Basic Information

  • MLS # A11662830
  • Type Single Family Residence
  • Status Active
  • Subdivision/Complex Palm Springs Amd
  • Year Built 1952
  • Total Sqft 13,127
  • Date Listed 09/20/2024
  • Days on Market 260
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

Amenities

Exterior Features

  • Waterfront Yes
  • Parking Spaces 0
  • Pool No
  • View Garden
  • Construction Type Block
  • Waterfront Description Canal Front
  • Parking Description Circular Driveway, Driveway
  • Exterior Features Fence, Security High Impact Doors, Porch, Shed
  • Roof Description Shingle
  • Style Single Family Residence

Interior Features

  • Adjusted Sqft 1,575Sq.Ft
  • Cooling Description Central Air
  • Equipment Appliances Dryer, Dishwasher, Electric Range, Microwave, Refrigerator, Washer
  • Floor Description Tile
  • Heating Description Central
  • 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

  • Address 10 W 53rd Ter
  • Aprox. Lot Size 13,127
  • Architectural Style Detached, Ranch, One Story
  • City Hialeah
  • Construction Materials Block
  • County Miami- Dade
  • Direction Faces East
  • Frontage Length 100
  • Furnished Info no
  • Listing Terms Cash, Conventional
  • Lot Features Quarter To Half Acre Lot
  • Occupant Type Owner
  • Parking Features Circular Driveway, Driveway
  • Patio And Porch Features Open, Porch
  • Pets Allowed No Pet Restrictions, Yes
  • Pool Features None
  • Possession Closing And Funding
  • Postal City Hialeah
  • Public Survey Township 4
  • Roof Shingle
  • Sewer Description Public Sewer
  • Stories 1
  • 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
  • Type of Property Single Family Residence
  • View Garden
  • Water Source Public
  • Window Features Impact Glass
  • Year Built Details Resale
  • Waterfront Description Canal Front

10 W 53rd Ter

Hialeah, FL 33012

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