Basic Information

  • MLS # A11662830
  • Type Single Family Home
  • Subdivision/Complex Palm Springs Amd
  • Year Built 1952
  • Total Sqft 13,127
  • Date Listed 09/19/2024
  • Days on Market 255
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

Exterior Features

  • Waterfront Yes
  • Parking Spaces 0
  • Pool No
  • WF Description Canal Front
  • Parking Description Circular Driveway, Driveway
  • Exterior Features Fence, Security High Impact Doors, Porch, Shed

Interior Features

  • Adjusted Sqft 1,575Sq.Ft
  • Interior Features Bedroom On Main Level, Breakfast Area, Closet Cabinetry, Dining Area, Separate Formal Dining Room, First Floor Entry, Pantry, Attic
  • Sqft 1,575 Sq.Ft

Property Features

  • Aprox. Lot Size 13,127
  • Furnished Info No
  • Lot Description Quarter To Half Acre Lot
  • Short Sale Regular Sale
  • HOA Fees N/A
  • Subdivision Complex
  • Subdivision Info Palm Springs Amd
  • Tax Amount $4,939
  • Tax Year 2023

10 W 53rd Ter

Hialeah, FL 33012

The multiple listing information is provided by the Miami Association of Realtors® from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2023-present Miami Association of Realtors®. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: RE/MAX Advance Realty II. tel: 305-251-2127

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