10 W 53rd Ter, Hialeah, Florida, United States | Residential Land For Sale at GLOBAL LISTINGS

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Residential Land For Sale

$1,500,000

10 W 53rd Ter
Hialeah, Florida, United States

Listed By: Realtyww Info

Listed On: 08/06/2024

Listing ID: GL11759111 View More Details

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

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Listed by: Ileana Rodriguez P.a.