10 W 53rd Ter
Hialeah, FL 33012
$1,500,000
Active
31+
$1,500,000
Active
Bedrooms
Bathrooms
N/A
Half Baths
Size Sq. Ft.
62
DOM
10 W 53rd Ter
Hialeah, FL 33012
Beds, Baths, Sq.Ft.
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
Listing Summary
- Address 10 W 53rd Ter
- City Hialeah
- County Miami-Dade
- Zip 33012
- Price $1,500,000
- Status Active
- Subdivision Palm Springs Amd
- Pets Allowed No
- MLS® # A11635359
- Property Type Land
- Property Sub Type
- Status Active
- Square Feet
- Year Built
- Waterfront Yes
- Maintenance Fees No Info Provided
- Taxes $4,939
- Tax Year 2023
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The data relating to real estate for sale on this web site comes in part from the participating Associations of the Miami Multiple Listing Service. The MLS data provided for the property above (A11635359) is provided courtesy of (RE/MAX Advance Realty II). The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Data last updated on 11-26-2024. IDX powered by Realty Net Media