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14840 Naranja Lakes Blvd C2l, Homestead, FL – $2,200,000

  • $2.2M Price
  • 17 DOM
  • $2.2M Price
  • 17 DOM

14840 Naranja Lakes Blvd C2l

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.

Essential Information

  • MLS® #A11628906
  • Price$2,200,000
  • Bathrooms0.00
  • Year Built1974
  • TypeResidential
  • Sub-TypeCondominium
  • StatusActive

Community Information

  • Address14840 Naranja Lakes Blvd C2l
  • Area69
  • CityHomestead
  • CountyMiami-Dade County
  • StateFL
  • Zip Code33032-8335

Amenities

  • ParkingAssigned, Guest, Handicap

Interior

  • InteriorCarpet
  • HeatingCentral
  • CoolingCentral Air

Exterior

  • RoofConcrete
  • ConstructionBlock

Additional Information

  • Listing Courtesy ofKeller Williams Capital Realty
  • Date ListedJuly 25th, 2024
  • HOA Fees499
  • HOA Fees Freq.Monthly
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