10 W 53rd Ter Hialeah FL 33012 MLS #A11635359

10 W 53rd Ter
Hialeah, FL, 33012
$1,400,000
Beds
0 Baths
0 SqFt
0.32 Acres
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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

Price:
$1,400,000
MLS #:
A11635359
Status:
Active
Beds:
0
Baths:
0
Address:
10 W 53rd Ter
Type:
Single Family
Subtype:
Income/MultiFamily
Subdivision:
PALM SPRINGS AMD
Neighborhood:
Palm Springs Amd
City:
Hialeah
Listed Date:
Aug 4, 2024
State:
FL
ZIP:
33012
Lot Size:
13,127 sqft / 0.32 acres (approx)
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CENTURY 21 Carioti

CENTURY 21 Carioti

Florida, Real Estate

Phone 800 783-8847

CENTURY 21 Carioti is a full service real estate company servicing the State of Florida with a headquarters in Orlando, FL.

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Tax Year
2023
Taxes
$4,939

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Courtesy of RE/MAX Advance Realty II. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the Miami, FL. Detailed information about real estate listings held by brokerage firms other than CENTURY 21 Carioti include the name of the listing broker. Neither the listing company nor CENTURY 21 Carioti shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2025. Miami, FL. All rights reserved.
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10 W 53rd Ter
Hialeah, FL