ELITE 4-UNIT CONDO INVESTMENT PACKAGE IN WEST HIALEAH, 4-UNITS SOLD JOINTLY ONLY. Incredible turnkey opportunity for Cash Investors of 4 condo units sold jointly for high-ROI in a high-demand submarket. Perfect for investors seeking a low-maintenance cash cow, this portfolio consists of three 2-bed/2-bath & one 2-bed/1-bath units across three premier, clustered condominium complexes: Lago Azul (New roof in progress), Westland Eden I & Westland Eden II (MLS: A12018601, A12018600, A12018559, A12018558). Generating an attractive Gross Scheduled Income of $109,200/yr with an outstanding NOI of $77,408, it boasts an incredible 71% operating efficiency. Enjoy a unique investor advantage with minimal operational friction, low association fees, reserved parking, and no pending assessments in well-managed, well-funded associations. Capital improvements include maintained HVAC, hot water heaters & electric as well as updated bathrooms & kitchens. The portfolio is highly stabilized with leases extending into 2027. Strategically located in a central commuter hub tailored for the essential workforce, tenants enjoy short commutes via the Palmetto Expressway, and I-75. Moments from Miami International Airport, Miami Dade College, Mount Sinai Medical Center, Westland Mall, Sedanos, Publix, local schools, and the Wilde Community Center & Library. Don't miss this high-yield, turnkey investment!
For sale
$260,000
1950 W 54th St APT 412, Hialeah, FL 33012
2beds
1,080sqft
Condominium
Built in 1974
-- sqft lot
$-- Zestimate®
$241/sqft
$474/mo HOA
What's special
Reserved parkingNew roof in progressUpdated bathroomsMaintained hvac
- 46 days |
- 81 |
- 5 |
Zillow last checked:
Listing updated:
Listed by:
Nancy Sanabria 305-785-4491,
Compass Florida, LLC
Source: MIAMI,MLS#: A12018558
Originating MLS: A-Miami Association of REALTORS
Originating MLS: A-Miami Association of REALTORSLoading...
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Central, Electric
Cooling
- Central Air, Electric
Appliances
- Included: Dryer, Microwave, Electric Range, Refrigerator, Oven, Washer
Features
- Closet Cabinetry, Entrance Foyer, Walk-In Closet(s)
- Flooring: Tile
- Windows: Complete Accordian Shutters, Hurricane Shutters
Interior area
- Total structure area: 1,080
- Total interior livable area: 1,080 sqft
Video & virtual tour
Property
Parking
- Parking features: 2 Or More Spaces, Assigned, Deeded, Guest, Garage Door Opener
Features
- Entry location: Foyer
- Exterior features: Other
- Pool features: Association
- Has view: Yes
- View description: Pool
Details
- Parcel number: 0420350610540
Construction
Type & style
- Home type: Condo
- Property subtype: Condominium
- Attached to another structure: Yes
Materials
- Concrete Block Construction
Condition
- Updated/Remodeled
- Year built: 1974
Utilities & green energy
- Electric: Circuit Breakers
Community & HOA
Community
- Security: Smoke Detector, Complex Fenced
- Application fee: $150
- Pet fee: $1
- Subdivision: Westland-Eden Condo I
HOA
- Has HOA: Yes
- Amenities included: Elevator(s), Fitness Center, Pool
- HOA fee: $474 monthly
Location
- Region: Hialeah
Financial & listing details
- Price per square foot: $241/sqft
- Tax assessed value: $191,061
- Annual tax amount: $3,396
- Date on market: 5/20/2026
