10 W 53rd Ter

Hialeah, FL 33012

$1,400,000 -6.67%

 


4


3


1,575 f2

  25


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Property Details

MLS #
A11662830
Listing Type
Single/Family
Unit #
Status
Active
Address
10 W 53rd Ter  map  
Maintenance Fee
$0
Bedrooms
4
Bathrooms
3
Half Baths
0
Living Area(f2)
1,575
Lot Size (f2)
13,127
Year Built
1952
Parking Spaces
0
Waterfront
Yes
Complex
PALM SPRINGS AMD
Days On Market
282
Pool
Pets Allowed
N/A

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

Property Amenities

Interior Features

  • First Floor Entry
  • Closet Cabinetry
  • Pantry
  • Attic
  • Family Room
  • Separate Guest/In-Law Quarters
  • Utility Room/Laundry

Equipment

  • Dishwasher
  • Dryer
  • Microwave
  • Electric Range
  • Refrigerator
  • Washer

Map Location

Similar Homes Closed

Sales Data is for the past 6 Months
Unit # Closed Date Sold Price List Price Beds Baths Size (ft2) $/ft2 $/m2 DOM
06/13/2025 $660,000 $679,000 6 3 2,399 $283 $3,047 59
06/06/2025 $580,000 $625,000 5 3 1,914 $327 $3,515 45
05/30/2025 $684,000 $684,000 3 3 1,350 $507 $5,454 177
03/05/2025 $500,000 $527,000 3 2 1,231 $428 $4,608 97
03/03/2025 $680,000 $680,000 3 2 1,763 $386 $4,152 41
03/03/2025 $560,000 $585,000 3 1 1,185 $494 $5,314 212
02/18/2025 $590,000 $594,900 3 2 1,605 $371 $3,990 82
12/27/2024 $530,000 $565,000 3 1 1,284 $440 $4,737 169
12/10/2024 $720,000 $720,000 4 3 1,929 $373 $4,018 111
12/06/2024 $649,000 $649,000 5 4 1,782 $364 $3,920 91
11/18/2024 $650,000 $650,000 4 3 1,640 $396 $4,266 44
10/29/2024 $517,900 $524,900 3 1 1,169 $449 $4,833 33
10/28/2024 $575,000 $595,000 3 2 1,435 $415 $4,463 67
10/15/2024 $650,000 $669,000 3 3 1,518 $441 $4,744 39
10/04/2024 $570,000 $560,000 4 2 1,618 $346 $3,726 30
10/02/2024 $699,900 $699,900 6 3 2,509 $279 $3,003 54
09/30/2024 $447,000 $445,000 2 1 1,026 $434 $4,669 30
09/13/2024 $575,000 $649,999 4 2 2,398 $271 $2,918 51
08/30/2024 $640,000 $650,000 4 3 1,657 $392 $4,223 151
08/22/2024 $660,000 $780,000 3 2 1,316 $593 $6,380 75

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