10 W 53rd Ter, Hialeah FL 33012

10 53rd Ter, Hialeah, FL, 33012
$1,500,000

Basics

Date added Added 6 days ago Category Type Status
Bedrooms 4 beds Bathrooms 3 baths Half baths 0 half baths Total rooms 0
Area, sq ft 1575 sq ft Lot size, sq ft 13127 sq ft Year built 1952 SubdivisionName PALM SPRINGS AMD
ListOfficeName RE/MAX Advance Realty II GarageSpaces 0 View Garden ListAOR Miami Association of REALTORS®
MLS ID A11662830

Description

  • 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

Location

  • CountyOrParish: Miami-Dade County

Building Details

Amenities & Features

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