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 #:
A11662830
Status:
Active
Beds:
4
Baths:
3
Address:
10 W 53rd Ter
Type:
Single Family
Subtype:
Single Family Residence
Subdivision:
PALM SPRINGS AMD
Neighborhood:
Palm Springs Amd
City:
Hialeah
Listed Date:
Sep 19, 2024
State:
FL
Finished Sq Ft:
1,730
Total Sq Ft:
1,730
ZIP:
33012
Year Built:
1952
See this Listing
CENTURY 21 Carioti is a full service real estate company servicing the State of Florida with a headquarters in Orlando, FL.
More About CENTURYMortgage Calculator
Schools
Interior
Appliances
Dishwasher, Dryer, Microwave, Electric Range, Refrigerator, Washer
Bathrooms
3 Full Bathrooms
Cooling
Central Air
Flooring
Tile
Heating
Central
Laundry Features
Utility Room/ Laundry
Exterior
Architectural Style
Detached, One Story, Ranch
Community Features
None
Construction Materials
C B S Construction
Other Structures
Extra Building/ Shed
Parking Features
Circular Driveway, Driveway
Roof
Shingle
Financial
Tax Year
2023
Taxes
$4,939
Map
Community
- Address10 W 53rd Ter Hialeah FL
- SubdivisionPALM SPRINGS AMD
- CityHialeah
- CountyMiami-Dade County
- Zip Code33012
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10 W 53rd Ter
Hialeah, FL
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