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Land in Hialeah, FL 33012Palm Springs, 10 W 53rd Ter
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OFF MARKET
Beds
0.3
Acre$4,666,667
$/AcreMid-Tier Land
Canal View
Waterfront
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
MLS Number: A11635359
On Site: 779 Days
Updated: 357 Days ago
Page Views: 0
Features
All features
- Property SqFt: 13127
- Remarks: 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
- Internet Remarks: 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
- View: Canal
- Waterfront: Yes
- Days on Market: 422
- Compass Point: W
- Office Name: RE/MAX Advance Realty II
- Area: 13127
- Taxes: 4939
- Tax Year: 2023
- Listing Date: 2024-08-05T10:20:46.000-00:00
- Lot Size Square Feet: 13127
Apples-to-Apples Comparables
Price History
Current
$1.4M
High
$1.5M
Low
$1.4M
Total Change
-6.7%Date
Event
Price
Change
Price Per
02/21/2025
Price Reduced
$1.4M
-6.67%$107 ft2
$1,148 m2
08/04/2024
Listed
$1.5M
$114 ft2
$1,230 m2
02/21/2025
$1.4M
Event
Price Reduced
Change
-6.67%Price Per
$107 ft2
$1,148 m2
08/04/2024
$1.5M
Event
Listed
Price Per
$114 ft2
$1,230 m2
Price per square foot and days on website are not provided values and are calculated by Subdivisions.
Listed by Ileana Rodriguez • RE/MAX Advance Realty II • Buyer Agency Compensation .
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Scores
63
100
38
100
52
100
77
100
0
100
29
100
1
100
Community Snapshot
3 – 5 BR
Bedrooms
$540K – $1.5M
Price Tier
888 - 3,134
SqFt Range
1955
Year Build
1
Total Floors
3631
Total Units
Hialeah Mid-Tier Mid-Tier Homes & Condos
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