10 W 53rd Terrace Hialeah, FL 33012
Estimated payment $7,981/month
Total Views
2,366,600
--
Bed
--
Bath
--
Sq Ft
--
Price per Sq Ft
Highlights
- Home fronts a canal
- No HOA
- Complete Impact Glass
About This Home
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
Listing Agent
RE/MAX Advance Realty II Brokerage Email: ileana@ileanasellsmiami.com License #0392092 Listed on: 08/04/2024
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $4,939
Lot Details
- 0.32 Acre Lot
- Lot Dimensions are 85x105
- Home fronts a canal
Home Design
Utilities
- Natural Gas Connected
- Phone Connected
- Cable TV Available
Additional Features
- Canal Views
- Canal Width is 81-120 Feet
Community Details
- No Home Owners Association
- Palm Springs Amd Condos
- Palm Springs Amd Subdivision
Listing and Financial Details
- Tax Lot 13127 sf
- Assessor Parcel Number 04-21-31-001-1590
Map
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Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $5,080 | $322,415 | -- | -- |
| 2024 | $4,939 | $313,329 | -- | -- |
| 2023 | $4,939 | $304,203 | $0 | $0 |
| 2022 | $4,767 | $295,343 | $0 | $0 |
| 2021 | $4,738 | $286,741 | $0 | $0 |
| 2020 | $4,677 | $282,783 | $166,767 | $116,016 |
| 2019 | $5,483 | $282,990 | $166,767 | $116,223 |
| 2018 | $4,668 | $268,828 | $151,427 | $117,401 |
| 2017 | $4,230 | $212,976 | $0 | $0 |
| 2016 | $3,857 | $193,615 | $0 | $0 |
| 2015 | $3,506 | $176,014 | $0 | $0 |
| 2014 | $3,079 | $151,592 | $0 | $0 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 02/21/2025 02/21/25 | Price Changed | $1,400,000 | -6.7% | -- |
| 08/04/2024 08/04/24 | For Sale | $1,500,000 | +284.6% | -- |
| 02/27/2018 02/27/18 | Sold | $390,000 | -6.0% | $248 / Sq Ft |
| 01/08/2018 01/08/18 | For Sale | $415,000 | +151.5% | $263 / Sq Ft |
| 05/23/2014 05/23/14 | Sold | $165,000 | +3.2% | $105 / Sq Ft |
| 04/21/2014 04/21/14 | Pending | -- | -- | -- |
| 04/09/2014 04/09/14 | For Sale | $159,900 | -- | $102 / Sq Ft |
Source: MIAMI REALTORS® MLS
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Interfamily Deed Transfer | -- | None Available | |
| Warranty Deed | $390,000 | Columbia Title Of Florida In | |
| Special Warranty Deed | $165,000 | Attorney | |
| Trustee Deed | $151,100 | None Available | |
| Warranty Deed | $325,000 | Title Works Of Miami Inc | |
| Warranty Deed | $159,900 | -- | |
| Warranty Deed | -- | -- | |
| Warranty Deed | $111,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $25,000 | Credit Line Revolving | |
| Previous Owner | $256,000 | Negative Amortization | |
| Previous Owner | $171,000 | Unknown | |
| Previous Owner | $88,800 | No Value Available |
Source: Public Records
About the Listing Agent
I'm not your typical real estate agent. I'm a second-generation Realtor® with an impressive 43 years of experience. I go the extra mile to ensure you have a 5-star experience, providing personalized concierge service every step of the way.
As a Broker-Associate with RE/MAX Advance Realty, I hold elite designations:
· CRS (Council of Residential Specialists) - Only 4% of Realtors nationwide achieve this, signifying extensive training and experience.
· SRS (Seller Representative
Ileana's Other Listings
Source: MIAMI REALTORS® MLS
MLS Number: A11635359
APN: 04-2131-001-1590
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