Homes for sale - 14840 Naranja Lakes Blvd #C2L, Homestead, FL 33032...

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Peter Giannikopoulos

peter.giannikopoulos@elliman.com +1(617) 733-2519

$ 2,300,000

Est. payment | -/mo

1,075 SqFt

Save Virtual Tour

$ 2,300,000

Est. payment | -/mo

Save Virtual Tour

1,075 SqFt

Key Details

Property Type Condo

Sub Type Condominium

Listing Status Active

Purchase Type For Sale

Square Footage 1,075 sqft

Price per Sqft $2,139

MLS Listing ID A11628906

Construction Status Resale

HOA Fees $499/mo

HOA Y/N Yes

Year Built 1974

Annual Tax Amount $1,613

Lot Size 1,075 Sqft

Property Description

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

State FL

County Miami-dade

Area 69

Interior

Heating Central

Cooling Central Air

Flooring Carpet

Exterior

Roof Type Concrete

Building

Sewer Public Sewer

Water Public

Structure Type Block

Construction Status Resale

Others

Tax ID 30-69-33-014-1550

Security Features Fenced,Security Guard

Acceptable Financing Cash, Conventional, Owner May Carry, Other

Listing Terms Cash, Conventional, Owner May Carry, Other

Listed by Keller Williams Capital Realty

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(617) 733-2519

peter.giannikopoulos@elliman.com

5555 Biscayne Blvd # 302, Miami, Florida, 33137, United States

14840 Naranja Lakes Blvd #C2L Homestead, FL 33032