Overview
Closing Costs Calculator- Status: Active
- Parking No info
- Size: No info
- Price Per: No info/No info
- Type: Condo
- Built: 1974
- HOA: $499.00/MO
- MLS Number: A11628906
- View No info
- On Site: 7 days
- Updated: 7 Days Ago
- Page Views: 0
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.
Contact AdvisorPrice History
Date | Event | Price | Change Rate | Price Per |
---|---|---|---|---|
N/A | Price Increased | $2,300,000.00 | 4.5% | $2,139.53 ft2/$23,029.77 m2 |
12/10/2024 | Listed | $2,200,000.00 | $2,046.51 ft2/$22,028.48 m2 |
Features
Property Details for 14840 Naranja Lakes Blvd Unit C2 L, Homestead, FL 33032
- Bedrooms
- Bedrooms: No info
- Bedroom Description: No info
- Bathrooms
- Full Bathrooms:
- Half Bathrooms: No info
- Master Bathroom Description: No info
- Exterior and Lot Features
- Exterior Features: No info
- View: No info
- Interior, Heating and Cooling
- Interior Features: No info
- Appliances: No info
- Heating Description: Central
- Cooling Description: No info
- Building and Construction
- Floor Description: Carpet
- Windows/Treatment: No info
- Construction Type: Multi Family
- Year Built: 1974
- Waterfront and Water Access
- Waterfront Property: No info
- Waterfront Frontage: No info
- Waterfront Description: No info
- Water Access: No info
- Water Description: No info
- School Information
- Elementary School: No info
- Middle School: No info
- High School: No info
- Other Property Info
- Community Name: No info
- Subdivision Name: No info
- Property Type: Condo
- Property Subtype: Commercial Sale
- Type of Association: Homeowners
- Garage Spaces: No info
- Listing Date: 12/10/2024
- Area: 69
- Brokered By: Keller Williams Capital Realty
- Legal Description: NARANJA LAKES CONDO 5 UNIT C2L - BLDG C UNDIV .413% INT IN COMMON ELEMENTS CLERKS FILES 73R119460-75R8964 OR 20998-1228 0103 1 COC 24714-335
- Taxes, Fees & More
- Maintenance/HOA Fees: $499.00/month
- Taxes (PLEASE NOTE THAT: Property taxes on resale can vary and prorated at approximately 2.0% of the purchase price and/or assessed market value. Tax rates differ between municipalities and may vary depending on location and usage): $1,613.00
- Type of building: A, B, C, & D
- Occupancy Information: Call Agent
- Occupancy Percentage: No info
- Property Type Description: No info
- Parking Description: Assigned, Accessible Parking, Guest
- Parking Spaces: No info
- Number of Units: 14
- Number of Floors: No info
- Number of Stories: No info
- Zoning Information: 3900
- Total Acreage: No info
- Acreage Description: No info