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
Property Details
Price:
$1,400,000
MLS #:
A11635359
Status:
Active
Beds:
0
Baths:
0
Type:
Single Family
Subtype:
Income/MultiFamily
Subdivision:
PALM SPRINGS AMD
Neighborhood:
palmspringsamd
Listed Date:
Aug 4, 2024
Lot Size:
13,127 sqft / 0.32 acres (approx)
See this Listing
Schools
Interior
Exterior
Financial
Tax Year
2023
Taxes
$4,939
Map
Community
- Address10 W 53rd Ter Hialeah FL
- SubdivisionPALM SPRINGS AMD
- CityHialeah
- CountyMiami-Dade County
- Zip Code33012
Market Summary
Current real estate data for Single Family in Hialeah as of Jan 16, 2026
371
Single Family Listed
130
Avg DOM
423
Avg $ / SqFt
$834,340
Avg List Price
Property Summary
- Located in the PALM SPRINGS AMD subdivision, 10 W 53rd Ter Hialeah FL is a Single Family for sale in Hialeah, FL, 33012. It is listed for $1,400,000 and features 0 beds, 0 baths, and has approximately 0 square feet of living space.The average price per square foot for Single Family listings in Hialeah is $423. The average listing price for Single Family in Hialeah is $834,340.
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