Overview

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  • 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.

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Price History

DateEventPriceChange RatePrice Per
N/APrice Increased$2,300,000.004.5%$2,139.53 ft2/$23,029.77 m2
12/10/2024Listed$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

Condo current status is Active, 14840 Naranja Lakes Blvd Unit C2 L is a Condo in , Homestead, FL 33032 with property MLS ID# A11628906. This Condo has been listed on Best of Luxury Realty since December 10, 2024 and is currently priced at 2,300,000. This property was built in 1974.

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Area Specialist

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Tracey Schmitt
Real Estate Advisor
Specialties:
Luxury Oceanfront Communities, Waterfront Single Family Homes
Memberships:
Master Brokers, Luxury Real Estate Marketing, Million Dollar Guild
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