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10 W 53rd Ter, Hialeah FL 33012

Commercial For Sale
$1,500,000

BTC: 20.70253929

ETH: 576.35558834

85 days
Waterfront
0 room(s)
Est. Estimated sales range: $0 - $0
$0

Overview

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

Florida • Hialeah • 33012 • Commercial • For Sale • Waterfront

Facts and features

Type:
Commercial Land
Parking:
No Data
Year Built:
No Data
Lot:
0.32 Acres
Heating:
No Data
Price/sqft:
No Data
Cooling:
No Data
HOA:
No Data
All facts and features

  • Lot

    • Lot: 0.32 Acres

    Other Property Information

    • Parcel Number: 04-21-31-001-1590

    • Zoning: 4400

  • Type and style

    • Property Type: Commercial Land

  • Utility

    • Cable Connected

    • Electricity Connected

    • Natural Gas Connected

    • Phone Connected

    • Sewer Connected

    • Water Connected

    • Cable Available

    • Electricity Available

    • Phone Available

    • Sewer Available

    • Trash Removal

  • Other financial information

    • Annual tax amount: $4,939

  • Source details

    • MLS ID: A11635359

    Other facts

    • Lot Features: Central Business District / Less Than 1 Acre

    • Window Features: Complete Impact Glass

    • Waterfront: Yes

    • Water Source: Municipal Water

    • Lot Size Dimensions: 85x105

    • Subdivision Name: PALM SPRINGS AMD

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The multiple listing information is provided by the Miami Association of REALTORS® from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2024-present Miami Association of REALTORS®. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: RE/MAX Advance Realty II