1300 W 53rd St 18, Hialeah, FL 33012 — MLS photo

Active · Condominium

$250,000

1300 W 53rd St 18, Hialeah, FL 33012

Beds: 2
Baths: 2
Living area: 1,024 sq ft
$ / sq ft: $244/sq ft
Year built: 1971
Lot size: —
HOA fee: $320 Monthly
Annual tax: $3,678

About this property

Great investment opportunity in the heart of Hialeah. Unit currently rented for $2,200/month until May 2026, providing immediate and stable cash flow. Conveniently located near schools, shopping centers, and major highways. Perfect for investors looking for guaranteed income from day one. Showings by appointment only

Property location

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1300 W 53rd St 18, Hialeah, FL 33012

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Facts & features

Interior

Bedrooms: 2
Bathrooms: 2
Living area: 1,024 sq ft
Flooring: Laminate
Appliances: Some Gas Appliances, Dryer, Dishwasher, Gas Range, Microwave, Refrigerator, Washer
Cooling: Central Air
Heating: Central
Interior features: First Floor Entry, Upper Level Primary

Exterior & Structure

Property type: Condominium
Year built: 1971
Stories: 3
Architectural style: None
Construction: Block
Exterior features: None
View: Canal

Parking

Garage spaces: 0
Covered spaces: 2
Parking features: Two Or More Spaces

HOA, Community & Financials

Association fee: $320 Monthly
Fee inclusions: Laundry, Maintenance Grounds, Trash, Water
Amenities: None
Security: Complex Fenced
Pets allowed: Size Limit, Yes
Annual tax: $3,678
Subdivision: WESTLAND PLAZA GARDENS CO
County: Miami-Dade
Days on market: 54
MLS listing ID: A11885605
Listing status: Active

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Pre-filled from this listing's price, HOA and tax record. Adjust anything to see returns update instantly.

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Estimated monthly cash flow

$320

Cap rate: 7.2%
Net yield: 7.2%
Cash-on-cash return: 5.5%
Gross yield: 12.1%
Mortgage payment: $1,185/mo
Down payment: $62,500
Loan amount: $187,500
Annual NOI: $18,067

Estimates only — includes 5% maintenance reserve and ~3% closing costs in cash invested. Verify taxes, HOA and insurance before making an offer.