Property 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
: Central
: Central Air
: Fenced
: Garden
: Open Porch
: Dishwasher, Electric Range, Refrigerator, Dryer, Microwave, Washer
: High Impact Doors
: Circuit Breakers
: Tile
0
: Closet Cabinetry, First Floor Entry, Family Room, Pantry, Separate Guest/in-law Quarters, Utility Room/laundry, Attic
: Utility Room/laundry
: 1/4 To Less Than 1/2 Acre Lot
: Driveway, Circular Driveway
: Shingle
: At Least 1 Bedroom Ground Level, Primary Bath Shower
: Breakfast Area, Formal Dining
: Utility Room/laundry, Family Room, Separate Guest/in-law Quarters, Attic
: Shower Only
: Public Sewer
Wf/no Ocean Access,canal Front
Address Map
FL
Miami-Dade County
Hialeah
33012
10 W 53rd Ter
PALM SPRINGS AMD
0
W81° 42' 59.4''
N25° 52' 15.3''
East
PALM SPRINGS AMD
MLS Addon
: Detached, One Story, Ranch
0
: Cbs Construction
155
: All Cash, Conventional
: Extra Building/shed
: House
$4,939
2023
: Municipal Water
4400
Residential For Sale
10 W 53rd Ter, Hialeah, Florida 33012
4 Bedrooms
3 Bathrooms
1,575 Sqft
$1,400,000
Listing ID #A11662830
Basic Details
Property Type : Residential
Property SubType : Single Family Residence
Listing Type : For Sale
Listing ID : A11662830
Price : $1,400,000
Bedrooms : 4
Bathrooms : 3
Square Footage : 1,575 Sqft
Year Built : 1952
Lot Area : 13,127 Sqft
Bathrooms Total : 3
Building Area : 1,730 Sqft
Status : Active
