$1,400,000 • waterfront access
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 lot10 W 53RD TER, HIALEAH GARDENS, FL 33012
Income/MultiFamily - PALM SPRINGS AMD for Sale
10 W 53RD TER, HIALEAH GARDENS, FL 33012Asking Price$1,400,000 Change Price$100,000
- Lot size 13127sqft
- Taxes: Register to see
-
Days on market:
422 day(s) Original Price:
$1,500,000Tax Legal Description:
PALM SPRINGS AMD PB 53-22 LOT 1 BLK 8 LOT SIZE 96.520 X 136 OR 19829-2334 0801 1 COC 24443-0096 04 2006 1Tax Year:
2023-
MLS:
A11635359 -
Property Type:
Income/MultiFamily -
Waterfront:
Yes -
Waterfrontage (sqft):
85 Waterfront Description:
Canal FrontCanal Width 81-120 Feet-
View:
Canal View -
Inclusions:
None
Lot Features:
Central Business District Less Than 1 Acre
Description
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