10 53rd Ter ,Palm Springs Amd for Sale

10 53rd Ter for Sale

Price $1,500,000.00

• Lot size 13127
• Year Build
• Waterfront Canal Front, Canal Width 81-120 Feet
• Zip 33012
• Style
• Parking Description
• Pool Yes
• Status Active

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 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

PALM SPRINGS AMD PB 53-22 LOT 1 BLK 8 LOT SIZE 96.520 X 136 OR 19829-2334 0801 1 COC 24443-0096 04 2006 1

Central Business District, Less Than 1 Acre

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

City:Hialeah,View Y N:1,Zoning:4400,List A O R:A-Miami Association of REALTORS,Tax Year:2023,Latitude:25.8709153,List Price:1500000,Listing Id:A11635359,Longitude:-80.2835015,Mls Status:Active,Utilities:1:Electricity Connected,2:Natural Gas Connected,3:Phone Connected,4:Sewer Connected,5:Water Connected,6:Cable Available,7:Electricity Available,8:Phone Available,9:Sewer Available,10:Trash Removal,Current Use:1:Income (Other),Inclusions:None,Postal Code:33012,Street Name:53rd Ter,Coordinates:1:25.8709153,Lot Features:1:Less Than 1 Acre,Photos Count:31,Building Name:PALM SPRINGS AMD,Days On Market:1,Listing Terms:1:Conventional,2:Owner Will Carry,Lot Size Acres:0.32,Lot Size Units:Square Feet,M I A M I R E_ Area:21,M L S Area Major:Palm Springs Amd,On Market Date:2024-08-04,Parcel Number:04-21-31-001-1590,Property Type:Commercial Land,Street Number:10,Waterfront Y N:1,Public Remarks: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,County Or Parish:Miami-Dade County,Frontage Length:85,List Office Name:RE/MAX Advance Realty II,Standard Status:Active,Living Area Units:Square Feet,Major Change Type:New,Postal Code Plus4:2717,State Or Province:FL,Street Dir Prefix:W,Subdivision Name:PALM SPRINGS AMD,Tax Annual Amount:4939,Unparsed Address:10 W 53rd Ter, Hialeah FL 33012,Listing Agreement:Exclusive Right To Sell,Building Area Units:Square Feet,Lot Size Dimensions:85x105,Lot Size Square Feet:13127,M I A M I R E_ L P Amt Sq Ft:114.2683,Original List Price:1500000,Public Survey Range:21,I D X Participation Y N:1,Syndication Remarks: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,Waterfront Features:1:Canal Width 81-120 Feet,Listing Contract Date:2024-08-04,Originating System I D:miamire,Public Survey Section:31,Showing Instructions:Showing Assist,Street Number Numeric:10,Tax Legal Description:PALM SPRINGS AMD PB 53-22 LOT 1 BLK 8 LOT SIZE 96.520 X 136 OR 19829-2334 0801 1 COC 24443-0096 04 2006 1,Public Survey Township:21,Originating System Name:Miami Association of REALTORS?,M I A M I R E_ Internet Remarks:approved plans: 4 units, each with 3 bedrm and 2 bathrm Potential income $14,000 per month (plans can be modified)to build up to 12 units,M I A M I R E_ Showing Time Flag:1,Contract Status Change Date:2024-08-04,Internet Address Display Y N:1,Internet Consumer Comment Y N:1,M I A M I R E_ Ok To Advertise List:No,Internet Entire Listing Display Y N:1,Internet Automated Valuation Display Y N:1,