5706 W 26th Avenue #5706, Hialeah, Florida image 1
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5706 W 26th Avenue #5706

Hialeah, FL 33016
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$225,000 $948/Mo
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Bed 2

Bed

Bath 1

Bath

SqFt696

Sqft

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!

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Detail Ic 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 Map

Map

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Feature Features

  • Bedroom Information

    Total beds: 2

    Bathroom Information

    Total Baths: 1 Full Baths: 1

    Flooring Information

    Tile

  • Interior Features

    BedroomOnMainLevel, LivingDiningRoom
    Appliances: ElectricRange, ElectricWaterHeater, Microwave, Refrigerator
    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,Other
    View: Garden
    Association Fee Frequency: Monthly

  • Listing Price Information

    Listing Price: $225000
    Cash

  • Tax Information

    Parcel Number: 0420342070040 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

    Garage Information

    Pets Allowed: PetRestrictions, Yes

    Homeowners Association Information

    Has Association: Yes
    Included Fees: CommonAreas, Insurance, MaintenanceGrounds, MaintenanceStructure, RecreationFacilities, ReserveFund, Roof, Sewer, Trash
    HOA: $300.00
    Association Amenities: MaintenanceGrounds, Laundry, Management, Other, Parking

  • School Information

    Elementary School: West Hialeah Gardens Junior High School: Palm Springs (Miami-Dade) Senior High School: Hialeah Gardens

  • Location Information

    Direction: ELITE 4-UNIT CONDO INVESTMENT PACKAGE IN WEST HIALEAH, 4-UNITS SOLD JOINTLY ONLY. Security Features: Other,SmokeDetectors
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
5314 W 26th Ave #105, Hialeah, FL, 33016 $315,000 2 2 1,003 1,003 SqFt
7420 W 20th Ave #335, Hialeah, FL, 33016 $249,999 2 2 830 830 SqFt
2605 W 67th Pl #23-10, Hialeah, FL, 33016 $295,000 2 2 747 747 SqFt
2217 W 69th St #2217A, Hialeah, FL, 33016 $389,800 4 3 1,580 1,580 SqFt
6278 W 22nd Ct #20, Hialeah, FL, 33016 $229,900 2 2 778 778 SqFt
5611 W 25th Ct #8A, Hialeah, FL, 33016 $249,000 2 2 790 790 SqFt
5290 W 21st Court #304, Hialeah, FL, 33016 $224,999 2 2 812 812 SqFt
5500 W 21st Court #306, Hialeah, FL, 33016 $219,999 2 2 812 812 SqFt
7400 W 20th Avenue #312, Hialeah, FL, 33016 $224,900 2 2 840 840 SqFt
7400 W 20th Avenue #402, Hialeah, FL, 33016 $275,000 2 3 1,030 1,030 SqFt

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The information being provided by Miami Association of REALTORS® is for the consumer's personal, non-commercial use. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the Miami Association of REALTORS®. The accuracy of all information is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by Miami Association of REALTORS® and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright 2026 Miami Association of REALTORS®. All rights reserved.

ByOwner last updated this listing 08/19/2026 @ 10:05

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

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