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14840 Naranja Lakes Blvd, Homestead FL 33032

Multi-family For Sale
$157,143

BTC: 2.46852006

ETH: 63.29902721

55 days
0 room(s)
1,075 sqft
Est. Estimated sales range: $0 - $0
$0

Overview

EXCLUSIVE SALE: An exceptional investment opportunity of 14 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 $157,143. The median market rent for similar units in the area is $2,100. The current gross rent is $250,800 with a potential annual rent of $352,800. Minimum purchase is 5 units. 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

Facts and features

Type:
Residential Income
Parking:
No Data
Year Built:
1974
Lot:
No Data
Heating:
Central
Price/sqft:
$146
Cooling:
Central Air
HOA:
$499
All facts and features
  • Flooring

    • Carpet

    Heating

    • Central

    Cooling

    • Central Air

  • Other Property Information

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

    • Zoning: 3900

  • Type and style

    • Property Type: Residential Income

    • Property Sub Type: Quadruplex

  • Other financial information

    • HOA: $499

    • HOA Frequency: Monthly

    • Annual tax amount: $1,613

  • Source details

    • MLS ID: A11628895

    Other facts

    • Construction Materials: CBS Construction

    • Lot Features: Other Lot Description

    • Architectural Style: Other

    • Living Area: 1075

    • Subdivision Name: NARANJA LAKES, HOMESTEAD

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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