Home > Florida > Hialeah > LAGO AZUL CONDO > 5706 W 26th Ave # 5706, Hialeah FL 33016 | Unit 5706

Condominium for sale in LAGO AZUL CONDO

5706 W 26th Ave # 5706, Hialeah FL 33016 | Unit 5706
List Price:$225,000
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Details

2
1
696 Sq Ft
1991
  • List Price: $225,000
  • Unit Number: 5706
  • Description: Condominium
  • City: Hialeah
  • Subdivision: LAGO AZUL CONDO
  • Annual Tax: $2,716
  • Association Fee: $300 Monthly
  • County: Miami-Dade County

Description

OPPORTUNITY KNOCKS! WEST HIALEAH REAL ESTATE PORTFOLIO! Incredible turnkey opportunity for Cash Investors of 4 strategic condo units sold together for immediate, stabilized cash flow 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, 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 after taxes & assoc fees. 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 regularly maintained HVAC, hot water heaters and electric as well as updated bathrooms & kitchens. The portfolio is highly stabilized with leases extending into 2027, and one unit market-ready for immediate income. Strategically located in a central commuter hub tailored for the essential workforce, tenants enjoy short commutes via the Palmetto Expressway, SR 924, 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!

Features

Property Features

  • Cooling: Central Air,Electric
  • Heating: Central,Electric
  • Flooring: Tile
  • Appliances: Electric Water Heater,Microwave,Electric Range,Refrigerator

Additional Features

  • Amenities: Laundry,Other
  • View: Garden View
  • Parking: 2 Or More Spaces,Assigned,Deeded,Guest
  • Pets: Restrictions Or Possible Restrictions
  • Interior Features: First Floor Entry

Fees, Maintenance & Taxes

  • Tax Annual Amount: $0
  • Association Fee: $0
  • Association Fee Frequency: Monthly

School Information

  • County: Miami-Dade County
  • Elementary School: West Hialeah Gardens
  • Middle School: Palm Springs
  • High School: Hialeah Gardens High

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