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10 W 53rd Ter
HialeahFL 33012

$1,500,000
New Listing For Sale
Tools
Brochure
Size
0.32 Acres
Exterior
Financial
$1,500,000
Change Currency
$4,939
Annual taxes
Listing Details
Land
Property type
104935
Web Id
A11635359
MLS ID
29
Days Posted

Description

10 W 53rd Ter,

Hialeah, FL 33012

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

This is an Active listing.

Broker Office Phone Number: 305-251-2127

Copyright © 2024MIAMI Association of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Amenities

  • Waterfront

Price History

datepricevariancetype
8/19/2024$1,500,000-Listed
Listing By: RE/MAX Advance Realty II via Data Source: MIAMI Association of REALTORS® 
listing agent: Ileana Rodriguez


Located at 10 W 53rd Ter, Hialeah, Florida 33012, this Land is for Sale with a price of $1,500,000 USD. The property. This listing encompasses a lot of .32 Acres. See all Homes for Sale in Hialeah.
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