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Alex Miranda

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$ 1,500,000

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10 W 53rd Ter Hialeah, FL 33012

4 Beds

3 Baths

1,575 SqFt

UPDATED:

09/30/2024 08:32 PM

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 1,575 sqft

Price per Sqft $952

Subdivision Palm Springs Amd

MLS Listing ID A11662830

Style Detached,Ranch,One Story

Bedrooms 4

Full Baths 3

Construction Status Resale

HOA Y/N No

Year Built 1952

Annual Tax Amount $4,939

Tax Year 2023

Lot Size 0.301 Acres

Property Description

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

Location

State FL

County Miami-dade

Community Palm Springs Amd

Area 21

Interior

Interior Features Bedroom on Main Level, Breakfast Area, Closet Cabinetry, Dining Area, Separate/Formal Dining Room, First Floor Entry, Pantry, Attic

Heating Central

Cooling Central Air

Flooring Tile

Window Features Impact Glass

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

Exterior

Exterior Feature Fence, Security/High Impact Doors, Porch, Shed

Pool None

Utilities Available Cable Available

Waterfront Yes

Waterfront Description Canal Front

View Garden

Roof Type Shingle

Porch Open, Porch

Parking Type Circular Driveway, Driveway

Garage No

Building

Lot Description 1/4 to 1/2 Acre Lot

Faces East

Story 1

Sewer Public Sewer

Water Public

Architectural Style Detached, Ranch, One Story

Structure Type Block

Construction Status Resale

Others

Pets Allowed No Pet Restrictions, Yes

HOA Fee Include Maintenance Structure

Senior Community No

Tax ID 04-21-31-001-1590

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Pets Description No Pet Restrictions, Yes

Listed by RE/MAX Advance Realty II

Alex Miranda

Licensed Realtor | COMP3203583

+1(305) 712-6522

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Alex Miranda

Alex Miranda

10 W 53rd Ter Hialeah, FL 33012

Key Details

Location

Interior

Exterior

Building

Others

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10 W 53rd Ter