10 West 53rd Terrace

Hialeah, FL 33012

$1,500,000
Price
4
Beds
3
Baths
1,575 Sq. Ft.
$952 / Sq. Ft.
1,575
Sq. Ft.
$952
per Sq. Ft.

Description

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...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
  1. Listed by Ileana Rodriguez • RE/MAX Advance Realty II

Property Details for 10 West 53rd Terrace

Subdivision
PALM SPRINGS AMD
Style
WF/No Ocean Access
Waterfront
Yes
Waterfront Description
Canal Front
View
Garden View
Area
21
Auction
No
Sq Ft Total
1730
LISTING UPDATED: 09/19/2024 11:00 PM

Property Details for 10 West 53rd Terrace

StatusActive
MLS #A11662830
Days on Market59
Taxes$4,939 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeSingle Family
MLS TypeSingle Family / Single
Year Built1952
Lot Size0.30 AC / 13,127 SF
CountyMiami-Dade County

Building Information for 10 West 53rd Terrace

Stories1Year Built1952Building Size-Lot Size0.30 AC / 13,127 SF

Property Information for 10 West 53rd Terrace

Location Information
Location Information
  • Parcel Number Free Text: 04-21-31-001-1590
  • Parcel Number MLX: 1590
  • MLS Area: 21
  • Municipal Code: 4
  • Township Range: 21
  • Section: 31
  • Subdivision Number: 1
  • Subdivision Complex Bldg: PALM SPRINGS AMD
  • Zoning Information: 4400
General Information
Parking
  • Num Garage Spaces: 0
  • Num Carport Spaces: 0
  • Carport Spaces: 0
  • Parking Description: Circular Drive, Driveway
General Information
  • Front Exposure: East
  • Housing Older Persons Act: No HOPA
  • Property Sq Ft: 13127
  • Lot Description: 1/4 To Less Than 1/2 Acre Lot
  • Waterfront Frontage: 100
  • Water Access: None
  • Pool: No
  • Design: Detached
  • Design Description: One Story, Ranch
  • Construction: CBS Construction
  • Construction Type: CBS Construction
  • Roof Description: Shingle Roof
  • Flooring: Tile Floors
  • Floor Description: Tile Floors
Room Information
Room Information
  • Rooms Description: Attic, Family Room, Separate Guest/In-Law Quarters, Utility Room/Laundry
  • Bedroom Description: At Least 1 Bedroom Ground Level, Primary Bath Shower
  • Master Bathroom Description: Shower Only
  • Master Bath Features: Shower Only
  • Dining Description: Breakfast Area, Formal Dining
Additional Property Information
Utilities
  • Heating Description: Central Heat
  • Cooling Description: Central Cooling
  • Water Description: Municipal Water
  • Sewer Description: Municipal Sewer
  • Cable Available: Yes
Additional Property Information
  • Pets Allowed: Yes
  • Pets Allowed: Yes
  • Pet Restrictions: None
  • Guest Accommodations: No
  • Room Count: 0
  • Interior Features: First Floor Entry, Closet Cabinetry, Pantry
  • Equipment Appliances: Circuit Breaker, Dishwasher, Dryer, Microwave, Electric Range, Refrigerator, Washer
  • Exterior Features: Extra Building/Shed, Fence, High Impact Doors, Open Porch
  • Subdivision Information: No Subdiv/Park Info
  • Maintenance Includes: Maintenance Incl Bldg Exterior
  • Storm Protection: Complete Impact Glass
Financial Information
Financial Information
  • Type of Association: None
  • Flood Zone: X
  • Tax Year: 2023
  • Tax Information: Tax Reflects Homestead Tax

Property History for 10 West 53rd Terrace

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 10 West 53rd Terrace

Taxable ValueLand-Additions-Total-
Tax Record2023$4,939 ($412 / month)
Home Facts
Beds4Total Finished SqFt1,575 SqFtAbove Grade Finished SqFt1,575 SqFtStories1Lot Size13,127 SqFtStyleSingle Family ResidenceYear Built1952Year Renovated1983Zoning0100:SINGLE FCountyMIAMI-DADEAPN04-2131-001-1590

Schools near 10 West 53rd Terrace

This home is within Miami-Dade County Public Schools.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - PK to 8
Public - 6 to 8
Public - 9 to 12
Rating
School
Distance
Palm Springs Elementary School
PublicPK to 5

Palm Springs Middle School
Public6 to 8

Robert Morgan Voc-Tech Institute
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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10 West 53rd Terrace is a single family home for sale in Hialeah, FL 33012. This property was listed for sale on September 19, 2024 by RE/MAX Advance Realty II, it's currently listed at $1,500,000. It has been on the market for a total of 59 days and was last sold on February 27, 2018. This listing's school district is Miami-Dade County Public Schools. Nearby schools include Palm Springs Elementary School, Air Base K-8 Center for International Education and Palm Springs Middle School. 10 West 53rd Terrace is a 4-bed, 3-bath, 1,575 sqft single family home built in 1952.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass makes no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of RE/MAX Advance Realty II

Based on information from one of the following Multiple Listing Services: Beaches Multiple Listing Service, Inc., Martin County REALTORS® of the Treasure Coast, Inc., Miami Association of REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Beaches Multiple Listing Service, Inc., Martin County REALTORS® of the Treasure Coast, Inc., Miami Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.