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
Property Features
Property Information:
Architectural Style: Detached, Ranch, One Story
Year Built: 1952
Stories: 1
Living Area: 1,575 SqFt
Listing Office:
Office Name: RE/MAX Advance Realty II
Office Phone: (305) 251-2127
Listing Agent: Ileana Rodriguez
Interior Features
Interior Information:
Appliances: Dryer, Dishwasher, Electric Range, Microwave, Refrigerator, Washer
Flooring Type: Tile
Interior: Bedroom on Main Level, Breakfast Area, Closet Cabinetry, Dining Area, Separate/Formal Dining Room, First Floor Entry, Pantry, Attic
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NMLS#3030
Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
Elementary School
8
/10
Palm Springs Elementary School
6304 E 1st Ave
Distance between this listing and this school0.70 miles
Public District Grades PK-5
Middle School
4
/10
Palm Springs Middle School
1025 W 56th St
Distance between this listing and this school1.37 miles
Public District Grades 6-8
High School
3
/10
Hialeah Senior High School
251 E 47th St
Distance between this listing and this school0.61 miles
Public Magnet Grades 9-12
Assigned Schools
8
/10
Palm Springs Elementary School
6304 E 1st Ave
Distance between this listing and this school0.70 miles
Public District Grades PK-5
Nearby Schools
6
/10
Amelia Earhart Elementary School
5987 E 7th Ave
Distance between this listing and this school1.00 miles
Public District Grades PK-5
7
/10
North Hialeah Elementary School
4251 E 5th Ave
Distance between this listing and this school1.03 miles
Public District Grades PK-5
Assigned Schools
4
/10
Palm Springs Middle School
1025 W 56th St
Distance between this listing and this school1.37 miles
Public District Grades 6-8
Nearby Schools
5
/10
Hialeah Middle School
6027 E 7th Ave
Distance between this listing and this school1.06 miles
Public Magnet Grades 6-8
4
/10
Henry H. Filer Middle School
531 W 29th St
Distance between this listing and this school1.64 miles
Public District Grades 6-8
Assigned Schools
3
/10
Hialeah Senior High School
251 E 47th St
Distance between this listing and this school0.61 miles
Public Magnet Grades 9-12
Nearby Schools
5
/10
Hialeah-Miami Lakes Senior High School
7977 W 12th Ave
Distance between this listing and this school2.21 miles
Public Magnet Grades 9-12
1
/10
Secondary Student Success Center 801
7977 W 12th Ave
Distance between this listing and this school2.21 miles
The neighbors living near this home have an average income of $80,403. The most common annual income of people living in Hialeah, FL is between $35k-100k. The majority of families are married, no kids. Residents of this area typically have high school diploma education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 10 W 53rd Ter
What is the listing price of this property?
The listing price of 10 W 53rd Ter property is $1,500,000.
What type of property is this?
The property 10 W 53rd Ter is a house located in Hialeah, Florida, 33012.
Is this property for sale now?
Active Listing: 10 W 53rd Ter is For Sale (Active/New) which means the seller is accepting offers.
What are the assigned schools for this property?
The assigned schools for 10 W 53rd Ter are: Palm Springs Elementary School: GreatSchools Rating 8/10Palm Springs Middle School: GreatSchools Rating 4/10Hialeah Senior High School: GreatSchools Rating 3/10
What is the annual property tax for this property?
According to the records, the last property tax for 2020 is $4,677 (source: MLS/based on county public records data).
How many bedrooms and bathrooms does this property have?
The property at 10 W 53rd Ter has 4 bedrooms and 3 bathrooms.
What is the square footage of this property?
The property 10 W 53rd Ter is 1,575 SqFt (source: MLS/tax record).
Which year was this property built?
The year of construction for 10 W 53rd Ter is 1952.
This home is located at 10 W 53rd Ter in Hialeah, FL and zip code 33012 in the Palm Springs neighborhood. This 1,575 square foot home was built in 1952. Features: 4 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since September 20, 2024 and is currently priced at $1,500,000.
Hialeah, FL housing market in October 2024 saw over 10 listings sold above listed price, more than 17 sold at listed price and over 63 sold below. Between September 2024 and October 2024, Hialeah, FL real estate market has seen increase in the number of listings by 9.6%. Listings spent 52 days on the market in October 2024, and had a median list price of $463,609 during the same period.
From Rocket Homes Real Estate and based on county public records data.