Basic Information
- MLS # A11635359
- Type Multi Family
- Status Active
- Subdivision/Complex Palm Springs Amd
- Total Sqft 13,127
- Date Listed 08/05/2024
- Days on Market 307
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
Amenities
Exterior Features
- Waterfront Yes
- Parking Spaces 0
- Pool No
- View Canal
- Waterfront Description Canal Access, Canal Front
- Parking Description
- Style Multi Family
Interior Features
- Adjusted Sqft 13,127Sq.Ft
- Sqft 13,127 Sq.Ft
Property Features
- Address 10 W 53rd Ter
- Aprox. Lot Size 13,127
- City Hialeah
- County Miami- Dade
- Furnished Info no
- Listing Terms Cash, Conventional, Owner May Carry
- Lot Features Less Than One Acre
- Possession Closing And Funding
- Postal City Hialeah
- Public Survey Township 4
- Sewer Description Other
- HOA Fees $0
- Subdivision Complex
- Subdivision Info Palm Springs Amd
- Tax Amount $4,939
- Tax Legal desc P A L M S P R I N G S A M D P B53-22 L O T1 B L K8 L O T S I Z E96.520 X136 O R19829-233408011 C O C24443-00960420061
- Tax Year 2023
- Terms Considered Cash, Conventional, Owner May Carry
- Type of Property Multi Family
- View Canal
- Water Source Public
- Window Features Impact Glass
- Waterfront Description Canal Access, Canal Front
10 W 53rd Ter
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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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