2 months on rocket

10 W 53rd Ter, Hialeah, FL, 33012

$1,500,000

Home List Price

$10,000*

Closing Credit

4 Bedrooms
3 Full Baths
1,575 SqFt
$952/SqFt
House

Location

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10 W 53rd Ter, Hialeah$1,500,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingCircular Driveway, Driveway
Year Built1952
HeatingCentral
CoolingCentral Air
WaterfrontCanal
ViewGarden
MLS #A11662830
StatusActive

About 10 W 53rd Ter

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

Bedroom and Bathroom Information:

  • Full Bathrooms: 3
  • Total Bedroom Count: 4

Exterior Features

Exterior Information:

  • Waterfront: Canal
  • View: Garden
  • Exterior: Fence, Security/High Impact Doors, Porch, Shed

Parking Information:

  • Parking: Circular Driveway, Driveway

Virtual/3D Tour

  • Virtual Tour: 10 W 53rd Ter
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Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,500,000
  • Price Per SqFt: $952/SqFt

Tax Information:

  • Annual Amount: $4,677
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Hialeah, FL.

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Hialeah, FL

City

Med. Sold Price

$463.6K

Med. Price/SqFt

$325

Avg. Days On Market

52

# of Sold Homes

90

10 W 53rd Ter vs Hialeah

63 DAYS ON ROCKET

+11 Days

$1,500,000

+$1.0M More

$952/SqFt

+$626 More

KEY TAKEAWAY

This property is $1.0M more than the Median Sold Price and $626/SqFt more than other homes in Hialeah, FL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: SEFMIAMI
  • MLS Number: #A11662830

Listing Office:

  • Office Name: RE/MAX Advance Realty II
  • Office Phone: (305) 251-2127
  • Listing Agent: Ileana Rodriguez

IDX © 2024 Miami Association of REALTORS®. All rights reserved. The data relating to real estate on this web site comes in part from the Internet Data Exchange program of the MLS of the Miami Association of REALTORS®. All information is deemed reliable but not guaranteed by the MLS and should be independently verified. The MLS, this broker and their affiliates provide all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This property is offered without respect to any protected classes in accordance with the law.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/21/2024, 10:20:48 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$4,677$282,783
2018$4,668$234,273
2017$4,230$233,933

History based on county public records data.

Payment Calculator

$7,554

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$4,564

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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.

Nearby Schools

school-card-donut-441418
7
/10

  • Palm Springs Elementary School

  • 6304 E 1st Ave

  • 0.69 miles

  • Public District Grades PK-5

school-card-donut-441419
6
/10

  • North Hialeah Elementary School

  • 4251 E 5th Ave

  • 0.97 miles

  • Public District Grades PK-5

school-card-donut-441420
7
/10

  • Amelia Earhart Elementary School

  • 5987 E 7th Ave

  • 1.03 miles

  • Public District Grades PK-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $80,403. Typical income of Hialeah, FL residents is between $35k-100k annually. Typical family type is 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 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.

Rocket Homes›Florida›Miami-Dade County›Hialeah›33012›10 W 53rd Ter

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.

While more than 10 listings in Hialeah, FL in October 2024 were sold above asking price, there were more than 17 listings sold at asking price, and more than 63 were sold below. In October 2024 in Hialeah, FL there were 9.6% more homes for sale than in September 2024. While the average time on the market in October 2024 was 52 days, the median list price was $463,609.

From Rocket Homes Real Estate and based on county public records data.

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