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Homes for sale in Hialeah
Condominium

5706 W 26th Ave # 5706

Hialeah, FL 33016
$225,000
Beds
2
Baths
1
Sq ft
696
Year built
1991
Price per sq ft
$323

Listing courtesy of Nancy Sanabria, Compass Florida, LLC

About this home

ELITE 4-UNIT CONDO INVESTMENT PACKAGE IN WEST HIALEAH, 4-UNITS SOLD JOINTLY ONLY. Incredible turnkey opportunity for Cash Investors of 4 condo units sold jointly for high-ROI 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 (New roof in progress), 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 with a 7.7% cap rate. 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 maintained HVAC, hot water heaters & electric as well as updated bathrooms & kitchens. The portfolio is highly stabilized with leases extending into 2027. Strategically located in a central commuter hub tailored for the essential workforce, tenants enjoy short commutes via the Palmetto Expressway, 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!

Details

Property

Type
Condominium
Building
Condo 1-4 Stories
Year built
1991
Stories
2
Building name
LAGO AZUL CONDO
Subdivision
LAGO AZUL CONDO
County
Miami-Dade County
View
Garden View
Waterfront
Lake
Flood zone
AE

Interior

Appliances
Electric Water Heater, Microwave, Electric Range, Refrigerator
Flooring
Tile
Cooling
Central Air, Electric
Heating
Central, Electric
Laundry
Common Area
Features
First Floor Entry

Exterior and parking

Parking
2 Or More Spaces, Assigned, Deeded, Guest
Construction
Concrete Block Construction

Community and fees

Association fee
$300 monthly
Amenities
Laundry
Maintenance includes
All Amenities, Building Exterior, Common Area, Insurance, Laundry Facilities, Manager, Outside Maintenance, Parking, Recreation Facilities, Reserve Fund, Roof Repairs, Sewer, Trash Removal
Security
Smoke Detector
Pets
Restrictions Or Possible Restrictions
Annual taxes
$2,716
Terms
All Cash
Minimum lease (days)
365

Neighborhood

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The data relating to real estate for sale or lease on this website comes in part from the Internet Data Exchange (IDX) program of MIAMI REALTORS® MLS. Listings are provided by participating brokers.

Information is deemed reliable but is not guaranteed and should be independently verified. It is subject to change and is provided for consumers’ personal, non-commercial use only, to identify properties they may be interested in. Listing last updated August 26, 2026.