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Hialeah,FL 33012
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
Square Footage 1,575 sqft
Price per Sqft $952
Subdivision Palm Springs Amd
MLS Listing ID A11662830
Style Detached,Ranch,One Story
Bedrooms 4
Full Baths 3
Year Built 1952
Annual Tax Amount $4,939
Tax Year 2023
Lot Size 0.301 Acres
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
Location
State FL
County Miami-dade
Community Palm Springs Amd
Area 21
Interior
Heating Central
Cooling Central Air
Flooring Tile
Exterior
Exterior Feature Fence,Security/High Impact Doors,Porch,Shed
Pool None
Utilities Available Cable Available
Waterfront Yes
Waterfront Description Canal Front
View Garden
Roof Type Shingle
Building
Lot Description 1/4 to 1/2 Acre Lot
Story 1
Sewer Public Sewer
Water Public
Structure Type Block
Others
Acceptable Financing Cash,Conventional
Listing Terms Cash,Conventional
Pets Description No Pet Restrictions,Yes