For Sale
10 53rd Ter, Hialeah, Florida 33012
$1,500,000
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
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Details
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Property Type: For Sale
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Listing Type: For Sale
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Listing ID: A11635359
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Price: $1,500,000
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View: Garden,pool
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Bedrooms: 0
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Bathrooms: 0
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Half Bathrooms: 0
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Square Footage: 0 Sqft
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Year Built: 0
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Status: Active
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Original Property Type: Land
Features
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Utilities : Cable Available, Electricity Available, Sewer Available, Phone Available, Trash Collection
Location
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Country US
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State FL
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County Miami-Dade County
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City Hialeah
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Subdivision PALM SPRINGS AMD
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Zipcode 33012
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Neighborhood: Hialeah
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Street: 53rd Ter
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Street Number: 10
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Floor Number: 0
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Longitude: E0° 0' 0''
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Latitude: N0° 0' 0''
Additional Info
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UnBranded Virtual Tour: https://www.propertypanorama.com/instaview/mia/A11635359
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Waterfront: Yes
