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Property Description
OPPORTUNITY KNOCKS! WEST HIALEAH REAL ESTATE PORTFOLIO! Incredible turnkey opportunity for Cash Investors of 4 strategic condo units sold together for immediate, stabilized cash flow in a high-demand submarket. Perfect for investors seeking a low-maintenance cash cow, this portfolio consists of three 2-bed/2-bath & one 2-bed/1-bath units across three premier, clustered condominium complexes: Lago Azul, Westland Eden I & Westland Eden II (MLS: A12018601, A12018600, A12018559, A12018558). Generating an attractive Gross Scheduled Income of $109,200/yr with an outstanding NOI of $77,408, it boasts an incredible 71% operating efficiency after taxes & assoc fees. Enjoy a unique investor advantage with minimal operational friction, low association fees, reserved parking, and no pending assessments in well-managed, well-funded associations. Capital improvements include regularly maintained HVAC, hot water heaters and electric as well as updated bathrooms & kitchens. The portfolio is highly stabilized with leases extending into 2027, and one unit market-ready for immediate income. Strategically located in a central commuter hub tailored for the essential workforce, tenants enjoy short commutes via the Palmetto Expressway, SR 924, and I-75. Moments from Miami International Airport, Miami Dade College, Mount Sinai Medical Center, Westland Mall, Sedanos, Publix, local schools, and the Wilde Community Center & Library. Don't miss this high-yield, turnkey investment!
Full Property Details
Full Property Details for 1950 W 54th St #412
General
- Price: $260,000
- HOA FEE: $474/month
- Taxes: $3,396 (2025)
- Status: Active
- Type: Condo
- Source: Greater_Miami
- MLS ID: A12018558
- Updated: 5/21/2026
- Added to Site: 1 day(s) ago
Interior
- Interior Features: Closet Cabinetry, Entrance Foyer, Walk-In Closet(s)
- Appliances: Dryer, Microwave, Electric Range, Refrigerator, Wall Oven, Washer
- Flooring: Tile
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 2
- Bedroom Features: Primary Bath Shower, Primary Bath Tub
Additional Information
- Shared Amenities: Elevator(s), Exercise Room, Pool
- Maint. Includes: All Amenities, Building Exterior, Common Area, Elevator, Insurance, Manager, Outside Maintenance, Parking, Pool Service, Reserve Fund, Roof Repairs, Sewer, Trash Removal, Water
- Security/Safety: Smoke Detector, Complex Fenced
- Equipment: Automatic Garage Door Opener
Exterior
- Exterior Features: Other
Parking
- Parking Features: 2 Or More Spaces, Assigned, Deeded, Guest
Location
- Area: Westland-eden Condo I
- County: Miami-Dade County
- Subdivision: WESTLAND-EDEN CONDO I
- Building Name: Westland Eden l
School Information
- Elementary School: Dupuis; J.G.
- Middle School: Hialeah Gardens
- High School: Hialeah-Miami Lakes
Community
- Community Name: Westland-eden Condo I
- Association: Yes
- Pets Allowed: Yes
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Central Air, Electric
- Heating Type: Central, Electric
Structural Information
- Structure Type: Condo 1-4 Stories, Condo
- Detached/Attached: Attached
- Construction: Concrete Block Construction
- Windows: Complete Accordian Shutters, Hurricane Shutters
- Entry Floor Number: 4
- Entry Location: Foyer
- Building Size: 1080
- Square Feet: 1,080
- Living Area: 1,080 Sq. Ft.
- Year Built: 1974
- Property Condition: Updated/Remodeled
Lot Features
- Property View: Pool Area View
Financial Considerations
- Price Per Sq. Ft.: $240.74
- Association Fee: $474
- Assoc Fee Freq.: Monthly
- Tax Amount: $3,396
- Tax Year: 2025
- Terms: All Cash
Disclosures and Reports
- Legal Description: WESTLAND-EDEN CONDO I UNIT 412 - BLDG 3 UNDIV 1.142% INT IN COMMON ELEMENTS CLERKS FILE 75R-77602 OR 19693-4161 0501 1
- Restrictions: Ok To Lease
- Property ID: 04-20-35-061-0540
Listed by Compass Florida, LLC
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Schools
Schools serving 1950 W 54th St #412
School District:Dade County School District
| Name | Grades | Distance |
|---|---|---|
John G. Dupuis Elementary School 1150 West 59th Place, Hialeah, FL 33012 | PK-5 | 1 mi |
Hialeah Gardens Middle School 11690 Northwest 92nd Avenue, Hialeah Gardens, FL 33018 | 6-8 | 1.8 mi |
Hialeah-Miami Lakes Senior High School 7977 West 12th Avenue, Hialeah, FL 33014 | 9-12 | 1.9 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1950 W 54th St #412
Date
Details
Price
Change
Source
5/20/2026
Listed
$260,000
306.25%
MLS
9/04/2014
Sold
$64,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 1950 W 54th St #412
Year
Property Taxes
Change
Tax Assessment
Change
2024
$3,474
—
$189,002
-11%
2024
$3,474
11%
$212,290
15%
2023
$3,122
25%
$184,600
42%
2021
$2,506
-6%
$130,000
-8%
2022
$2,664
6%
$142,000
12%
2021
$2,506
2%
$126,700
—
2019
$2,455
10%
$126,706
9%
2018
$2,235
6%
$116,590
—
2017
$2,106
12%
$116,591
21%
2016
$1,884
7%
$96,356
9%
2015
$1,761
55%
$88,400
64%
2014
$1,136
14%
$54,021
10%
2013
$999
—
$49,110
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 1950 W 54th St #412
1950 W 54th St #412, Hialeah, FL 33012 (MLS# A12018558) is a Condo property with 2 bedrooms and 2 full bathrooms. 1950 W 54th St #412 is currently listed for $260,000 and was received on May 20, 2026. Want to learn more about 1950 W 54th St #412? Do you have questions about finding other Condo real estate for sale in Hialeah? You can browse all Hialeah real estate or contact a Coldwell Banker agent to request more information.