- Listing terms: All Cash
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 5/21/2026 | Listed for sale | $260,000$241/sqft |
Source:  MIAMI #A12018558 Report a problem | ||
| 4/17/2026 | Listing removed | $260,000$241/sqft |
Source: MIAMI #A11948193 Report a problem | ||
| 1/20/2026 | Listed for sale | $260,000$241/sqft |
Source: MIAMI #A11948193 Report a problem | ||
| 1/12/2026 | Listing removed | $2,600$2/sqft |
Source: Zillow Rentals Report a problem | ||
| 11/16/2025 | Listed for rent | $2,600+4%$2/sqft |
Source: Zillow Rentals Report a problem | ||
| 11/8/2025 | Listing removed | $260,000$241/sqft |
Source: MIAMI #A11859320 Report a problem | ||
| 8/20/2025 | Listed for sale | $260,000-11.9%$241/sqft |
Source: MIAMI #A11859320 Report a problem | ||
| 7/21/2024 | Listing removed | -- |
Source: Owner Report a problem | ||
| 4/18/2024 | Listed for sale | $295,000+360.9%$273/sqft |
Source: Owner Report a problem | ||
| 1/20/2023 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 12/31/2022 | Listed for rent | $2,500+66.7%$2/sqft |
Source: Zillow Rentals Report a problem | ||
| 3/24/2021 | Listing removed | -- |
Source: Owner Report a problem | ||
| 3/1/2019 | Listing removed | $1,500$1/sqft |
Source: Owner Report a problem | ||
| 1/22/2019 | Listed for rent | $1,500$1/sqft |
Source: Owner Report a problem | ||
| 9/23/2014 | Sold | $64,000-11.1%$59/sqft |
Source: Public Record Report a problem | ||
| 5/31/2001 | Sold | $72,000+24.1%$67/sqft |
Source: Public Record Report a problem | ||
| 6/25/1999 | Sold | $58,000+5.5%$54/sqft |
Source: Public Record Report a problem | ||
| 12/27/1994 | Sold | $55,000$51/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $3,538 +1.8% | $189,002 +10% |
| 2024 | $3,474 +11.3% | $171,820 +10% |
| 2023 | $3,122 +17.2% | $156,200 +10% |
| 2022 | $2,664 +6.3% | $142,000 +9.2% |
| 2021 | $2,506 +2.3% | $130,000 +2.6% |
| 2020 | $2,449 -0.3% | $126,700 0% |
| 2019 | $2,455 +9.8% | $126,706 +8.7% |
| 2018 | $2,235 | $116,590 +10% |
| 2017 | $2,235 +6.1% | $105,991 +10% |
| 2016 | $2,106 +19.6% | $96,356 +9% |
| 2015 | $1,761 +54.9% | $88,400 +63.6% |
| 2014 | $1,136 +14.3% | $54,021 +10% |
| 2013 | $995 | $49,110 |
| 2012 | $995 -11.6% | $49,110 -10% |
| 2011 | $1,124 -33.9% | $54,570 -30% |
| 2010 | $1,701 +2.7% | $77,960 -35% |
| 2009 | $1,656 -35.1% | $119,940 -4% |
| 2007 | $2,553 +231.4% | $124,930 |
| 2006 | $770 | -- |
| 2005 | $770 +2.3% | -- |
| 2004 | $753 +5.2% | -- |
| 2003 | $716 -2% | -- |
| 2002 | $731 | -- |
| 2001 | $731 | -- |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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Climate risks
Neighborhood: 33012
Nearby schools
GreatSchools rating
- 9/10John G. Dupuis Elementary SchoolGrades: PK-5Distance: 1 mi
- 8/10Hialeah Gardens Middle SchoolGrades: 6-8Distance: 1.8 mi
- 4/10Hialeah-Miami Lakes Senior High SchoolGrades: 9-12Distance: 1.9 mi
Schools provided by the listing agent
- Elementary: Dupuis; J.G.
- Middle: Hialeah Gardens
- High: Hialeah-Miami Lakes
Source: MIAMI. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
A local agent can set up tours, give advice and negotiate with sellers.
- Florida
- Miami-Dade County
- Hialeah
- 33012
- 1950 W 54th St Apartment 412
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