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1230-1330 W 54th St
Hialeah, FL 33012 Hialeah

$7,600,000 USD

Apartments Condo For Sale  •  583 SF

Property Details

  • Property Type Apartments
  • Total Building Size 198,391 SF
  • Lot Size 6.61 AC
  • Building Class C
  • Year Built 1969
  • Zoning R-3
30 Transit Score
80 Walk Score

1 Unit Available

Name Condo Use Size Price Details
2nd Floor - Unit 40 Units Flex 583 SF $7,600,000 USD
  • Unit Size: 583 SF
  • Condo Use: Flex
  • Price: $7,600,000 USD
  • Sale Type: Investment
  • Price/SF: $13,036.02 USD
Description
Offering Type: Partial condominium sale: The 40 units are well-maintained and benefit from secure building access, on-site parking, and shared common amenities that support long-term tenant retention. With 100% occupancy and a proven rental history, this portfolio offers investors a turnkey, low-management-intensity opportunity with immediate income and future appreciation potential.

Sale Notes
The Kensington Condominium in Hialeah, Florida presents a rare partial-condominium portfolio acquisition consisting of 40 individually deeded condominium units, all owned by a single seller within the complex. The offering includes 40 fully leased one-bedroom, one-bathroom apartments, delivering stable in-place cash flow in one of Miami-Dade County’s strongest workforce housing submarkets.
Prime Location: Close proximity to retail, dining, schools, and transit corridors.
Low-Risk Profile: Diversified income across multiple leases within a condo structure.
Upside Potential: Long-term appreciation and potential rent growth.

Description 

The Kensington Condominium in Hialeah, Florida, presents a rare investment opportunity consisting of 40 fully leased 1-bedroom, 1-bathroom apartments within the condominium. This portfolio offers stable cash flow and turnkey operations in a high-demand residential market. The units are well-maintained and benefit from secure building access, on-site parking, and convenient common amenities, providing both immediate income and long-term appreciation potential. Strategically located near shopping, dining, schools, and major transportation routes, these units enjoy strong rental demand and excellent accessibility. With a proven rental history and full occupancy, this offering represents an attractive, low-risk investment for savvy buyers.
Strategically located near major retail corridors, schools, employment centers, and primary transportation routes, the property enjoys consistent tenant demand driven by its central Hialeah location and accessibility. This investment is well-suited for buyers seeking scale within a condominium structure, diversification of income streams, and exposure to a high-barrier rental market.

Highlights

Rare Portfolio Opportunity: 40 condo units sold together by one owner
100% Occupied: Immediate cash flow from day one
High-Demand Rental Market: Strong tenant demand in central Hialeah
Stabilized Asset: Proven operating history with consistent performance
Attractive Unit Configuration: 1BR/1BA units appeal to broad renter base
Well-Maintained Units: Secure access, parking, and common amenities

Amenities

  • 24 Hour Access
  • Air Conditioning
  • Courtyard
  • Laundry Facilities
  • Gated
  • Kitchen
  • Refrigerator
  • Range
  • Tub/Shower
  • Elevator

Public Transportation

Commuter RailDriveWalkDistance
Okeechobee (Metrorail Green Line - Miami-Dade Transit (Metrorail/Metromover)) 7 min - 2.7 mi
Palmetto (Metrorail Green Line - Miami-Dade Transit (Metrorail/Metromover)) 8 min - 3.7 mi
AirportDriveWalkDistance
Miami International 18 min - 7.6 mi
Fort Lauderdale/Hollywood International 36 min - 21.5 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 269
Type: Surface
Included in Rent: Yes
Zuleyka Candelaria 305-842-8108 Candelaria Investments Group LLC
Zuleyka Candelaria 305-842-8108 Candelaria Investments Group LLC