Palm Springs Amd For Sale
10 W 53rd Ter, Hialeah, FL 33012

$1,500,000
For Sale
Mila Bogatov
Mila Bogatov
Luxury Real Estate Broker

Details


  • MLS Number:A11635359
  • Virtual Tour: YES
  • List Price: $1,500,000
  • Taxes:$4,939
  • Waterfront:YES
  • Listing Date:August 5, 2024
  • Days On Market:140

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

Features


  • Waterfront:CanalAccess, CanalFront

Location


Price History


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Mila Bogatov
Mila Bogatov
Luxury Real Estate Broker