14840 Naranja Lakes Blvd C2 LHomestead, FL 33032
Overview
- Status: Active
- Bed(s) No info
- Bath(s)
- Half Bath(s) 0
- Parking No info
- Size: 1,075 ft2/99.87 m2
- Price Per: $2,139.53 ft2/$23,029.77 m2
- Type: Commercial/Investment
- Built: 1974
- HOA: $499.00/MO
- MLS Number: A11628906
- View No info
- On Site: 7 days
- Updated: Listing Refreshed: 7 Days Ago
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.
Price 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 |
Contact Information
This property is courtesy of the Keller Williams Capital Realty. The data relating to real estate for sale/lease on this web site come in part from a cooperative data exchange program of the multiple listing service (MLS) in which this real estate firm (Broker) participates. The properties displayed may not be all of the properties in the MLS's database, or all of the properties listed with Brokers participating in the cooperative data exchange program. Properties listed by Brokers other than this Broker are marked with either the listing Broker's logo or name or the MLS name or a logo provided by the MLS. Detailed information about such properties includes the name of the listing Brokers. Information provided is thought to be reliable but is not guaranteed to be accurate; you are advised to verify facts that are important to you. No warranties, expressed or implied, are provided for the data herein, or for their use or interpretation by the user. The Florida Association of Realtors and its cooperating MLSs do not create, control or review the property data displayed herein and take no responsibility for the content of such records. Federal law prohibits discrimination on the basis of race, color, religion, sex, handicap, familial status or national origin in the sale, rental or financing of housing.