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10 W 53rd Ter, Hialeah FL 33012

House For Sale
$1,500,000

BTC: 23.50433310

ETH: 588.23529412

New
Waterfront
4 bds
3 ba
1,575 sqft
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

Facts and features

Type:
Residential
Parking:
Circular Driveway / Driveway
Year Built:
1952
Lot:
13127 Square Feet
Heating:
Central
Price/sqft:
$952
Cooling:
Central Air
HOA:
No Data
All facts and features
  • Flooring

    • Tile

    Heating

    • Central

    Cooling

    • Central Air

    Appliances

    • Dishwasher

    • Dryer

    • Microwave

    • Electric Range

    • Refrigerator

    • Washer

    Other interior features

    • First Floor Entry

    • Closet Cabinetry

    • Pantry

    • Attic

    • Family Room

    • Separate Guest/In-Law Quarters

    • Utility Room/Laundry

    Bedrooms and bathrooms

    • Bedrooms: 4

    • Full bathrooms: 3

  • Parking

    • Circular Driveway

    • Driveway

    Lot

    • Lot: 13127 Square Feet

    Other Property Information

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

    • Zoning: 4400

  • Type and style

    • Property Type: Residential

    • Property Sub Type: Single Family Residence

  • Other financial information

    • Annual tax amount: $4,939

  • Source details

    • MLS ID: A11662830

    Other facts

    • Construction Materials: CBS Construction

    • Laundry Features: Utility Room/Laundry

    • Lot Features: 1/4 To Less Than 1/2 Acre Lot

    • Patio And Porch Features: Open Porch

    • Window Features: Complete Impact Glass

    • Direction Faces: East

    • Other Structures: Extra Building/Shed

    • Architectural Style: Detached / One Story / Ranch

    • Waterfront: Yes

    • Living Area: 1575

    • Water Source: Municipal Water

    • 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