Cash Pets Allowed YN: Yes Pets Allowed: Pet Restrictions Possible Possession: Negotiable Security Features: Security Fence; Smoke Detector(s) Special Information: Sold As-Is Tax Information: City/County View: Pool Showing Requirements: Appointment Only; Call Listing Agent

Contract Information

Comp Sale YN
No
Original List Price
260000
Occupant Type
Call Listing Agent

Location and Legal

Country
United States
County Or Parish
Miami-Dade
County Parish Name
Miami-Dade
Street Number
1950
Street Direction Prefix
W
Street Name
54th
Street Suffix
Street
Unit Number
412
City Name
Hialeah
Municipal Code
4
State Or Province
FL
Postal Code
33012
Postal Code +4
2114
Postal Zip
33012
Subdivision Name
WESTLAND-EDEN CONDO I
Area
2200
Elementary School
John G. Dupuis
Middle Or Junior School
Hialeah Gardens
High School
Hialeah-Miami Lakes
Special Assessment YN
No
Parcel Number
0420350610540
Subdivision Number
61
Flood Zone
AH

Financial Information

Association YN
Yes
Association Fee
474
Association Fee Frequency
Monthly
Application Required YN
Yes
Membership Fee Required YN
No
Tax Annual Amount
3396
Tax Year
2025
Tax Legal Description
WESTLAND-EDEN CONDO I UNIT 412 - BLDG 3 UNDIV 1.142% INT IN COMMON ELEMENTS CLERKS FILE 75R-77602 OR 19693-4161 0501 1

Status Change Information

Major Change Timestamp
2026-05-20T04:00:00Z
Major Change Type
New Listing
Status Change Date
2026-05-20

More Information

Application Fee Details

Application Fee Required
Yes
Application Fee
150

Leasing Permitted Details

Leasing Permitted YN
Yes
Okay To Lease
Yes

Parking Information

Open Parking Spaces
2
Parking Space Number
2

Leasing Restrictions

Leasing - Max Times Per Year
Yes
Leasing - Minimum Number of Days
365

Storm Protection

Accordian Shutters
Complete

Price Calculations

Current Price To SqFt
240.74

Section Details

Parcel Number MLX
0540

Originating Details

Originating System Key
475051868
Originating System ID
M00000151

Office/Member Information

DXORIGMLSID
SEF

Application Information

Association Approval Required
Yes

Amenities

Elevator(s)
Yes
Fitness Center
Yes
Management
Yes
Parking
Yes
Pool
Yes

Association Amenities

Maintenance
Yes

Association Fee Includes

Common Areas
Yes
Elevator
Yes
Insurance
Yes
Maintenance Grounds
Yes
Maintenance Structure
Yes
Pool Service
Yes
Reserve Funds
Yes
Roof Repairs
Yes
Sewer
Yes
Trash
Yes
Water
Yes

Electric

Circuit Breakers
Yes

Flooring

Tile
Yes

Parking Features

Assigned
Yes
Deeded
Yes
Garage Door Opener
Yes
Guest
Yes

Property Condition

Resale
Yes
Updated/Remodeled
Yes

Possession

Negotiable
Yes

Special Information

Sold As-Is
Yes

View

Pool
Yes

Heating

Central
Yes
Electric
Yes

Appliances

Dryer
Yes
Electric Range
Yes
Microwave
Yes
Oven
Yes
Refrigerator
Yes
Washer
Yes

Construction Materials

Block
Yes

Interior Features

Closet Cabinetry
Yes
Entrance Foyer
Yes
Walk-In Closet(s)
Yes

Listing Terms

Cash
Yes

Security Features

Security Fence
Yes
Smoke Detector(s)
Yes

Architectural Style

Other
Yes

Cooling

Central Air
Yes
Electric
Yes

Association Type

Condominium
Yes

Showing Requirements

Appointment Only
Yes
Call Listing Agent
Yes

Master Bedroom/Bath

Separate Shower
Yes
Separate Tub
Yes

Pets Allowed YN

Yes
Yes

Pets Allowed

Pet Restrictions Possible
Yes

Tax Information

City/County
Yes

Documents

IDX
Listing Office: Compass Florida, LLC
Last Updated: July - 01 - 2026
This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. Copyright 2026 Beaches Multiple Listing Service, Inc. All rights reserved. Information Not Guaranteed and Must Be Confirmed by End User. Site contains live data.
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