10 W 53rd Ter
Hialeah, FL 33012
1575 sqft | 4 beds | 3 baths | #A11662830
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
Property Details
- InteriorFirst Floor Entry, Closet Cabinetry, Pantry, Attic, Family Room, Separate Guest/In-Law Quarters, Utility Room/Laundry
- Lot Description1/4 To Less Than 1/2 Acre Lot
- Parking TypeCircular Driveway, Driveway
- Property SubtypeSingle Family Residence
- CountyMiami-Dade County
- SubdivisionPALM SPRINGS AMD
- Utility SourceMunicipal Water
- Sewer InformationPublic Sewer
- MLS #A11662830
- MLS #A11662830
- Property TypePurchase
- Cost1500000
- ViewGarden
- Structure TypeHouse
- Square Feet1575
- Year Built1952
- Bedrooms4
- Bathrooms3
- Full Baths3
- Pets1
- Waterfront1
Location
Legal
MIAMI ASSOCIATION OF REALTORS® All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of the Multiple Listing Service. Real estate listings held by brokerage firms other than Marjo Realty Co. may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS.
Last Updated: . Source: MAOR
Listing Courtesy
Listing Agent: Ileana Rodriguez (#0392092)
Listing Office: RE/MAX Advance Realty II (#ADVA01)
Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.
