Description

Seller is willing to negotiate the special assessment. Upon completion of all improvements, the building will be fully updated and compliant. The unit is currently rented on a month-to-month basis, providing immediate income and flexibility for both investors and end-users. Conveniently located in Hialeah, near major highways, schools, shopping centers, and dining, offering easy access to everyday essentials and key areas throughout Miami-Dade. Lowest association in the area. Cash-only sale due to existing building violations. A special assessment of $675/month for 60 months began in November 2024 and covers major improvements, including structural repairs, plumbing, railings, electrical systems, foundation work, as well as painting and waterproofing. Excellent opportunity for investors seeking a value-add property in a high-demand rental market.

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Description

Seller is willing to negotiate the special assessment. Upon completion of all improvements, the building will be fully updated and compliant. The unit is currently rented on a month-to-month basis, providing immediate income and flexibility for both investors and end-users. Conveniently located in Hialeah, near major highways, schools, shopping centers, and dining, offering easy access to everyday essentials and key areas throughout Miami-Dade. Lowest association in the area. Cash-only sale due to existing building violations. A special assessment of $675/month for 60 months began in November 2024 and covers major improvements, including structural repairs, plumbing, railings, electrical systems, foundation work, as well as painting and waterproofing. Excellent opportunity for investors seeking a value-add property in a high-demand rental market.