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14840 Naranja Lakes Blvd, Homestead FL 33032

Commercial For Sale
$2,300,000

BTC: 24.33836679

ETH: 684.52380952

+$100K (2024/12/10)
149 days
0 room(s)
Est. Estimated sales range: $0 - $0
$0

Overview

EXCLUSIVE SALE: $400K PRICE REDUCTION!! An exceptional investment opportunity of 16 condo units in a complex of 240 units. These units offer a prime location combined with a strong rental market. Each condo has 1,075 sq. ft., featuring 2 beds and 1.5 bathrooms All units are rented, ensuring immediate cash flow. The price per unit is $143,750. The median market rent for similar units in the area is $2,100. The current gross rent is $270,800 with a potential annual rent of $372,800. The seller is open to seller financing with favorable terms: 50% down and 7% interest-only for the first 3 years. Impact windows in each unit, new roof, and recent exterior paintwork have been paid for through a previous assessment. Don't miss this rare opportunity to acquire an income-generating portfolio.

Location

Florida • Homestead • 33032 • Commercial • For Sale

Facts and features

Type:
Commercial Sale
Parking:
Assigned / Guest
Year Built:
1974
Lot:
1075 Square Feet
Heating:
Central Individual A/C
Price/sqft:
No Data
Cooling:
Central Individual A/C
HOA:
$499
All facts and features

  • Flooring

    • Carpet

    Heating

    • Central Individual A/C

    Cooling

    • Central Individual A/C

  • Parking

    • Assigned

    • Guest

    Lot

    • Lot: 1075 Square Feet

    Other Property Information

    • Parcel Number: 30-69-33-014-1550

    • Zoning: 3900

  • Type and style

    • Property Type: Commercial Sale

    • Property Sub Type: Income/MultiFamily

  • Other financial information

    • HOA: $499

    • HOA Frequency: Monthly

    • Annual tax amount: $1,613

  • Source details

    • MLS ID: A11628906

    Other facts

    • Construction Materials: CBS Construction

    • Water Source: Public

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The multiple listing information is provided by the Miami Association of REALTORS® from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2024-present Miami Association of REALTORS®. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: Keller Williams Capital Realty