FL > Hialeah > Palm Springs Amd
Hialeah, FL 33012,10 W 53rd Ter
Hialeah, FL 33012,10 W 53rd Ter
Hialeah, FL 33012,10 W 53rd Ter
Hialeah, FL 33012,10 W 53rd Ter
Hialeah, FL 33012,10 W 53rd Ter
Hialeah, FL 33012,10 W 53rd Ter
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Christopher Durham

Christopher Durham

+1(561) 971-9679
$ 1,500,000
Est. payment | /mo

0.32 Acres Lot

Save Virtual Tour
$ 1,500,000
Est. payment | /mo
Save Virtual Tour

0.32 Acres Lot

Key Details

Property Type Vacant Land

Listing Status Active

Purchase Type For Sale

Subdivision Palm Springs Amd

MLS Listing ID A11635359

HOA Y/N No

Annual Tax Amount $4,939

Tax Year 2023

Lot Size 0.320 Acres

Acres 0.32

Lot Dimensions 85x105

Property 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

Location

State FL

County Miami-dade

Community Palm Springs Amd

Area 21

Interior

Window Features Impact Glass

Exterior

Utilities Available Cable Available, Electricity Available, Phone Available, Sewer Available, Trash Collection

Waterfront Yes

Waterfront Description Canal Access,Canal Front

View Canal

Building

Lot Description <1 Acre

Sewer Other

Water Public

Others

Tax ID 04-21-31-001-1590

Acceptable Financing Cash, Conventional, Owner May Carry

Listing Terms Cash, Conventional, Owner May Carry

Listed by RE/MAX Advance Realty II
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+1(561) 971-9679

chris@tdgsouthflorida.com

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10 W 53rd Ter