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For sale
    • $260,000

    1950 W 54th St APT 412, Hialeah, FL 33012

    2beds
    1,080sqft
    : 
    $2,447/mo
    Get pre-qualified
    Condominium
    Built in 1974
    -- sqft lot
    $-- Zestimate®
    $241/sqft
    $474/mo HOA

    What's special

    Reserved parkingPremier clustered condominium complexesUpdated bathroomsMaintained hvacHot water heaters
    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 and 7.7% cap rate. 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!
    139 days
    60
    5

    Zillow last checked:

    Listing updated:

    Listed by:

    Nancy Sanabria 305-785-4491,

    Compass Florida, LLC

    Source: MIAMI,MLS#: A12018558MLS LogoOriginating MLS: A-Miami Association of REALTORS

      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

        DateEventPrice
        5/21/2026Listed for sale$260,000$241/sqft
        Source: MIAMI #A12018558 Report a problem
        4/17/2026Listing removed$260,000$241/sqft
        Source: MIAMI #A11948193 Report a problem
        1/20/2026Listed for sale$260,000$241/sqft
        Source: MIAMI #A11948193 Report a problem
        1/12/2026Listing removed$2,600$2/sqft
        Source: Zillow Rentals Report a problem
        11/16/2025Listed for rent$2,600+4%$2/sqft
        Source: Zillow Rentals Report a problem
        11/8/2025Listing removed$260,000$241/sqft
        Source: MIAMI #A11859320 Report a problem
        8/20/2025Listed for sale$260,000-11.9%$241/sqft
        Source: MIAMI #A11859320 Report a problem
        7/21/2024Listing removed--
        Source: Owner Report a problem
        4/18/2024Listed for sale$295,000+360.9%$273/sqft
        Source: Owner Report a problem
        1/20/2023Listing removed--
        Source: Zillow Rentals Report a problem
        12/31/2022Listed for rent$2,500+66.7%$2/sqft
        Source: Zillow Rentals Report a problem
        3/24/2021Listing removed--
        Source: Owner Report a problem
        3/1/2019Listing removed$1,500$1/sqft
        Source: Owner Report a problem
        1/22/2019Listed for rent$1,500$1/sqft
        Source: Owner Report a problem
        9/23/2014Sold$64,000-11.1%$59/sqft
        Source: Public Record Report a problem
        5/31/2001Sold$72,000+24.1%$67/sqft
        Source: Public Record Report a problem
        6/25/1999Sold$58,000+5.5%$54/sqft
        Source: Public Record Report a problem
        12/27/1994Sold$55,000$51/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax 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

        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.
        See how much you could borrow to make a competitive offer.
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        Climate risks

        Neighborhood: 33012

        Getting around

        76 / 100
        Very Walkable
        32 / 100
        Some Transit
        50 / 100
        Bikeable

        Nearby schools

        GreatSchools rating
        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.

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