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Waterfront · Townhouse
$255,800$251 / sqft
1328 W 51ST Place # 23, Hialeah FL 33012
Listed
2
Bedrooms
1,019 sqft
Interior
1987
Year built
$216 / mo
HOA
Townhouse
Type
About this home
Spacious living in a 1,019-square-foot townhouse. Centrally located in Hialeah with two bedrooms and one and a half baths. The main level brings living, dining, and cooking together in one open space arrangement, with a half bath nearby for visitors. Laundry closet fits side by side W/D. Upstairs, the primary bedroom provides his/hers closets. Plenty on natural light, two balconies, two assigned parking spaces. Great opportunity for homeowners and investors. Conveniently located near Miami Spring Hospital, Westland Mall, Palmetto Expressway, restaurants, and more. New kitchen cabinets, counter top, new bathroom cabinets. Metal roof 2024, A/C unit installed 2023, water heater 2022, new owner does not have to cover big ticket items. Unit looks better in person, bring your buyers to see it, it will not disappoint.
Features
- No Interior Features
- None
Location
Approximate — shows the building, not the unit. Open in maps (opens in a new tab)
Estimated loan & HOA
$1,509
Loan payment and HOA only. Property tax and insurance are significant here and are not included.
- Principal & interest
- $1,293
- HOA
- $216 / mo
Illustration only — not a loan offer, quote, or commitment. We are not a lender and neither offer nor arrange financing. Assumes a 30-year loan at 6.5% with 20% down (rates as of July 2026); your actual terms will differ.
Run the numbers
We fill in the price and the building's HOA dues. That leaves tax, insurance and maintenance — they depend on your exemptions, your insurer and the unit, so we don't guess them. Rent starts from what comparable units are asking nearby. Vacancy and the loan terms below start at common defaults; change them.
Median asking rent for 2-bed rentals across Miami-Dade, from 171 active listings; the middle half ask $2,300–$2,995.That is what landlords ask, not what units let for — edit it if you know better.
Our default, not a market figure
From the listing
Depends on assessed value & exemptions
Varies widely by building
Repairs, turnover, management
Cap rate
Cash-on-cash
Monthly cash flow
Net operating income
Enter property tax, insurance, maintenance to see the returns. A cap rate calculated without every cost overstates the deal — often by half — so we don't show a partial one.
Illustration only — not a loan offer, quote, or investment advice. We are not a lender and neither offer nor arrange financing. The loan fields start at 20% down over 30 years at 6.5% (rates as of July 2026); that is a nominal rate for illustration, not an APR, and your actual terms will differ. Cap rate is unlevered; cash-on-cash counts the down payment as invested capital and excludes closing costs.
Listing data from the MIAMI Association of REALTORS® (MIAMIRE) IDX program. Information deemed reliable but not guaranteed. Demo data shown for layout purposes.