Palm Springs, 10 W 53rd Ter Hialeah, FL 33012

1,500,000(-6.67% )
$1,400,000Price
4Beds
3Baths
1,575SqFt

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Details

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Status:
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Parking: No info
Size: 1,575 ft2 / 146 m2
Price: $889 ft2 / $9,568 m2
Built: 1952
MLS Number: A11662830
View: Garden
On Site: 196 Days
Updated: 41 Days ago
Page Views: 0
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

Features

Bedrooms
Bedrooms: 4
Bathrooms
Bathrooms: 3
Half Bathrooms: No info
Exterior and Lot Features
Exterior Features: Fence, SecurityHighImpactDoors, Porch, Shed
View: Garden

Price History

02/21/2025

Date

Price Reduced

Event

$1.4M

Price

-6.67%

Change Rate

$889 ft2 / $9,568 m2

Price Per

09/19/2024

Date

Listed

Event

$1.5M

Price

$952 ft2 / $10,251 m2

Price Per

Price per square foot and days on website are not provided values and are calculated by Subdivisions.

Listed by Ileana RodriguezRE/MAX Advance Realty II • Buyer Agency Compensation .

Instant Comparative Market Analysis

$100/ft²
$300/ft²
$700/ft²
$1,000/ft²

Unit 10 W 53rd Ter – Asking

$889/ft²

(+122%) from Closed Medium $/ft²

Closed Medium $/ft²

$400/ft²
Community $/Price Range (Closed) $194/ft² – $667/ft²
No Comparable Units Found: We couldn't locate comparable properties at this time. Contact us for a FREE, no-obligation Comparative Market Analysis (CMA) from a licensed RE advisor.
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