$1,500,000
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10 W 53rd Ter Hialeah, FL 33012
Single Family
Residence
4
Beds
3
Baths
1,575
Sq. Ft.
0.3
Acre
Lot
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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 i...ncreased 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
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MLS#
A11662830
Property Type
Single Family
Bedrooms
4
Bathrooms
3 Full
Year Built
1952
Square Feet
1,575
sq. ft
Lot Size
0.3
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