Antoinette Bressler - Arterra Realty Logo
$225,000
 $1,208 est/mo Sourced by Back At You

5706 W 26th Avenue 5706,Hialeah, FL 33016

Hialeah, FL 33016

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Description

ELITE 4-UNIT CONDO INVESTMENT PACKAGE IN WEST HIALEAH, 4-UNITS SOLD JOINTLY ONLY. Incredible turnkey opportunity for Cash Investors of 4 condo units sold jointly for high-ROI 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 (New roof in progress), 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 with a 7.7% cap rate. 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 maintained HVAC, hot water heaters & electric as well as updated bathrooms & kitchens. The portfolio is highly stabilized with leases extending into 2027. Strategically located in a central commuter hub tailored for the essential workforce, tenants enjoy short commutes via the Palmetto Expressway, 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!

Details

MLS #A12018601
Listing TypeFor Sale
StyleCondominium
HOA Dues$300
Sub-TypeResale
StatusActive
Year1991
Days On Site146
Listing Provided ByCompass Florida, LLC | Nancy Sanabria

Features

Bed(s)2
Bath(s) 1 Total
SQ Feet696
Story(s)1
Water FrontYes
Property ViewYes

Parking

Garage Yes / NoNo
Parking FeaturesAssigned, Deeded, Guest

Taxes

Tax Annual Amount2716

Area Information

StateFL
CountyMiami Dade
CityHialeah
Zip Code33016
Area2200
Community NameLAGO AZUL CONDO
Listing VS Median (in LAGO AZUL CONDO)
Price:
$225,000
low | high
Med:
$113,550
99.533333333333% of Average
sqft:
696
low | high
Med:
696
50% of Average
$ / sqft:
$323
low | high
Med:
$163
99.533333333333% of Average
On site:
146
low | high
Med:
76.5
100% of Average
Sourced by Back At You

Market Activity 33016

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Learn More About This Property

Antoinette Bressler

Antoinette Bressler

Arterra

 (586) 441-0896antoinette@arterraluxe.com
StateFL
CountyMiami Dade
CityHialeah
Zip Code33016
Area2200
Community NameLAGO AZUL CONDO
Listing VS Median (in LAGO AZUL CONDO)
Price:
$225,000
low | high
Med:
$113,550
99.533333333333% of Average
sqft:
696
low | high
Med:
696
50% of Average
$ / sqft:
$323
low | high
Med:
$163
99.533333333333% of Average
On site:
146
low | high
Med:
76.5
100% of Average
Sourced by Back At You
Listing Updated: September 29, 2026 at 1:42:24 AM PDT