5706 W 26th Ave # 5706 Hialeah FL 33016 MLS #A12018601

5706 W 26th Ave # 5706
Hialeah, FL, 33016
$225,000
2 Beds
1 Baths
696 SqFt
0 Acres
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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!

Property Details

Price:
$225,000
MLS #:
A12018601
Status:
Active
Beds:
2
Baths:
1
Address:
5706 W 26th Ave # 5706
Type:
Condo
Subtype:
Condominium
Subdivision:
LAGO AZUL CONDO
Neighborhood:
lagoazulcondo
City:
Hialeah
Listed Date:
May 20, 2026
State:
FL
Finished Sq Ft:
696
Total Sq Ft:
696
ZIP:
33016
Year Built:
1991
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Schools

Elementary School:
West Hialeah Gardens
Middle School:
Palm Springs
High School:
Hialeah Gardens High

Interior

Appliances
Electric Water Heater, Microwave, Electric Range, Refrigerator
Bathrooms
1 Full Bathroom
Cooling
Central Air, Electric
Flooring
Tile
Heating
Central, Electric
Laundry Features
Common Area

Exterior

Association Amenities
Laundry, Other
Construction Materials
Concrete Block Construction
Parking Features
2 Or More Spaces, Assigned, Deeded, Guest
Security Features
Smoke Detector, Other

Financial

HOA Fee
$300
HOA Frequency
Monthly
Tax Year
2025
Taxes
$2,716

Map

Community

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