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1230-1330 W 54th St - 40 UNITS for Sale at The Kensington Condo 583 SF Flex Condo Unit Offered at $10,326,652 CAD in Hialeah, FL 33012
Investment Highlights
- Seller financing available for qualified investors, providing enhanced leverage, structured terms, and increased flexibility to optimize return
- 100% Occupied: Immediate cash flow from day one
- Stabilized Asset: Proven operating history with consistent performance
- Rare Portfolio Opportunity: 40 condo units sold together by one owner
- High-Demand Rental Market: Strong tenant demand in central Hialeah
- Attractive Unit Configuration: 1BR/1BA units appeal to broad renter base
Executive Summary
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.
1 Unit Available
Unit 40 Units
| Unit Size | 583 SF | Condo Use | Flex |
| Price | $10,326,652 CAD | Sale Type | Investment |
| Price Per SF | $17,712.95 CAD |
| Unit Size | 583 SF |
| Price | $10,326,652 CAD |
| Price Per SF | $17,712.95 CAD |
| Condo Use | Flex |
| Sale Type | Investment |
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.
Flexible Acquisition Structure: Seller financing available for qualified investors, providing enhanced leverage, structured terms, and increased flexibility to optimize returns.
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Exterior
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Property Facts
| Total Building Size | 198,391 SF | Typical Floor Size | 52,160 SF |
| Property Type | Multifamily (Condo) | Year Built | 1969 |
| Property Subtype | Apartment | Lot Size | 6.61 AC |
| Building Class | C | Parking Ratio | 1.35/1,000 SF |
| Floors | 3 | ||
| Zoning | R-3 - Multifamily - Residential | ||
| Total Building Size | 198,391 SF |
| Property Type | Multifamily (Condo) |
| Property Subtype | Apartment |
| Building Class | C |
| Floors | 3 |
| Typical Floor Size | 52,160 SF |
| Year Built | 1969 |
| Lot Size | 6.61 AC |
| Parking Ratio | 1.35/1,000 SF |
| Zoning | R-3 - Multifamily - Residential |
Amenities
Site Amenities
- 24 Hour Access
- Courtyard
- Laundry Facilities
- Gated
- Elevator
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 40 | - | - |
Presented by
Candelaria Investments Group LLC
1230-1330 W 54th St - 40 UNITS for Sale at The Kensington Condo
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