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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.

Property Facts

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

Amenities

Unit Amenities

  • Air Conditioning
  • Kitchen
  • Refrigerator
  • Range
  • Tub/Shower

Site Amenities

  • 24 Hour Access
  • Courtyard
  • Laundry Facilities
  • Gated
  • Elevator

1 Unit Available

Unit 40 Units

Unit Size 583 SF
Price $7,600,000
Price Per SF $13,036.02
Condo Use Flex
Sale Type Investment
EXT
EXT-2
EXT-6
1-3
1-4

+12 More

1-5
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Unit Mix Information

Description No. Units Avg. Rent/Mo SF
1+1 40 - -
Very walkable
80/100
Moderately drivable
60/100
Limited public transit
30/100
Fairly bikeable
50/100
  • Listing ID: 39837553

  • Date on Market: 3/19/2026

  • Last Updated:

  • Address: 1230-1330 W 54th St, Hialeah, FL 33012

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