Active

5706 W 26th Ave #5706

Hialeah, FL 33016

$225,000 $948/Mo

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Overview

Bed

Bath

696

Sqft

Description

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 (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 after taxes & assoc fees. Enjoy a unique investor advantage with minimal operational friction, low association fees, reserved parking, and no pending assessm ents 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!

Property Details

Property Type : Residential

Price : $225,000

AD Id : 79009387

MLS Id : A12018601

Beds : 2

Living Area Size : 696

Year Built : 1991

County : Miami-Dade

Subdivision: Lakebelle

Map

Features

Bedroom Information

Total beds: 2

Bathroom Information

Total Baths: 1 Full Baths: 1

Flooring Information

Tile
Interior Features

BedroomOnMainLevel, FirstFloorEntry, LivingDiningRoom

Appliances: ElectricRange, ElectricWaterHeater, Microwave, Refrigerator

Laundry Features: CommonArea

Window Features: Blinds
Heating & Cooling

Has Heating: Yes Heating: Central, Electric Has Cooling: Yes Cooling: CentralAir, Electric Water front: 1

Building Information

Year Built: 1991

Building Area Total: 696

Construction Materials: Block

Stories: 1

Private Pool: No

Water front Features: LakeFront

View: Garden

Association Fee Frequency: Monthly
Exterior Features

Exterior Features: StormSecurityShutters

Listing Price Information

Listing Price: $225000

Cash

Tax Information

Parcel Number: 04-20-34-207-0040 Tax Year: 2025 Annual Tax: $2716 Tax Legal Desc: LAGO AZUL CONDO UNIT 5706 UNDIV 1/28 INT IN COMMON ELEMENTS OFF REC 20173-4180 OR 20590-1181 0802 1 COC 23684-1591 08 2005 1

Virtual Tour

Virtual Tour (External Link)

Parking Information

Assigned, Deeded, Guest, TwoOrMoreSpaces

Garage Information

Pets Allowed: Conditional, Yes

Homeowners Association Information

Included Fees: AssociationManagement, Amenities, CommonAreas, Insurance, Laundry, MaintenanceStructure, Parking, RecreationFacilities, ReserveFund, Roof, Sewer, Trash

HOA: $300.00

Association Amenities: Laundry, Other

School Information

Elementary School: West Hialeah Gardens Junior High School: Palm Springs Senior High School: Hialeah Gardens High
Location Information

Security Features: Other,SmokeDetectors

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Nearby Home Value

Address	Estimate	Bed	Bath	Sq. Ft	Lot Size
7400 W 20th Ave #312, Hialeah, FL, 33016	$244,900	2	2	840	840 SqFt
6091 W 22nd Ct #408, Hialeah, FL, 33016	$290,000	2	2	1,025	1,025 SqFt
7101 W 24th Ave #14, Hialeah, FL, 33016	$380,000	2	2	1,020	1,020 SqFt
6535 W 26th Dr #23-39, Hialeah, FL, 33016	$297,000	2	2	750	750 SqFt
6580 W 27th Ct #58-12, Hialeah, FL, 33016	$298,000	3	2	980	980 SqFt
2295 W 53rd Pl #201, Hialeah, FL, 33016	$230,000	2	1	760	760 SqFt
2680 W 76th St #211, Hialeah, FL, 33016	$289,000	2	2	1,024	1,024 SqFt
2194 W 60th St #22213, Hialeah, FL, 33016	$185,000	1	1	528	528 SqFt
6525 W 26th Dr #204-37, Hialeah, FL, 33016	$269,999	2	2	770	770 SqFt
2331 W 66th Pl #201, Hialeah, FL, 33016	$249,000	2	2	825	825 SqFt

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ByOwner last updated this listing 06/03/2026 @ 23:58

MLS: A12018601 LISTED BY: Nancy Sanabria, Compass Florida, LLC 305-697-2904 SOURCE: SEFMIAMI