$1,500,000 ($952.38 per sqft)

Est. Mortgage $7,585/mo *

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10 W 53rd Ter, Hialeah, FL, 33012

10 W 53rd Ter, Hialeah, FL, 33012
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4 beds

3 Full baths

1952

Detached, Ranch, One Story

1,575 sqft

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

Status:

Active

Type:

Single-family residential

Zoning:

4400

Frontage:

100

Subdivision:

PALM SPRINGS AMD

Garage:

Circular Driveway, Driveway

Heating:

Central

Cooling:

Central Air

Est. Taxes:

$4,939

Construction

Block

Utilities

Cable Available

Lot Description:

1/4 to 1/2 Acre Lot

View Description:

Garden

Waterfront:

Yes

Pet Allowed:

Yes

Pet Policy:

No Pet Restrictions, Yes

Appliances:

Dryer, Dishwasher, Electric Range, Microwave, Refrigerator, Washer

Pool:

None

MLS #:

A11662830

Community Info

School Info

Walk Score

Yelp

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Listing courtesy of RE/MAX ADVANCE REALTY II Phone: 305-251-2127