5706 W 26th Ave # 5706, Hialeah FL 33016

This 696 square foot residential condominium in Miami-Dade County offers an excellent opportunity for cash investors seeking a stable, low-maintenance rental property. Located in the Lago Azul Condo subdivision, this first-floor unit was built in 1991 and features a garden view with lake frontage. The property includes central air and electric cooling, central and electric heating, a smoke detector and additional security features.
The kitchen is equipped with an electric range, refrigerator, microwave, and electric water heater. Residents also benefit from common-area laundry, two or more parking spaces with assigned and deeded parking, plus guest parking. The monthly association fee is $300. Pets may be allowed, subject to condominium restrictions.

LAGO AZUL CONDO Unit 5706

This condo is part of a turnkey four-unit investment package that must be purchased jointly. The portfolio includes three two-bedroom, two-bath units and one two-bedroom, one-bath unit located in Lago Azul, Westland Eden I, and Westland Eden II. The package generates approximately $109,200 in gross scheduled income, $77,408 in NOI, a 71 percent operating efficiency, and a 7.7 percent cap rate. Leases extend into 2027, with updated kitchens and bathrooms, maintained HVAC systems and water heaters, and no pending assessments. The Lago Azul roof is currently being replaced. Related MLS numbers are A12018601, A12018600, A12018559, and A12018558.
At 5706 W 26th Ave # 5706, Hialeah FL 33016, residents enjoy convenient access to the Palmetto Expressway, I-75, Miami International Airport, Westland Mall, Publix, Sedanos, Miami Dade College, schools, and local amenities. Miami’s warm weather, beaches, dining, nightlife, and year-round entertainment add lasting appeal.
Call or WhatsApp +1 786.468.4380 for details or to discuss this investment opportunity.