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For sale
    • $225,000

    5706 W 26th Ave #5706, Hialeah, FL 33016

    2beds
    696sqft
    : 
    $1,883/mo
    Get pre-qualified
    Condominium
    Built in 1991
    -- sqft lot
    $-- Zestimate®
    $323/sqft
    $300/mo HOA

    What's special

    Reserved parkingNew roof in progressUpdated bathroomsMaintained hvac
    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 with a 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!
    102 days
    156
    9

    Zillow last checked:

    Listing updated:

    Listed by:

    Nancy Sanabria 305-785-4491,

    Compass Florida, LLC

    Source: MIAMI,MLS#: A12018601MLS LogoOriginating MLS: A-Miami Association of REALTORS

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 2
      • Bathrooms: 1
      • Full bathrooms: 1
      Heating
      • Central, Electric
      Cooling
      • Central Air, Electric
      Appliances
      • Included: Electric Water Heater, Microwave, Electric Range, Refrigerator
      • Laundry: Common Area
      Features
      • Flooring: Tile
      • Windows: Complete Accordian Shutters, Hurricane Shutters, Blinds
      Interior area
      • Total structure area: 696
      • Total interior livable area: 696 sqft
      Video & virtual tour

      Property

      Parking
      • Parking features: 2 Or More Spaces, Assigned, Deeded, Guest
      Features
      • Levels: One
      • Entry location: First Floor Entry
      • Has view: Yes
      • View description: Garden
      • Waterfront features: Lake
      Details
      • Parcel number: 0420342070040

      Construction

      Type & style
      • Home type: Condo
      • Property subtype: Condominium
      • Attached to another structure: Yes
      Materials
      • Concrete Block Construction
      Condition
      • Updated/Remodeled
      • Year built: 1991

      Utilities & green energy

      • Electric: Circuit Breakers

      Community & HOA

      Community
      • Security: Smoke Detector, Other
      • Application fee: $250
      • Pet fee: $1
      • Subdivision: Lago Azul Condo
      HOA
      • Has HOA: Yes
      • Amenities included: Laundry, Other
      • HOA fee: $300 monthly
      Location
      • Region: Hialeah

      Financial & listing details

      • Price per square foot: $323/sqft
      • Tax assessed value: $179,741
      • Annual tax amount: $2,716
      • 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$225,000-7%$323/sqft
        Source: MIAMI #A12018601 Report a problem
        11/8/2025Listing removed$242,000$348/sqft
        Source: MIAMI #A11859462 Report a problem
        8/20/2025Listed for sale$242,000-15.1%$348/sqft
        Source: MIAMI #A11859462 Report a problem
        7/21/2024Listing removed--
        Source: Owner Report a problem
        4/22/2024Listed for sale$285,000+200%$409/sqft
        Source: Owner Report a problem
        6/5/2014Listing removed$95,000$136/sqft
        Source: LUXUR REALTY #A1952612 Report a problem
        5/8/2014Price change$95,000-4%$136/sqft
        Source: LUXUR REALTY #A1952612 Report a problem
        5/7/2014Price change$99,000-1%$142/sqft
        Source: LUXUR REALTY #A1952612 Report a problem
        4/11/2014Price change$100,000-4.8%$144/sqft
        Source: LUXUR REALTY #A1952612 Report a problem
        4/5/2014Price change$105,000-4.5%$151/sqft
        Source: LUXUR REALTY #A1952612 Report a problem
        3/27/2014Listed for sale$110,000+102.2%$158/sqft
        Source: LUXUR REALTY #A1952612 Report a problem
        3/12/2014Sold$54,400-54.7%$78/sqft
        Source: Public Record Report a problem
        8/16/2005Sold$120,000+48.3%$172/sqft
        Source: Public Record Report a problem
        8/13/2002Sold$80,900$116/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$2,830 +4.1%$136,321 +10%
        2024$2,718 +11.4%$123,929 +10%
        2023$2,439 +15.6%$112,663 +10%
        2022$2,110 +8.3%$102,421 +10%
        2021$1,948 +6.4%$93,110 +10%
        2020$1,831 +5.1%$84,646 +10%
        2019$1,741 +12.5%$76,951 +10%
        2018$1,548 $69,956 +10%
        2017$1,548 +13.7%$63,597 +10%
        2016$1,361 +4%$57,816 -12%
        2015$1,309 +418.4%$65,700 +75.5%
        2014$252 +10.7%$37,429 +1.5%
        2013$228 $36,876 +1.7%
        2012$228 -45.5%$36,260 -20%
        2011$419 -30.3%$45,320 -20%
        2010$600 -38.3%$56,650 -35%
        2009$973 -42.8%$87,160 +4.7%
        2007$1,701 -14.2%$83,224
        2006$1,982 --
        2005$1,982 +21.4%--
        2004$1,632 --
        2003-- --
        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.
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        Climate risks

        Neighborhood: 33016

        Getting around

        67 / 100
        Somewhat Walkable
        32 / 100
        Some Transit
        48 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: West Hialeah Gardens
        • Middle: Palm Springs
        • High: Hialeah Gardens High

        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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