Login

Sign in to your account to access all features

Create an account

Welcome Aboard!

Main listing photo
For Sale
Listed on May 20, 2026

1950 W 54TH ST, Unit 406

$260,000
2 Beds
2 Baths
1,080 sqft
0 Parkings
HOA fees:
$474
Annual Tax:
$3,396
Occupancy:
Contact Agent
Year Built:
1974
Stories:
4
Days on market:
1 day ago

Description

OPPORTUNITY KNOCKS! 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, 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 assessments 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!
Compass Florida, LLC

Features & Details

Learn about the features and details of 1950 W 54TH ST, Unit 406

Property Details

  • Property Type
    Condominium
  • Living Area
    1,080 sqft
  • Year Built
    1974
  • Lot Size
    -
  • Stories
    4 Stories
  • Annual Tax
    $3,396
  • List Date
    5/20/2026
  • Updated
    5/21/2026
  • Last Checked
    Recent
  • MLS Number
    #A12018559
  • Brokerage
    Compass Florida, LLC
  • Postal Code
    33012
  • Area
    Miami-Dade
  • City
    Hialeah

Additional Property Features

  • Occupancy
    CallAgent
  • List Price
    $260,000
  • Unit Number
    406
  • Construction
    Block
  • Heating
    Central,Electric
  • Fireplaces
    -
  • Garage
    -
  • Parking Type
    Assigned, Deeded, Guest, Two or more spaces, Garage door opener
  • Pets Allowed
    Conditional,Yes
  • Air Conditioning
    Central Air, Electric
  • Elevator
    No
  • Locker
    No
  • Swimming Pool
    Association
  • Patio
    No
  • Basement
    No
  • Den
    No
  • Central Vacuum
    No
  • Garage Type
    No

Additional Listing Information

  • Walk Score
  • Property Manager
    -
  • Utilities Included
    Water
  • Furnished
    Unfurnished
  • Assessment Year
    2025
  • Assignment
    No
  • Extras Included
    Dryer, Electric range, Electric water heater, Ice maker, Microwave, Refrigerator, Washer

Inside

  • Bedrooms & Baths
    2 Bed, 2 Bath
  • Bedrooms
    2
  • Full Bathrooms
    2
  • Ensuite
    Yes
  • Bathrooms
    2
  • Flooring
    Mixed

Price history

Learn about the price history of 1950 W 54TH ST, Unit 406

Amenities

Discover the amenities available at 1950 W 54TH ST, Unit 406

  • Fitness center
  • Pool
  • Elevators

Real estate trends

View trends of price in Hialeah over the last 12 months

Explore Miami-Dade

Learn about the area around 1950 W 54TH ST, Unit 406

Similar listings

Shop homes for sale similar to 1950 W 54TH ST, Unit 406, Miami-Dade

NEW
Image not found
$260,000
2bd2ba1,080sqft
1950 W 54TH ST, Unit 412
MLS A120185581 day ago
NEW
Image not found
$260,000
2bd2ba1,006sqft
1900 W 54TH ST, Unit 220
MLS A120186001 day ago
NEW
Image not found
$260,000
2bd2ba1,080sqft
1950 W 54TH ST, Unit 406
MLS A120185591 day ago
2691 N COURSE DR, Unit 202 - 122
$235,000
2bd2ba1,100sqft
2691 N COURSE DR, Unit 202
MLS A1200475631 days ago
PRICE CUT
10975 SW 107th ST., Unit 202 - 128
$255,000
2bd2ba936sqft
10975 SW 107th ST., Unit 202
MLS A1200230535 days ago
PRICE CUT
5700 SW 127th Ave, Unit 1208 - 129
$254,900
2bd2ba1,170sqft
5700 SW 127th Ave, Unit 1208
MLS A1199727343 days ago

Similar Sold listings

Shop homes for sale similar to 1950 W 54TH ST, Unit 406, Miami-Dade

8810 Fontainebleau Blvd, Unit 110 - 113
$250,000$240,000
2bd2ba968sqft
8810 Fontainebleau Blvd, Unit 110
MLS A1196821792 days ago
901 SW 128TH TER, Unit 204A - 134
$285,000$275,000
2bd2ba1,192sqft
901 SW 128TH TER, Unit 204A
MLS A1196349398 days ago
240 W 68TH ST, Unit 207 - 123
$240,000$245,000
2bd2ba1,010sqft
240 W 68TH ST, Unit 207
MLS A1196404399 days ago
7075 NW 186TH ST, Unit C104 - 123
$245,000$240,000
2bd2ba960sqft
7075 NW 186TH ST, Unit C104
MLS A11961633101 days ago
23380 CAROLWOOD LN, Unit 205 - 149
$239,000$230,000
2bd2ba1,160sqft
23380 CAROLWOOD LN, Unit 205
MLS A11960882103 days ago
296 RACQUET CLUB RD, Unit 104 - 118
$240,000$240,000
2bd2ba1,220sqft
296 RACQUET CLUB RD, Unit 104
MLS A11965406108 days ago

FAQs About 1950 W 54TH ST, Unit 406

1950 W 54TH ST, Unit 406, MLS® A12018559 has a size of 1080 sqft.

There are 2 bedrooms and 2 bathrooms in this Condo at 1950 W 54TH ST, Unit 406, MLS® A12018559.

Annual taxes for this home are $3,396 based on 2025 tax year reports.

The monthly HOA fees covers water and parking for the unit.

The building's pet policy is as follows: Conditional,Yes. Please contact the property manager or listing agent to confirm specific details, restrictions, and any associated fees that may apply.
Miami Association of REALTORS®
Based on information from the Miami Association of REALTORS®. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information.
©2025 Miami Association of REALTORS® all rights reserved.
Watch Property
1950 W 54TH ST, Unit 406
1950 W 54TH ST, Unit 406